FPML-CWG Collateral WG Meeting Minutes

Please find the minutes from the March 31 meeting. Please let me know if any points missed.

Participants

1. Caroline Foran (HSBC)

2. Charles Miller (JPMorgan)

3. Chetan Joshi (Bank of America Merrill Lynch)

4. Harry McAllister (BNP Paribas)

5. Irina Yermakova (ISDA)

6. Jesse Nolan (UBS)

7. John Straley (DTCC)

8. Lucio Iida (Black Rock)

9. Lyteck Lynhiavu (ISDA)

10. Marc Gratacos (ISDA)

11. Nicole Jolliffe (Swift)

12. Richard Barton (Algorithmics)

13. Sammy Lee (Globeop)

14. Vivian Wu (Goldman Sachs)

Apologies

1. Kaizad Bhathena (GlobeOp)

Notes

Logistics

à The previous meetings was related to logistics on where to proceed and how to handle feedback to the original ISDA Working Group that produced the requirements that we are working from. Richard agreed to discuss with the chair of that group Caroline Foran to determine next steps.

à Discussed timelines for creation of the ISDA FpML message unofficial roadmap attached for information.

à Discussed combine SWIFT, ISDA, FIX, ISITC Business Justification for Collateral Messages the details can be see on the ISO20022 website. You can find it at RA Id 49 in the Status of Submissions table at http://www.iso20022.org/status_of_submissions.page where there is also a link to the Business Justification http://www.iso20022.org/documents/BJ/BJ049/ISO20022BJ_CollateralManagement_v3.pdf

Action Items

1. Richard To Discuss With Caroline Foran coordination and communication with the ISDA Collateral Working Group Business Requirements

Attachments

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FPML-CWG Collateral WG Meeting Minutes - Mar 31, 2010