15.2 Maintenances Required for FpML

To generate FpML messages from agent to individual participants, you need to do the following:

• Maintain FpML as a media type in the Media Detailed screen.
• Attach advices that need to be fired for only a specific event to the event at the product participant level.
• Select the Send FpML option at the customer level in the Customer Entity Details screen.
• Maintain FpML formats for notices that can be sent using Free Format Messages in the Message Format Template Maintenance screen.
• Specify the FpML format and the message that should use the format in the Format File Maintenance screen.
• Capture details for messages in the Free Format Messages – Multiple Participants screen.

To generate FpML messages to Markit, you are required to maintain all the messages that you wish to generate in the Message Type Maintenance screen and in the borrower products (tranche/drawdown), you can associate the messages to the events for which the messages should be generated. The messages to Markit are generated when the contract to which the message is attached is saved and it is handed off during authorization of these contracts.

Refer the following for more details on these screens:

• Maintaining Addresses for a Customer chapter in the Messaging System User Manual (Customer entity).
• Defining Free Format Messages chapter in the Messaging System User Manual (for FpML formats).
• Maintaining Media Types chapter in the Messaging System User Manual (for defining FpML media).
• Maintaining Advice Formats chapter in the Messaging System User Manual (for details on the FpML format and message linking).
• Loan Syndication Contracts chapter in the Loan Syndication module (for details on free format messages for multiple participants)