CollateralProposalV03

colr.007.001.03

Scope This message is sent by the collateral giver or its collateral manager to the collateral taker or its collateral manager, to propose the collateral to be delivered. This message is sent once the Margin Call is agreed or partially agreed and can be used for new collateral at the initiation of an exposure or for additional collateral for variation of an existing exposure. This message is used for both initial collateral proposal and subsequent counter proposals.

The message definition is intended for use with the ISO20022 Business Application Header.

Usage This message is sent once the Margin Call is agreed or partially agreed and can be used for new collateral at the initiation of an exposure or for additional collateral for variation of an existing exposure. The collateral proposal can include securities, cash and other types of collateral.

Message Construction

Every ISO20022 message has at the highest level what we call ‘building blocks’. Because the message is constructed as immutable records, the association is by composition. Below you can see the relationship between the message and its constituent building blocks: For comparison, see the ISO20022 official specification

classDiagram
     direction LR
%% CollateralProposalV03 recursion level 0 with max 0
class CollateralProposalV03{
    TransactionIdentification IsoMax35Text
}
CollateralProposalV03 *-- "1..1" Obligation3 : Obligation
CollateralProposalV03 *-- "0..1" Agreement2 : Agreement
CollateralProposalV03 *-- "1..1" Proposal3 : TypeAndDetails
CollateralProposalV03 *-- "0..1" SupplementaryData1 : SupplementaryData
  

Now, we will zero-in one-by-one on each of these building blocks.

TransactionIdentification building block

Unambiguous identification of the transaction as know by the instructing party. Specifies a character string with a maximum length of 35 characters. For comparison, see the ISO20022 official specification This message is declared as Max35Text in the ISO specification. In our implementation, it is represented in source code as IsoMax35Text. Due to global using directives, it is treated as a System.String by the compiler and runtime.

Obligation building block

Provides information like the identification of the party or parties associated with the collateral agreement, the exposure type and the valuation date. Provides information like the identification of the party or parties associated with the collateral agreement, the exposure type and the valuation date. For comparison, see the ISO20022 official specification

classDiagram
   direction tb
%% Obligation3 recursion level 0 with max 1
class Obligation3{
    ExposureType ExposureType5Code
}
Obligation3 *-- "1..1" IPartyIdentification33Choice : PartyA
Obligation3 *-- "0..1" IPartyIdentification33Choice : ServicingPartyA
Obligation3 *-- "1..1" IPartyIdentification33Choice : PartyB
Obligation3 *-- "0..1" IPartyIdentification33Choice : ServicingPartyB
Obligation3 *-- "0..1" CollateralAccount1 : CollateralAccountIdentification
Obligation3 *-- "1..1" IDateAndDateTimeChoice : ValuationDate
%% IPartyIdentification33Choice recursion level 1 with max 1
%% IPartyIdentification33Choice recursion level 1 with max 1
%% IPartyIdentification33Choice recursion level 1 with max 1
%% IPartyIdentification33Choice recursion level 1 with max 1
%% CollateralAccount1 recursion level 1 with max 1
class CollateralAccount1{
    Identification IsoMax35Text
    Name IsoMax70Text
}
CollateralAccount1 *-- "0..1" ICollateralAccountIdentificationType1Choice : Type
%% IDateAndDateTimeChoice recursion level 1 with max 1
  

Obligation3 members

Agreement building block

Agreement details for the over the counter market. Agreement details for the over the counter market. For comparison, see the ISO20022 official specification

classDiagram
   direction tb
%% Agreement2 recursion level 0 with max 1
class Agreement2{
    AgreementDetails IsoMax140Text
    AgreementIdentification IsoMax140Text
    AgreementDate IsoISODate
    BaseCurrency CurrencyCode
}
Agreement2 *-- "0..1" IAgreementFramework1Choice : AgreementFramework
%% IAgreementFramework1Choice recursion level 1 with max 1
  

Agreement2 members

TypeAndDetails building block

Indicates whether this is an initial or counter proposal. Indicates the type of proposal and if the proposal is for the variation margin and the segregated independent amount, or the segregated independent amount only. For comparison, see the ISO20022 official specification

classDiagram
   direction tb
%% Proposal3 recursion level 0 with max 1
class Proposal3{
    CollateralProposalType ProposalType1Code
}
Proposal3 *-- "1..1" ICollateralProposal3Choice : CollateralProposal
%% ICollateralProposal3Choice recursion level 1 with max 1
  

Proposal3 members

SupplementaryData building block

Additional information that cannot be captured in the structured elements and/or any other specific block. Additional information that can not be captured in the structured fields and/or any other specific block. For comparison, see the ISO20022 official specification

classDiagram
   direction tb
%% SupplementaryData1 recursion level 0 with max 1
class SupplementaryData1{
    PlaceAndName IsoMax350Text
}
SupplementaryData1 *-- "1..1" IsoSupplementaryDataEnvelope1 : Envelope
%% IsoSupplementaryDataEnvelope1 recursion level 1 with max 1
  

SupplementaryData1 members

Extensibility and generalization considerations

To facilitate generalized design patterns in the system, the CollateralProposalV03 implementation follows a specific implementaiton pattern. First of all, CollateralProposalV03 impleemnts IOuterRecord indicating it is the outermost logical part of the message definition. Like all message wrappers, CollateralProposalV03Document implements IOuterDocument. Because CollateralProposalV03 implements IOuterDocument, it is a suitable template parameter for IOuterDocument, and causes the internal ‘Message’ to be of type CollateralProposalV03.

classDiagram
    class IOuterRecord
    CollateralProposalV03 --|> IOuterRecord : Implements
    CollateralProposalV03Document --|> IOuterDocument~CollateralProposalV03~ : Implements
    class IOuterDocument~CollateralProposalV03~ {
        CollateralProposalV03 Message
     }
  

Document wrapper for serialization

The only real purpose CollateralProposalV03Document serves is to cause the document to be serialized into the ‘urn:iso:std:iso:20022:tech:xsd:colr.007.001.03’ namespace. Therefore, it will probably be the usual practice to build the message and construct this wrapper at the last minute using CollateralProposalV03.ToDocument() method. The returned CollateralProposalV03Document value will serialize correctly according to ISO 20022 standards.

classDiagram
    CollateralProposalV03Document *-- CollateralProposalV03 : Document
  

Sample of message format

This is an abbreviated version of what the message should look like.

<Document xmlns="urn:iso:std:iso:20022:tech:xsd:colr.007.001.03">
    <CollPrpsl>
        <TxId>
            <!-- TransactionIdentification inner content -->
        </TxId>
        <Oblgtn>
            <!-- Obligation inner content -->
        </Oblgtn>
        <Agrmt>
            <!-- Agreement inner content -->
        </Agrmt>
        <TpAndDtls>
            <!-- TypeAndDetails inner content -->
        </TpAndDtls>
        <SplmtryData>
            <!-- SupplementaryData inner content -->
        </SplmtryData>
    </CollPrpsl>
</Document>

Data from ISO specification

This is the technical data from the specification document.

<messageDefinition
  xmi:id="_cT1xEVnMEeSPgY23yCMQSQ"
  nextVersions="_ih0twYFrEeWtPe6Crjmeug"
  name="CollateralProposalV03"
  definition="Scope&#xD;&#xA;This message is sent by the collateral giver or its collateral manager to the collateral taker or its collateral manager, to propose the collateral to be delivered. This message is sent once the Margin Call is agreed or partially agreed and can be used for new collateral at the initiation of an exposure or for additional collateral for variation of an existing exposure. This message is used for both initial collateral proposal and subsequent counter proposals.&#xD;&#xA;&#xD;&#xA;The message definition is intended for use with the ISO20022 Business Application Header.&#xD;&#xA;&#xD;&#xA;Usage&#xD;&#xA;This message is sent once the Margin Call is agreed or partially agreed and can be used for new collateral at the initiation of an exposure or for additional collateral for variation of an existing exposure. The collateral proposal can include securities, cash and other types of collateral."
  registrationStatus="Registered"
  messageSet="_urpIICeJEeOCeO5e7islRQ"
  xmlTag="CollPrpsl"
  rootElement="Document"
  xmlns:xmi="http://www.omg.org/XMI">
  <messageBuildingBlock
    xmi:id="_cT1xE1nMEeSPgY23yCMQSQ"
    nextVersions="_ih0tw4FrEeWtPe6Crjmeug"
    name="TransactionIdentification"
    definition="Unambiguous identification of the transaction as know by the instructing party."
    registrationStatus="Provisionally Registered"
    maxOccurs="1"
    minOccurs="1"
    xmlTag="TxId"
    simpleType="_YW1tKdp-Ed-ak6NoX_4Aeg_1913463446" />
  <messageBuildingBlock
    xmi:id="_cT1xFVnMEeSPgY23yCMQSQ"
    nextVersions="_ih0txYFrEeWtPe6Crjmeug"
    name="Obligation"
    definition="Provides information like the identification of the party or parties associated with the collateral agreement, the exposure type and the valuation date."
    registrationStatus="Provisionally Registered"
    maxOccurs="1"
    minOccurs="1"
    xmlTag="Oblgtn"
    complexType="_cSBe4WNeEeSLD8nyfZcLzQ" />
  <messageBuildingBlock
    xmi:id="_cT1xF1nMEeSPgY23yCMQSQ"
    nextVersions="_ih0tx4FrEeWtPe6Crjmeug"
    name="Agreement"
    definition="Agreement details for the over the counter market."
    registrationStatus="Provisionally Registered"
    maxOccurs="1"
    minOccurs="0"
    xmlTag="Agrmt"
    complexType="_Un-Otdp-Ed-ak6NoX_4Aeg_-902133760" />
  <messageBuildingBlock
    xmi:id="_cT1xGVnMEeSPgY23yCMQSQ"
    nextVersions="_ih0tyYFrEeWtPe6Crjmeug"
    name="TypeAndDetails"
    definition="Indicates whether this is an initial or counter proposal."
    registrationStatus="Provisionally Registered"
    maxOccurs="1"
    minOccurs="1"
    xmlTag="TpAndDtls"
    complexType="_O7jq0V9-EeSMgPeFpRHeJw" />
  <messageBuildingBlock
    xmi:id="_cT1xG1nMEeSPgY23yCMQSQ"
    nextVersions="_ih0ty4FrEeWtPe6Crjmeug"
    name="SupplementaryData"
    definition="Additional information that cannot be captured in the structured elements and/or any other specific block."
    registrationStatus="Provisionally Registered"
    minOccurs="0"
    xmlTag="SplmtryData"
    complexType="_Qn0zC9p-Ed-ak6NoX_4Aeg_468227563" />
  <messageDefinitionIdentifier
    businessArea="colr"
    messageFunctionality="007"
    flavour="001"
    version="03" />
</messageDefinition>

ISO Building Blocks

The following items are used as building blocks to construct this message.