Market Data Definition Language (MDDL)
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The Financial Information Services Division of the Software & Information Industry Association
Minutes - NYC 2002/04/19
MDDL Bond Vocabulary Meeting Agenda

April 19, 2002


Location

Bond Market Association
40 Broad Street
12th Floor
New York, NY

Agenda

This is a follow-up to the initial MDDL/BMA meeting on April 4. We’ve reorganized the working vocabulary documents and posted them to the web at www.mddl.org/bennett (moved to "Resources" on 2002/10/25). Our goal is to be able to present BMA with a full working list of terms and definitions for the New Issue data they need for their Portal Project.

In order to do this:

  1. We need to get the terms finalized and organized into the right order/hierarchy. Following the meeting on Friday, the task will be to propose the optimum implementation of these hierarchies as MDDL properties, classes, etc.
     
  2. We need FISD member review of the debt terms hierarchy view. This should include checking to see that we implemented the April 4 changes correctly, addition of new terms and evaluation of the new proposed sub-headings to replace the BMA ones. THIS IS CRITICAL. Please direct comments to Mike Bennett at London Market Systems ASAP.
     
  3. Bennett will reissue MDDLDebtTerms for a final review as soon as he gets your comments. He will also reissue Sheets 2-4 for review and input. This should focus on the corporate and municipal bond information required by BMA.

    · Sheet 2 (Market) becomes MDDLDebtMarkets03.xls
    · Sheet 3 (Instrument) becomes MDDLDebtInstruments03.xls
    · Sheet 4 (Functional) becomes MDDLDebtFunctional03.xls (This will initially focus on BMA’s Portal Project applications requirements.)
     
  4. Determine definitions for the agreed terms. The hierarchy we agreed to during the April 4 meeting was ISO 15022 - BMA - MDDL. Definitions should focus on the context/meaning of the terms as well (e.g. how the terms will be treated by MDDL and how the resultant tags may be used).