Re: Loan FpML WG Meeting: 9 March 2010, 1000-1100EST (London Time: 3-4pm)

[Rita Virdee <rvirdee@xxxxxxxx>]

Hi,

Can you send me a calendar invite for
all the meetings scheduled over the next few months. It seems to have dropped
out of my calendar.

Thanks

Rita Virdee
 ·
 DTCC Loan/SERV
Europe  ·
 RVirdee@xxxxxxxx 
·
 +44 207 650
1425

For more information  ·   www.dtcc.com/loanserv

"Bhavik Katira" <bhavik.katira@xxxxxxxxxxxx>
Sent by: loanwg@xxxxxxxx

08/03/2010 14:43

Please respond to
loanwg@xxxxxxxx

To	<loanwg@xxxxxxxx>
cc
Subject	Loan FpML WG Meeting: 9 March 2010, 1000-1100EST (London Time: 3-4pm)

Dial-in Details
 
US: + 1 (888) 481 - 3032
Intl: + 1 (617) 801- 9600
UK: 0800 904-7961
 
Participant Code: 28413758
 
Agenda
 
1.       Walk-through
of all working group feedback items (as listed below). These proposals
are included in the schema from GS attached.
2.       Next
Steps.
 
Updates to existing full
schema and requirements document to follow.
 
Schema Feedback/Proposals
(as illustrated in the attached schema)
 
1.       PricingChangeNotice
– For the OnGoingFeeRateChange structure review the choice structure between
a simple price and a tiered price. This will allow support for scenarios
such as utilization fees.
2.       InterestPaymentNotice
– Last time we discussed adding choice between an amount or PIK amount.
 We should also consider whether some of the accrual structures should
be choices as well.
3.       Trading
structure proposed updates:
a.       DealTrade:
Proposal for field additions:
- ActualSettlementDate – Actual date that the settlement takes place.
 Only populated once settlement happens.
- WhenIssuedFlag – Need to identify when issued trades.  i.e. traded
before the credit agreement has been signed.
- BreakCostsFlag – Need to identify if break costs should apply.
- DelayedCompensationFlag – Need to identify if delayed compensation will
apply (since by default it does)
b.      Should
we remove the otherTradeTerms field…?
c.       DealTrade:
Proposal for field changes:
- ParDistressedFlag – rename to documentationType and created DocumentationTypeEnum
with values “Par” and “Distressed”.  This should provide a more
flexible way to model this concept.
- On buyerCounterparty and sellerCounterparty loanPartyContactType had
attribute pricingChangeReasonScheme which looks like a mistake. Rename
to loanContactPartyTypeScheme…?
- Can we abbreviate the AccrualSettlementEnum used by accrualSettlementType
as follows:
Settled without Accrued Interest – SWOA
Settled with Accrued Interest – SWA
Trades Flat – Flat
d.      Should
we add Transfer Fee information?
 
Regards,
 
Bhavik Katira
CEO
 
TenDelta™
Fresh insight. Pure logic.
 
www.tendelta.com
 
+1.917.582.4574
new york
+44.(0).7780.808732
london
 
TenDelta™ provides business
process consulting, technology design & education services; specializing
in the Syndicated Loan Market. Entrusted with engineering innovative &
logical solutions; we endeavor to deliver timely, robust, cutting-edge
results.
 
Copyright ©2008-2009. TenDelta™
LLC (US), TenDelta™ Limited (UK). All Rights Reserved.
 
From: loanwg@xxxxxxxx [mailto:loanwg@xxxxxxxx]
On Behalf Of Bhavik Katira
Sent: Tuesday, February 23, 2010 2:54 AM
To: loanwg@xxxxxxxx
Subject: Loan FpML WG Meeting: 23 February 2010, 1000-1100EST (London
Time: 3-4pm)
 
Dial-in Details
 
US: + 1 (888) 481 - 3032
Intl: + 1 (617) 801- 9600
UK: 0800 904-7961
 
Participant Code: 28413758
 
Agenda
 
3.       Walk-through
of all changes as noted in the requirements document (v1.41 attached).
a.       Updated
schema also attached.
4.       Next
Steps
a.       Further
updates/action items as a result of today’s walk-through.
b.      Comparison
of current development schema against 4.7 REC.
c.       Creation
of a 5.x version of the latest development schema.
 
Please save the attached
files and remove the .mail extensions.
 
Regards,
 
Bhavik Katira
CEO
 
TenDelta™
Fresh insight. Pure logic.
 
www.tendelta.com
 
+1.917.582.4574
new york
+44.(0).7780.808732
london
 
TenDelta™ provides business
process consulting, technology design & education services; specializing
in the Syndicated Loan Market. Entrusted with engineering innovative &
logical solutions; we endeavor to deliver timely, robust, cutting-edge
results.
 
Copyright ©2008-2009. TenDelta™
LLC (US), TenDelta™ Limited (UK). All Rights Reserved.

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