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Jul 21, 2020

In this episode we are joined by Emma Kalliomaki, Managing Director of the Association of National Numbering Agencies (ANNA) and The Derivatives Service Bureau (DSB), and Malavika Solanki, Member of the Management Team at the DSB. ANNA is a global member association that seeks to foster standardisation within the financial industry by upholding the International Organisation for Standardisation (ISO) principles, and by promoting International Securities Identification Numbers (ISINs), Classification of Financial Instrument codes (CFIs), and Financial Instrument Short Names (FISN). The DSB was founded by ANNA as a fully automated global generator of ISINs, CFIs and FISNs for OTC derivatives.

Messaging and data standards might at first appear dry, but together Emma and Malavika explain why the association and bureau exist and their roles in helping key regional market infrastructures. We explore the pressures their members and partners face and how they continue to support them throughout Covid-19 with business continuity and resilience development. While data integrity and alignment play an incredibly important part of this, we explore how the human need for stability must be met before organisations can look at how to move forward with new innovations and technologies such as digitisation, AI, and robotic process automation. We also discuss the role of consultation and collaboration with the other industry associations, members and stakeholders in shaping ANNA’s and the DSB’s roadmaps, and why the industry should be paying particular attention to new regulations such as Securities Finance in Transaction Regulation (SFTR), ESMA’s consultation on non-equity transparency under MiFID II, and EMIR Refit. And on a lighter note, as we have asked all CEOs and their colleagues, Emma and Malavika share what’s been keeping them going personally throughout the lockdown.