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FpML-RPTWG FpML Reporting WG minutes 2009-10-19



Attendees

========

Philip Leach, DTCC

Chuck Kael, HSBC

Irina Y, ISDA

Steve Adler,  IBM

Marc G, ISDA

Mike Kopcak, DTCC

Lucio Iida, BGI

Martin Sexton, London Market Systems

Matt Simpson, CME

Subash, DTCC

Sreedhar Segu, DTCC

Chris Funck, Chatham

Dinesh, BBG

Brian Lynn, GEM

Jai Subrahmanyam,  Goldman Sachs

Marisol Collazo, DTCC

 

Regrets

======

Mark Taratko, KPMG

Karel Engelen, ISDA

Stephen White, State Streeet

Ludvig Henriksson, TriOptima

Bruno Beccaria, Citadel

 

 

Actions

======

- Brian has updated the examples to include all NPV info from the spreadsheet; look at example file #7 included in the schema.

- Marc G. will produce an example of combining positions and events in a single report.

>> Brian will retrieve DSWG activity report example to circulate to the group, as it is a similar concept.

 

Not discussed:  Sreedhar Segu is developing a proposal for aggregate reporting, possibly based on existing valuation reports.

 

Standards Committee Update

=======================

Marc reported that we anticipate publishing a working draft #4 with our changes in the next couple of weeks, and an LCWD around a month later.

 

Brian reported that the SC discussed and approved a proposal to ask the RPTWG to expand its scope to cover reporting on relationships between entities (such as subsidiary and guarantor relationships).  See attached paper for more details.  We will discuss this in more detail next week.  Jai S. said he would be able to get information about regulatory reporting requirements/specifications in this area from his firm.

 

 

Issues

=====

We discussed the naming of the “generic” product.  Brian’s proposed name (“nonSchemaProduct”) was accepted.

 

Clearing fields

===========

Matt Simpson of CME proposed adding 2 new fields:

- settlement cycle – to indicate whether a report is for end of day or intra-day – this would be part of the report header

- clearedDate – to indicate the date that a trade was cleared – this would be part of the trade header.

 

The group asked for a  specific proposal, which we will discuss next week if it is available.  Brian commented that the clearedDate would affect the tradeHeader and would probably require CoordinationCommittee approval.

 

 

OMG Collateral Recon Field List

========================

We discussed the request from Martin Bilton.  Brian asked members to review the proposed field list.  He also said that he believed that all of the included fields were probably already representable in the standard, but he would review this over the course of the next several weeks.

 

 

Next meeting

===========

Oct. 26 – ongoing work on examples, CME proposals

Attachment: Entity Modeling In FpML.DOC
Description: MS-Word document