15.1 Introduction

FpML (Financial products Markup Language) is an XML based message standard used for complex financial products. Oracle Banking Corporate Lending supports generation of messages (notices) using this format. The messages can be broadly categorized into two groups:

• FpML messages that are sent from the agent to individual participants of a contract.
• FpML messages that are sent to Markit, a Financial Information System that acts as an inventory for all the Agency activities. The messages sent to Markit can be generated by the system or they can be generated manually on an ad-hoc basis.

The system supports FpML messaging for regular back-valued activity, which is not prior to any other activity. This is treated as any other current dated activity message. Any backvalued activity prior to any other event is suppressed by the system.

This main topic discusses these notices, the maintenances required and the validations that the system performs as part of the message processing.