Explore a panel discussion on collaborative efforts to develop a standardized currency reference data model for the financial industry. Learn how FINOS and Legend facilitated cooperation among various companies to address requirements, tackle sourcing issues, and standardize business information. Discover the process of creating a draft model enriched with an agreed 'base' list of currencies, extending beyond ISO standards to include trading currencies. Gain insights into the collaboration methodology, current model status, and future steps for accessing the currency list. Understand the challenges faced during development, including handling disagreements between banks, modeling the full set of currencies, and determining the scope of the project.
Overview
Syllabus
Introduction
Background
Elaine Fraser
How to get involved
The model
What if the banks disagree
Modeling on the full set of currencies
Concerns when developing the model
Where do you draw the line
Taught by
Linux Foundation