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FpML-VALU40 PRWG minutes 2004-08-17



NB:  NO MEETING NEXT WEEK, AUGUST 24.  Next meeting will be August 31.

Attendees
=========
Marc
Robert
Brian
Henrik

Regrets
=======
Mahmood
Minor
Vlad


Review of actions
=================
Robert - update for query portfolio expected for this week
Brian - action on referencing market inputs complete - no schema change
required (comments welcome)
Brian - action on "level of detail" in valuation request ... we felt that
this should be optional and a scheme value rather than an enumeration.
Brian - action on sensitivity calculation details ... no progress
Brian - action on renaming element in PricingStructurePoint ... to be done
today
Brian - action on making element optional in credit curve ... hopefully to
be done today
Mahmood - examples - no update
Mahmood - specify curve perturbation type - no update

Enumerations in PRWG schema files
=================================
We discussed Marc's email and concluded that all of these should be
changed
to schemes and the type definitions should be left where they are.  
Rationale:  pricing and risk is a rapidly evolving area with lots of
proprietary customization; schemes are a better way of handling this,
since
enumerated values can't all be identified right now.

New Actions
===========
Robert - initial draft for market data request/response


AOB -

Brian is traveling next week, so we're canceling next week's meeting.


Brian Lynn, CTO
Global Electronic Markets, http://global-emarkets.com
High-speed FpML matching, reconciliation, and validation:
http://fpml-mediator.com
 



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