Source: Thematix Partners LLC ( Elisa Kendall)
The concept of a lifecycle, such as a product lifecycle, economic lifecycle, etc. is urgently needed for securities and derivatives, together with concepts for lifecycle stages and events. These concepts are shared across a number of finance areas, for example for loan origination, the lifecycle of a capital markets deal, and in particular for swaps and derivatives.
New SEC rulings will reporting of certain information as at a number of stages in the lifecycle of an order, including at origination, routing, modification, cancellation, and execution, so having the concept of a lifecycle (and in this case an order lifecycle), the relevant stages, and events that occur during those stages, including but not limited to events that trigger reporting requirements, is essential.
Reported: EDMC-FIBO/FBC 1.0 — Tue, 2 May 2017 20:45 GMT
Updated: Sun, 7 May 2017 00:19 GMT
- 1. Financial Products and Services Class Hierarchy.svg 1.16 MB (image/svg+xml)
- 10. Definition of Lifecycle.svg 1.15 MB (image/svg+xml)
- FinancialProductsAndServices.rdf 41 kB (application/rdf+xml)
- resolution_FIBOFBC11-12.doc 250 kB (application/msword)