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RE: FpML-BP meeting tomorrow June 27




I raised two separate issues:
  1. Observable conversation completion
  2. Message accepted as the happy path alternative to Message rejected in the business process definition

I can see how this solves the second issue, but not the first. Yet, the document references the first. How is that?


The lessons from SWIFT, FIX, and 20022 should not be rediscovered:
  1. The separation of transport and business layers (session and application in FIX parlance). This is necessary otherwise the transport business process definition (accept, reject), has to appear in the business process definition. How would this layering work in FpML?
  2. The message transport characteristics. This is a series of requirements of the transport which must be known to understand the transport process definition and the business process definition. Marc Gratacos distributed an early draft of the ISO20022 standard for these. What should these be for FpML?

I support the proposal and it is an improvement in itself, but it is not a complete solution because we must also implement the separation of layers and define the message transport characteristics.

I suggest all 3 changes are needed.

Matthew Rawlings
+44 7917 596 827



"Irina Yermakova" <IYermakova@xxxxxxxx>
Sent by: bpwg@xxxxxxxx

27/06/2007 14:37

Please respond to
bpwg@xxxxxxxx

To
<bpwg@xxxxxxxx>
cc
Subject
RE: FpML-BP meeting tomorrow June 27





Attached is a proposal for a response message to a request or a
notification, with the ability to indicate that the message was received
successfully (but not necessarily processed).

Regards,
Irina Yermakova

-----Original Message-----
From: bpwg@xxxxxxxx [mailto:bpwg@xxxxxxxx] On Behalf Of Marc Gratacos
Sent: Tuesday, June 26, 2007 6:08 AM
To: bpwg@xxxxxxxx
Subject: FpML-BP meeting tomorrow June 27

The next BPWG meeting will be on Wednesday June 27 from 10:30 to 11:30
New York Time.

Agenda
------
1. Review of actions
>>> IY to propose a message or messages for responding to a
request or a notification, with the ability to:
- indicate that the message was received (but not necessarily processed)
- indicate that the message was processed successfully.
>>> MG Check with validation Working group on rationale for not
including validation rules for product type scheme.

2. Generic product (see updates from Brian)
3. Confirmation Choreography (Steve Ross-Talbot; see email with
materials sent by Steve. Please review them before the meeting)
4. AOB

Call details:

US: 1 888 481 3032
UK: 0 800 904 7961
Intl: 1 617 801 9600
Code: 8682747

Best Regards,
Marc


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[attachment "Message Accepted Proposal.doc" deleted by Matthew D Rawlings/JPMCHASE]



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