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Attendees ======== Bruno Beccaria, Citadel Miriam Steinberg, Chatham Chris Funck, Chatham Martin Sexton, London Market Systems Ludwig Henrikson, TriOptima Lucio Iida, Blackrock Dinesh Shastri, Bloomberg Matt Simpson, CME Marc Gratacos, ISDA Brian Lynn, GEM Irina Yermakova, ISDA Sreedhar Segu, DTCC Stephen White, State Street Jai S, GS Subash Rajogopal, DTCC 1) Review status of actions b) Brian to update party model and party relationships
model, follow up with Chris and Miriam >> Done, see attachments. Chris diagrammed
the sample report, and will produce additional diagrams with more realistic
data, for distribution early this week c) Irina and Brian to get schemes set up for credit
ratings agencies and industry classification codes >> mostly done >> Irina will distribute that shortly d) Brian to create an example with Chris/Miriam's sample
data >> on hold pending better example data from Chris 2) Review entity model and example, discuss refinements >> We decided to turn party information to a model
group and remove the partyInformation element >> We previously agreed to propose to coordination
committee to add an optional coding scheme URI attribute for partyName; this
was forgotten in today’s CC meeting and will be done next time. >> Under UK law, the collateral is posted directly
with the counterparty, US it is with a collateral agent. In the current situation, the collateral agent could take
the collateral if it is owed money by the defaulter. >> W agreed that we should add an example of a
collateral agent and the corresponding account information. 3) Status of wd4 - Publication status >> Due to a Standards Committee earlier this month,
we needed to pull back equity definitions to those from 4.7. Changing this
delayed publication to today. >> In the LCWD, party information will be limited
to reporting view Presentation Feb. 4 at 10 NY time (see attached draft
PowerPoint) >> this was mentioned, no discussion. 4) OMG cross-product reporting group - Marc discussed the status of the data field
standardization work. - Brian mentioned that we have been asked to define
requirements for aggregate reporting. Brian will develop proposed
requirements this week. Next meeting =========== Monday, Feb . 1, 11 am NY time – update of
entity model, draft aggregate reporting requirements. |