FpML Validation Language Requirements

FpML Validation Working Group Publishes Draft Technical Note on FpML Validation Language Requirements

The Validation Working Group published today a Draft Technical Note and call for feedback on the requirements for a validation constraint language for FpML. The document is available at:

http://www.fpml.org/documents/working-papers/technical_notes/ValidationRequirements2003-03-04.pdf.

The purpose of this document is to gather feedback from other working groups and stakeholders in the industry, in particular with regards to the priority of the different requirements and the overall approach. Details on how to provide feedback are contained in the document.

Background: The Validation Working Group was set up in January 2003 to investigate validation of FpML beyond the Schema and DTD stages. This includes validation that cannot be performed using these mechanisms, business rule validation and validation against external data sources. The group is currently gathering descriptions of rules for XML in English and is also selecting a constraint language to allow it to publish those rules in a precise manner.

We are still keen to hear from parties from financial institutions who are interested in participating in the group. Please contant val-wg-chair@fpml.org to indicate your interest.

Christian Nentwich
Chair of the FPML Validation Working Group

Prepared by Robin Cover for The XML Cover Pages archive. General references in "Financial Products Markup Language (FpML)."

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