2020-07-21 Meeting notes
- Elisa Kendall
Date
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:
Today we continued the work to refactor equity swaps, based on last week's discussions. We determined that the ontologies that were labeled 'asset derivatives' should really be called 'security-based derivatives, and initiated refactoring, including URIs and module details, accordingly. We also determined that a couple of the smaller ontologies should be merged, such as bond return swaps (merged with return swaps), as well as asset baskets, which will be merged with a paired down version of asset derivatives, renamed security-based derivatives. The original asset-baskets ontology had a circular dependency with asset derivatives, and there was also a circular dependency with return swaps that we will eliminate through this process.
In the renamed security-based derivatives ontology, we also introduced a class called performance-based variable leg, as the superclass of realized variable leg, to fill a gap identified during our analysis. Results will be committed to github under DER-74 for further review.