Collateral Working Group
Mission: To extend the current FpML standard with the definition of the appropriate messages to support the collateral processes, building on the defined messaging framework. Target Participants: Collateral business specialists, business analysts, technical architects.
Chairs of Working Group
Richard Barton (IBM)
Meeting Schedule: The whole group should meet weekly by telephone (up to 2 hours). A group discussion list will be used to manage group communication and to provide an archive of discussions and decisions. Rules of Operation: The working group will adopt the FpML Rules of Operation (Working Groups section). These outline best-practices for meetings, managing member participation, reaching group consensus and voting. Estimated time commitment from Participants: Members should be prepared to commit approximately 1/2 day per week. Full members must have the agreement and support of their management before signing up to the Working Group. It is expected that participants will be signing up for action items and proposals, and will generally be participating in discussions during the week. Participants will also need to liaise with other working group members to ensure the consistency of the standard. Experience has shown that occasional face-to-face meetings can expedite the process so members should be aware that some travel and full-day meetings might be required.