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Right. Also, it seems that the loan group want to participate in
the design effort – ensuring that we have a solution that will work for all. To this end, we would not introduce the event id for this
version and include it within v4.5. FYI – ISDA would like to tag and build v4.4 this week, so we are
aiming to finalize the documentation/schema by end of day today. Thanks, BK From: loanwg@xxxxxxxx
[mailto:loanwg@xxxxxxxx] On Behalf Of Marc Gratacos There is currently a discussion within the FpML Modeling Task Force
about this topic and I think it’s going to a similar direction as Derek is
pointing at with eventIdentifier, having a similar structure as ContractIdentifier.
The modeling group is also looking at ways to explicitly indicate the primary
identifiers from a list of ids. It probably makes sense to pursue this
direction, but the only issue is that this is a general problem in FpML
currently in discussion that affects all business processes so it will take
some time to solve it and I think it won’t be ready for 4.4. Since the current
processes modeled by this group don’t require the use of eventId, I’d suggest
not introducing the concept of eventId in this version yet and wait for an
appropriate solution in a later phase. Best regards, Marc From: loanwg@xxxxxxxx
[mailto:loanwg@xxxxxxxx] On Behalf Of derek.n.lasalle@xxxxxxxxxxxx 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. ----- Original Message ----- 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 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. ----- Original Message ----- 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…? _____________________________________________ 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:
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statements made herein do not necessarily reflect those of JPMorgan Chase &
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