Date

21 Aug 2018

Attendees

Agenda

1) Use Case reminder

2) Where we are on our road map.

3) Open Action Items

4) JIRA Issues Review - https://jira.edmcouncil.org/projects/DER/issues/DER-10?filter=allopenissues

5) Todays content discussion.

6) For next week.

Proceedings:

JN says it will take CFTC another 6 weeks at least to get Allegrograph installed. LabCFTC should be a separate track from additional FIBO content. CFTC must do an internal pilot with Allegrograph and IRS before doing anything more with FIBO implementation. In the meantime, JN can help with content.

DN What should this meeting do next? EK Pete is doing Options for another customer. Commodities needs more work in units of measures for commodities and options. DN to JN How do Commodity Swaps compare to Options? JN Things work slowly at CFTC. "They want to see dynamic counter party exposure". But, both Options and Commodities are also very important. But, whatever is important to FIBO, would be happy to help personally, but can't commit the CFTC.

DN Looking on a generic business value scale, where is the best value for FIBO and also supports CFTC. JN says any connection between IRS and Commodities would be of interest because now they must use brute force to find anything at all with current system. AI is just learning the connections in the data and FIBO and underlying triple stores would make this possible. Now PHd economists must do this.

DN Where do we get resources? Where do we find people who have expertise in these areas. EK David Saul has people who have this knowledge. Must be willing to support and review. Maybe Pete's client. Maybe an options person. DN to EK, please pursue ur ideas. We need access to SME's to work with us consistently to capture their knowledge and represent it in FIBO. JN I can get SMEs on a sporadic basis, but not on a recurring weekly basis. Give me the topic and absolutely. Tell me the priority for FIBO. Obviously commodities are attractive and also connecting commodities to swaps and options. All important and can find SMEs given lead time. DN We can do either/or. DN to JN Can you find out who is available and we listen and then express what is said in OWL and come back with what FIBO says. JN OK, will do this and get back to DN.

JN Connecting options and futures and swaps to see who is exposed to what is what we want. Now can only see parts of the entire gigantic market using brute force. Want to visualize the data as a network. This would be nirvana. DN FIBO has quite a lot now waiting to be used for risk analysis.

JN will look for his SMEs in Options and Commodity Swaps and get back to us. JN will try to have this person or these persons in this same time slot.

Decisions:

Action items

John Nowlin will look for his SMEs in Options and Commodity Swaps and get back to us. JN will try to have this person or these persons in this same time slot.

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