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Hi Bhavik,
Can you please tell me where to find more elaborate definitions for the
values in the floating rate scheme? We are looking for better
understandings of the variations such as the following. What is meant
by the use of BBA, BBA-Bloomberg, ISDA, LIBO, and Reference Banks?
Same for Federal Funds-H.15, Federal Funds-H.15-Bloomberg, Federal
Funds-H.15-OIS-COMPOUND, and Federal Funds-Reference Dealers. Thank you
for any additional information. Ann
From: loanwg@xxxxxxxx [mailto:loanwg@xxxxxxxx] On Behalf Of Bhavik Katira Sent: Tuesday, August 04, 2009 11:43 AM To: loanwg@xxxxxxxx; Rosalind.Greener2@xxxxxxxxxxxxxxxxxxx Subject: RE: Loan WG Meeting: 4 August 2009, 1000-1100EST (London Time: 3-4pm) Minutes from 4 August 2009
Meeting: -
Scope &
priority o
Updated to include
modification/cancellation messages earlier. Next steps: discuss the requirements
within the business working group and understand what modifications can be
performed with respect to each of the notification messages that have already
been defined. Document the specific requirements (if any) within the business
requirements document. o
Cash flow messages.
The concept here was to include a generic structure which basically defines the
overall cash flow which is taking place on any business event. This was
mentioned as something that participants are ?unable? to go-live without.
-
Review of the
updates to the requirements document (v1.39). o
Trade structure
presented: §
Deal
Trade §
AllocatedMultiFacilityTrade §
MultiFacilityTrade §
FacilityTrade §
LoanContractTrade §
LcTrade §
DelayedCompensation o
We should
potentially look to trying to integrate the loan trade structure more closely
with the FpML OTC derivatives generic trade structure. o
Within the interest
accrual and fee accrual sections of the trade structure we should have a delayed
compensation amount for each accrual. These amounts will correspond to the
overall delayed compensation associated with the facility being
traded. -
Usage of Identifiers
for all message types. o
We should publish a
document which outlines the usage of the various identifiers within the current
message structures e.g. Message Id, Event Id, Conversation
Id. o
An additional option
was to include a version identifier within a message to enable better tracking
of modifications/cancellations in the future. Regards, Bhavik
Katira CEO TenDelta? Fresh
insight. Pure logic. +1.917.582.4574 new york +44.(0).7780.808732 london TenDelta?
provides business process consulting, technology design/implementation &
education services, specializing in the Syndicated Loan Market. Entrusted with
engineering innovative & logical solutions, we endeavor to deliver timely,
robust, cutting-edge solutions. TenDelta?
Limited is a company registered in England & Wales. The Company registered
number is 06285903. The registered office is 3 Francis Road, Harrow, Middlesex,
HA1 2QZ, United Kingdom. From: loanwg@xxxxxxxx
[mailto:loanwg@xxxxxxxx] On Behalf Of Bhavik Katira Dial-in
details: US: + 1 (888) 481 -
3032 Intl: + 1 (617) 801-
9600 UK: 0800
904-7961 Participant Code:
28413758 Agenda -
Review trade structure updates from the latest
requirements document. -
Attached: Business requirements document ?
v1.39. -
Attached: Updated schema to match v1.39
requirements. Please rename the attachment from .mail to
.zip Regards, Bhavik Katira CEO TenDelta? Fresh
insight. Pure logic. +1.917.582.4574 new york +44.(0).7780.808732 london TenDelta?
provides business process consulting, technology design/implementation &
education services, specializing in the Syndicated Loan Market. Entrusted with
engineering innovative & logical solutions, we endeavor to deliver timely,
robust, cutting-edge solutions. TenDelta?
Limited is a company registered in England & Wales. The Company registered
number is 06285903. The registered office is 3 Francis Road, Harrow, Middlesex,
HA1 2QZ, United Kingdom. No virus
found in this incoming message. ============================================================================== |