Trial Recommendation of FpML Version 5.0

ISDA has published the Trial Recommendation for FpML Version 5.0. The Trial Recommendation is available on the FpML website in the Specifications section at: http://www.fpml.org/spec/fpml-5-0-7-tr-1/.

The following is an overview of the changes compared with the FpML 5.0 Last Call Working Draft which was published on March 30, 2010:

• Business Processes:
  • Added missing “IdentifiedDate” type to “asOfDate” element within "RequestPortfolio", RequestPositionReport”, "ResetReport" and "PartyReport" complex types.
  • Within “EventActivityReport” complex type, the type of the elements "fromDateTime" and "toDateTime" was changed from "xsd:date" to "xsd:dateTime"
• All areas:
  • Synchronized content with FpML 4.8.
• Coding Schemes:
  • The following schemes have been added:
    • industryClassificationScheme
    • creditRatingAgenciesScheme
    • reportingRoleScheme
    • reportingCurrencyTypeScheme
    • partyRoleScheme
    • assetClassScheme
    • positionUpdateReasonCodeScheme

More information on the coverage and timing of future versions can be found in the FpML roadmap: http://www.fpml.org/roadmap/roadmap.pdf.

Please send your comments to us by filling in the form at http://www.fpml.org/issues.

FpML Team