December 17, 2019

ISDA publishes the Recommendation for FpML version 5.11

The International Swaps and Derivatives Association, Inc. (ISDA) has published the Recommendation for Financial products Markup Language (FpML) version 5.11. The Recommendation is the final step in the publication of the version. FpML 5.11 Highlights The main enhancements compared to version 5.10 are:
  • Regulatory Reporting Redesign (Recordkeeping and Transparency Views)
  • Added support for Securities Lending
  • SFTR coverage for Securities Lending and Repos
  • Refactoring of syndicated loan processes and notifications. Redefined business validation rules (Confirmation View)
  • Support for Inflation Rate linked Asset Swap product as an extension of the Inflation Rate model.
The FpML 5.11 Recommendation is available on the FpML website in the Specifications section at: Changes in version 5.11 Recommendation compared to FpML 5.11 Trial Recommendation (published October 31, 2019):
  • Further enhancements to the Repo product to support SFTR reporting
  • Updated the Repo and Security Lending documentation
  • Updated the FpML to SFTR fields mapping
  • Added a new set of Interest Rate Derivatives confirmation examples
  • Streamlined the Syndicated Loans documentation to HTML format.
A more detailed overview of the changes in version 5.11 can be found in Section 18 of the online documentation. Thank you, The FpML Team