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Attendees ========= Martin Sexton, London Market Systems Bruno Beccaria, Citadel Lucio Iida, Blackrock Miriam Steinberg, Chatham Chris Funck, Chatham Sreedhar Segu, DTCC Ludvig Henriksson, TriOptima Mike Kopcak, DTCC Marc Gratacos, ISDA Brian Lynn, GEM Jai S. GS Regrets ======= Chuck Kahl, HSBC Irina Yermakova, ISDA 1) Review status of actions a) Brian to slightly update Entity modeling
plan/requirements >> distributed minor updates to party information
and discussion of modeling agreements with the meeting invitation b) Miriam Steinberg from Chatham to identify credit
support agreement types. >> distributed an first cut prior to the meeting. c) Marcelle von Wendland from Fincore to provide list of
ECB party roles, and of guarantee types. >> not available this week. 2) Update on WD#4 publication schedule.
(Marc/Brian) >> ISDA is building it this week, will distribute
internally over the holidays, will publish externally in the new year. >> There will be a session in January to present
the new features in v5 wd#4 to cover both reporting and the new messaging
framework. 3) Review updated party information and related party
models (see attached diagrams and example) a) Party Information - should sector be renamed "classification"? >> we will rename to classification >> hierarchy should be implied by the number >> Martin will look up some of the schemes >> Martin will also look up credit rating schemes. >> We should add jurisdiction of the entity (where
they’re incorporated) >> party name – decided to keep the same for
now >> Action: ask the OMG cross-asset reporting group
whether need for multiple names is an issue b) Related party/documentation - review date range >> There were no comments - review generic agreement identification >> There were no comments on this - discuss how credit support agreements relate to
guarantors. Do we need to consider different guarantors for different trading
partners? >> We discussed Miriam’s paper. Brian
proposed to update the model to try to incorporate her content. - do we need to represent a more extended
hierarchy? (e.g. parent of parent) >> Not discussed. >> Brian agreed to remove irrelevant options from
related party documentation. 4) Proposal from Martin Sexton to allow multiple
partyName elements to support multiple languages. >> tabled for now 5) AOB >> There was no other business. Next meeting ============ No meeting next week due to the holidays. Next
meeting will be January 4. |