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RE: Important Update - Event Id



Title: RE: Important Update - Event Id

Right that makes sense. When describing rollovers we would potentially need id’s at different levels which can refer to each other.

 

From: loanwg@xxxxxxxx [mailto:loanwg@xxxxxxxx] On Behalf Of derek.n.lasalle@xxxxxxxxxxxx
Sent: Tuesday, June 03, 2008 1:28 PM
To: loanwg
Subject: Re: Important Update - Event Id

 

Something we have modeled internally leverages the concept of causalEvents and resultantEvents. Each resultantEvent has an idRef to the causalEvent that initiated it. Both the causalEvent and resultantEvent can be of various event types either explicitly (rolloverEventId) or a scheme/typeEnum combined generic structure to model events not known apriori in the model for extensibility.

Event relationships are also modeled with a correlation set that provides the ability to correlate sets of identifiers.

Regards,
Derek
Derek LaSalle
IB Architecture


 ----- Original Message -----
  From: "Bhavik Katira" [bhavik.katira@xxxxxxxxx]
  Sent: 06/03/2008 01:10 PM AST
  To: <loanwg@xxxxxxxx>
  Subject: RE: Important Update - Event Id

 

Agree on the need for multiple event id’s for integration etc.

 

But the other design point I am thinking about is whether the event ids really belong at the notice level or whether they belong within the body of the business event fields. Thinking forward, when we start to combine some of these ‘business events’ together (e.g. in a rollover), we may want to specify each of the business events separately (rollover has a repayment, interest payment etc)…?

 

Of course, the alternative is that when we combine these events into a rollover… they are all considered to be ONE event.

 

?

 

BK

 

From: loanwg@xxxxxxxx [mailto:loanwg@xxxxxxxx] On Behalf Of derek.n.lasalle@xxxxxxxxxxxx
Sent: Tuesday, June 03, 2008 12:52 PM
To: loanwg
Subject: Re: Important Update - Event Id

 

Highly recommended that a similar model for event identifier is taken from trade identifiers with versionedEventIdentifer containing a version in cases of amends. Since identifiers of events are assigned by originating systems and other participating parties/applications, the requirement is to inject their own event identifiers into the same <eventIdentifiers> parent collection. Each <eventIdentifier eventIdScheme="urn or uri of id source"> has a scheme. This a crucial structure for integration. Event id's are separate from message id's which are different for each message sent.

Regards,
Derek LaSalle
JP Morgan
Derek LaSalle
IB Architecture


 ----- Original Message -----
  From: "Bhavik Katira" [bhavik.katira@xxxxxxxxx]
  Sent: 06/03/2008 12:39 PM AST
  To: <loanwg@xxxxxxxx>
  Subject: RE: Important Update - Event Id

 

A follow up question to this is whether people think that we should have the ability to store multiple event id’s…?

I.e. different vendors may want to store their own id’s in the messages…

Any feedback on this from anyone…?

_____________________________________________
From: Bhavik Katira [mailto:bhavik.katira@xxxxxxxxx]
Sent: Tuesday, June 03, 2008 12:33 PM
To: 'loanwg@xxxxxxxx'
Subject: Important Update - Event Id

All,

It came to our attention that in previous discussions we spoke about introducing a business event id to all of our notices.

In the current design, there is a “message id” in the header section, which is unique for every single message sent out.

However, if for any reason there are multiple messages sent out all referring to the same business event then they should all have the same “event id”. This event id has been introduced at the Facility Notice and Loan Contract Notice levels. It is a required field and the sender of the message would populate the id based on their own scheme definition.

Please take a look at the attached and provide any feedback ASAP.

Note: The event id type used is inherited from an existing FpML structure.

Thanks,

BK

 << File: eventid.doc >>


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Generally, this communication is for informational purposes only and it is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. In the event you are receiving the offering materials attached below related to your interest in hedge funds or private equity, this communication may be intended as an offer or solicitation for the purchase or sale of such fund(s). All market prices, data and other information are not warranted as to completeness or accuracy and are subject to change without notice. Any comments or statements made herein do not necessarily reflect those of JPMorgan Chase & Co., its subsidiaries and affiliates. This transmission may contain information that is privileged, confidential, legally privileged, and/or exempt from disclosure under applicable law. If you are not the intended recipient, you are hereby notified that any disclosure, copying, distribution, or use of the information contained herein (including any reliance thereon) is STRICTLY PROHIBITED. Although this transmission and any attachments are believed to be free of any virus or other defect that might affect any computer system into which it is received and opened, it is the responsibility of the recipient to ensure that it is virus free and no responsibility is accepted by JPMorgan Chase & Co., its subsidiaries and affiliates, as applicable, for any loss or damage arising in any way from its use. If you received this transmission in error, please immediately contact the sender and destroy the material in its entirety, whether in electronic or hard copy format. Thank you. Please refer to http://www.jpmorgan.com/pages/disclosures for disclosures relating to UK legal entities.