Confirmation View - Used for confirming the precise details of contracts and post-trade business events. It is intended to have similar charactistics to the FpML 1-4 product representation, i.e. a very detailed product representation capturing the details needed for a transaction confirmation.

Reporting View - Used for reporting trading and business activities and positions (including as part of STP flows), as well as processes such as reconciliation. This view has a moderately loose product representation; it requires key economic information such as the notional, key dates, and parties, but leaves other information optional.

Transparency View - Used for reporting price forming information about executed transactions to the public by reporting parties and execution platforms. It is intended to provide only the key product econommics that are appropriate for standardized transctions, and not customizations and detailed information not required for price discovery, for example details of date adjustment rules and the like.

Recordkeeping View - Used for reporting the Primary Economic Terms of derivative transactions to Swaps Data Repositories from entities including market participants, execution platforms, and clearing or confirmation services. This view is intended to have similar charactistics to the FpML "confirmation view" product representation, i.e. a very detailed product representation capturing the details needed for a transaction valuation; it may not include all docmentaiton and legal terms.