MTF minutes 2008-07-11

["Brian Lynn" <brian.lynn@xxxxxxxxxxxxxxxxxxx>]

Attendees
=========
Robert S., Brookpath
Lyteck., ISDA
Mark , ISDA
Irina, ISDA
Brian L, GEM
Christian 
Andrew J, Handcoded
Harry Mc. BNPP
Jason P, BGI


Regrets
=======




Current Actions
===============
Robert has distributed a paper describing the roles as a standalone
structure.
Marc held off an update on the identification requirements pending review of
SC feedback.


Stds Committee Debrief
======================
Product - we discussed the SC feedback and decided that no change was
required on product-specific recommendations.

Trade Identification - SC was not keen on backward-incompatible trade
identification changes.  We will review Harry's proposal and decide on next
steps.

Trade v. Contract - Andrew J. will finish a paper on this, to be submitted
to the SC for a vote.
One contributing factor we discussed was the fact that the review processs
for the contract messages was curtailed.

We agreed that the MTF should consider process issues that may be
contributing to modeling issues.  Brian volunteered to draft a short list of
process issues that contribute to modeling issues.


Trade identification
====================
We reviewed Harry's proposal for a backward compatible way of representing
the primary trade ID for a party.  We agreed that this solution/pattern
should be used, in conjunction with Christian's correlation identifier
reference.

Marc will update the identification paper using Harry's pattern.  We will
see to retain the partyTradeIdentifier backward compatible.  For event
identifiers we will introduce a new type using Harry's pattern, but using
generic element and attribute naming (e.g not tradeId, but rather
identifier).

Issues
======
We did not have time to discuss any of the issues from the issues list.

Next meeting
=============
July 18 - review Robert's role proposal