\uD83D\uDDD3 Date
\uD83D\uDC65 Participants
\uD83D\uDDE3 Discussion
Today we looked at the minutes from last week regarding beneficial ownership - John will take a look at the references and see what he can uncover with respect to gaps.
Today we took a look at open Jira issues against SEC, of which there are only 6 at the moment. One of them, SEC-150, includes an editorial note from ages ago, which we may have addressed. John will take a look at that to see if there is anything remaining that we need to add to the ontolog(ies).
We raised SEC-200, to begin to unwind / clean-up and extend the CIV ontology so that we can better support various kinds of structured / pool backed instruments such as CDOs.
Diagrams from Jeff Braswell and Bob Mark from earlier work they’ve done related to the structure of a CDO:
Basic view of a CDO is shown in Figure 1.
Figure 2 provides an example of how these boxes might be filled for a given example.
Figure 3 provides an example of what the connections between financial institutions related to these sorts of complex instruments could look like, depending on the circumstances, in the run-up to the financial crisis of 2007-8.
We also raised SEC-201 to continue the work on our ACTUS controlled vocabulary.