October 3, 2016
FpML Publishes a Discussion Paper: FpML for Regulatory Reporting – Design Improvement Ideas
During the development of FpML 5.9, the FpML Regulatory Reporting Working Group (RPTWG) performed a review of lessons learned from five years of regulatory reporting using FpML. The group identified a number of issues with regulatory reporting and proposed a set of potential solutions to address the various issues. In addition, the RPTWG provided a draft prototype reporting message as an example. The attached paper describes the issues and potential solutions in more detail.
http://www.fpml.org/docs/RPTWG-FpML-reporting-redesign-ideas-2016.pdf
The FpML standards committee solicits feedback on the issues and proposed solutions described in the paper, with a goal to see whether they should considered for the next version of the FpML standard.
Please provide feedback to rptwgchair@fpml.org.