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Summary
Is there any section of the FpML that allows for free text / comments?
feedback
Tweak
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Architecture
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BrianGibbons
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Is there any section of the FpML that allows for free text / comments?
Notes:
BrianGibbons
02/13/25 5:33 am
Hi team,
Any feedback on this one?
Thanks,
Brian
JasonPolis
02/13/25 8:21 am
Yes. There are dozens of fields that are free text,
some of which are comments on Loans, Tasks and Resources.
You can find these by searching with the schema or data dictionary.
BrianGibbons
02/13/25 8:54 am
But are these specific to particular product types?
For example, would these be out of scope for ‘fpml-ird-5-12.xsd’ or can one of them be used?
jbaserba
02/17/25 5:38 am
Hi Brian,
Yes, there is no generic free text field in FpML available to all products, just in some instances such as the ones Jason mentioned.
The reason for this is that free text fields have been historically avoided in FpML in order to prevent possible conflicts with the parametric description of the product which could undermine the legal soundness of the FpML message.
I hope this answers your question.
Jan