FIA Tech, a leading technology provider in the futures industry, today announced the launch of Sanctioned Securities as part of its Databank Network suite of exchange-traded derivatives (ETD) reference data products. The new offering will be available as of December 2, 2024.

Sanctioned Securities leverages global sanctions lists from key regulatory bodies in the US, UK, and EU to assist market participants in efficiently and accurately identify ETD products with underlying indices or single stocks that may contain sanctioned entities. By flagging these products, the service enables firms to quickly assess any potential compliance risks related to trading ETD products containing sanctions imposed by relevant authorities*.

In addition to highlighting products with sanctioned names, Sanctioned Securities will provide detailed visibility into the total count of sanctioned entities within an index. The data will also include information on the corresponding government agency program associated with each sanctioned entity, offering deeper insights into the sanctions programs in effect.

Andrew Castello, Vice President, Head of Client Operations, FIA Tech said: “With increasing geopolitical uncertainty, it is important that market participants have access to the information they need to stay on the right side of trading regulations. Sanctioned Securities will provide Databank Network customers with these tools.”

Sanctioned Securities joins a growing range of regulatory ETD reference data offerings within FIA Tech’s Databank Network, which are widely used by Futures Commission Merchants, buy-side firms, and other investment institutions. These products are designed to streamline compliance efforts, reduce operational overhead, and help firms stay aligned with an evolving regulatory landscape.

Other services in the Databank Network include the recently launched Foreign Security Futures non-US index classification data set and the long-established Position Limits Databank, which consolidates and standardizes position limit and reportable threshold data applicable across global markets. Together, these products serve over 120 major global market participants who rely on FIA Tech’s solutions for critical compliance processes.

*Relevant authorities
US: OFAC (Office of Foreign Assets Control)
UK: OFSI (Office of Financial Sanctions Implementation)
EU: EEAS (European External Action Service)

About FIA Tech
FIA Tech is the leading technology provider to the exchange traded derivatives industry. Owned by a consortium of twelve leading clearing firms and the Futures Industry Association (FIA), FIA Tech is committed to serving the industry and launching innovative solutions to improve market infrastructure across the listed and cleared derivatives industry. FIA Tech works in close partnership with the broader industry, including exchanges, clearinghouses, clearing firms and other intermediaries, as well as independent software vendors, buyside firms and end users to bring efficiency to the exchange traded and cleared derivatives industry.

For further information please contact:
Candice Adam
cadam@fia-tech.com
+44 (0)7771 906 073