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2017-11-27 Meeting notes

2017-11-27 Meeting notes

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/FBC/issues/FBC-106?filter=allopenissues

5) Todays content discussion.

SMIF OWL-UML

SKOS

RDF/S

6) For next week.

Proceedings:

20171127 FIBO FBC FCT

 

Revisiting Product. Mike Bennett here to walk us through some of the changes to Foundations. Financial Product.  Structured product: SP is a subclass of Financial Product

 

Additional Nordea work that might warrant inclusion: relationship between a deal and a trade.  Deal is pre-trade.  Deal also brings in back-office stuff around risk, hedging, etc.

 

MB is up

 

Legacy model: product coverage is largely focused on Loans.  Still very general and may be applicable here.

 

Discussion of Line Item: what does it do here? Looks like not much as it is part of a document, not part of a contract in the abstract sense.

 

Looks like we have much of the foundational concepts in FBC--at least around offerings.

 

Product/Off the Shelf/Bespoke appear to be generalizable across different types of instruments.


Decisions:

Action items

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