FpML-VALU40 Next PRWG meeting

I’d like to hold the next meeting once the BPWG has a chance to make some decisions on the portfolio reconciliation proposal, as this may have an effect on our position representation. It will likely be a few more weeks before the BPWG has a chance to discuss this.

I’ve attached an initial draft of the BPWG’s portfolio reconciliation proposal for your information. If you look at the “DefinePosition” type about page 6, you will see that it is similar to the PRWG’s position representation. Differences include structural changes (e.g. eliminating some enclosing elements), plus a few additions and removals, but most of the content is the same. We will probably want to rationalize the two representations, at least basing them of a common base type.

If anyone has any other issues that they would like to discuss in the interim, please circulate them to the group. Some of the points still open from last year include risk reporting for equities and market input query messages. If enough interest comes up I will schedule a meeting sooner…

Regards,

Brian Lynn, CTO

Global Electronic Markets, http://global-emarkets.com

High-speed FpML matching, reconciliation, and validation:

http://fpml-mediator.com

From: Marc Gratacos [mailto:MGratacos@xxxxxxxx]
Sent: Friday, December 02, 2005 6:21 PM
To: bp@xxxxxxxxxxxxxxxxxxxx
Subject: FpML-BP Initial proposal: Portfolio reconciliation

Folks,

As mentioned, see initial proposal for portfolio reconciliation attached to this e-mail. We’ll discuss it in the next BPWG meeting.

Best Regards,

-Marc