Hammad:

• Updated WG on Board Mtg presentation
• Reiterated Board confirmed focus of WG should be tangible benefit rather than just a set of principles
• Gave overview of NY Meetup

Will:

• Next stage/OSSF from FO perspective, get feedback about initial objects that have been defined, get input on next set of products group can kick off & backed by use cases
• Generic rates object
• Asked group to define additional trade objects
• Interconnectivity with FDC3
• Where is there use case and object that can be connected
• Accelerate definition of next few products

Johan

• Use cases update FDC3
• They have 9 use cases & some will be relevant to FO WG
• Push from FDC3 use case to give to FO WG
• Use cases for FDC3 should just be action starters

Dan

• Refinitive - toying with indication of interest object for pre trade in equity space.  
• Pre trade IOI for example

Codrut  

• Welcomed and gave introduction
• Works for TradeWeb - Applications Development Group
• Interested in how trade will be represented mostly in review case

Ming Yang

• Does she have additional points or need anything from FO WG
• From interfacing with dealer clients
• Interested in RFQ & equity derivative space
• Will get herself up to speed by next meeting

Mira - Will WG look at product (for example data modeling for equity derivative space)?  

Hammad:

• Rather than look at product in its entirety, look at each segment which will then simplify communication
• Get key folks together to map out a plan of action.  
• Dan & Mira to share anyone they already partner with and fold into this WG

Riko

• Introduced himself works at JPM and quite active on FDC3
• Interested in exchanging data and governance
• Where are FO and how do people find and engage with them.

1. Does FO WG consider themselves only financial or FO in general?
2. How does Fixed Standards fit into this WG?

Will  (clarified focus of this WG)

• What is absolute minimum set of requirements (at FINOS) for workflow
• Format & construct in each of the attributes

Hammad - How is it best for WG members to consume info?

Feedback from group

1. Version that fits with FDC3 object
2. Rates object template readily available
3. Reference implementation? What would template look like?
4. Per Johan - could be like what W3C has or Javascript school (“try it” functionality)
5. If someone is using objects (in the wild), give them an example of how we are using it

Hammad - Caution: have layperson’s approach, not exclusively FDC3

Will - Symphony will be joining next session

Object Repository - Update

Rob was asked for update on approaches/suggestions

1. Tomorrow’s FDC3 PMC meeting - Mao will present documentation and how we build that in a more consumable way
2. Next step will be to get feedback on that example
3. Looking for balance in how to create balanced, usable, well organized documentation.
4. FDC3 happens to be further ahead on this right now
5. FO will be similar but not the same
6. Requested documentation examples from the group (that they run across)

Hammad Akbar