FpML-BP Generic product

I’ve updated the generic product model as discussed at the last BPWG meeting:

- removed riskType

- changed party references to pairs (buyer/seller, payer/receiver)

I’ve also reviewed the non-product fields and have identified the gaps and proposed some possible solutions. See the attached spreadsheet for details.

Below are the non-product gaps that I identified and some solutions:

Field	Comment	Suggested solution
Underlying Booking Branch - Party A	Distinct from legal entity	Add to partyTradeInformation or add to party'
Underlying Booking Branch - Party B	Distinct from legal entity	Add to partyTradeInformation or add to party'
Book / Portfolio / Department	Distinct from legal entity	Add to partyTradeInformation or add to party'
Date of signing of CSA	We have a CSA field	Add to documentation
Free text for any relevant comments	This has been proposed previously for FpML and rejected	Add to partyTradeInformation
Assignment Original Trade Date /Novation Date	We have tradeDate in tradeHeader, but usage in the case of a novation is a little unclear.	Add novationDate to Scheduled events? Allow multiple trade dates?
Stepping Out Party	We can do this with the novation message, but not with the position/constituent/trade structure	Add to partyTradeInformation?
MeasureType	We may need to add a measureType for system NPV	New measureType