GoldenSource Automates ISIN Code Generation Process for Mifid II Reporting

The solution will gather all the required data for allocating ISIN codes to OTC products in a simplified and automated way.

Volker Lainer, vice president of product management and regulatory affairs at GoldenSource
Volker Lainer, vice president of product management and regulatory affairs at GoldenSource

The solution aims to end one of the biggest challenges facing the sell side under the new provisions for post-trade transparency, as from January 3, 2018, the reporting of OTC derivatives will require a unique identifier for every instrument across all asset classes. 

The ISINs are being allocated by the ANNA Derivative Service Bureau (DSB), which launched a User Acceptance Testing (UAT) platform in a beta environment in April this year.

Volker Lainer, vice president of product management and

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