Minutes of the W3C Rights Automation Community Group 2021-04-28

Please find the minutes of today’s meeting at Market Data Rights Automation Teleconference – 28 April 2021 (w3.org)<https://www.w3.org/2021/04/28-md-odrl-profile-minutes.html> and pasted below.
Summary of action items

  1.  MarkB to send out a link to the various parts for people to pick up and review<https://www.w3.org/2021/04/28-md-odrl-profile-minutes.html#a01>
  2.  Ben and Caspar to catch up on identifiers and bring to next meeting<https://www.w3.org/2021/04/28-md-odrl-profile-minutes.html#a02>
  3.  Ben to call a meeting of interested parties about identity<https://www.w3.org/2021/04/28-md-odrl-profile-minutes.html#a03>

Summary of resolutions

  1.  Accept minutes of last meeting<https://www.w3.org/2021/04/28-md-odrl-profile-minutes.html#r01>

Market Data Rights Automation Teleconference
28 April 2021
[Agenda.]<https://w3c.github.io/market-data-odrl-profile/agendas/md-odrl-profile-agenda-2021-04-28.html> [IRC log.] <https://www.w3.org/2021/04/28-md-odrl-profile-irc>
Attendees
Present
adam, ali, andy_mather, Atiq, belen, ben, caspar, ilya, jeremy, jo, josh, laura, markb, marko, michelle, PaulK, trisha
Regrets
renato
Chair
jo
Scribe
joshuaCornejo
Contents

  1.  Admin<https://www.w3.org/2021/04/28-md-odrl-profile-minutes.html#t01>
  2.  FISD Update<https://www.w3.org/2021/04/28-md-odrl-profile-minutes.html#t02>
  3.  Timescales<https://www.w3.org/2021/04/28-md-odrl-profile-minutes.html#t03>
  4.  Editor Update<https://www.w3.org/2021/04/28-md-odrl-profile-minutes.html#t04>
  5.  AOB<https://www.w3.org/2021/04/28-md-odrl-profile-minutes.html#t05>
  6.  Summary of action items<https://www.w3.org/2021/04/28-md-odrl-profile-minutes.html#ActionSummary>
  7.  Summary of resolutions<https://www.w3.org/2021/04/28-md-odrl-profile-minutes.html#ResolutionSummary>

Meeting minutes

Jo: let's kick it off, good afternoon

Admin

<jo_> https://w3c.github.io/market-data-odrl-profile/agendas/md-odrl-profile-agenda-2021-04-28.html


<discussion about chat disabled>
… there were 3 actions

Resolution: Accept minutes of last meeting

FISD Update

Ben: we're confirmed for the 24th June, I've asked John Chappell and Alistair Kerr if they were up for a panel. They said yes - pending internal approvals
… I would like to get another panelist to make it more interesting
… and we would need a vendor, exchange or data provider to make it fuller. We will kick off with an overview of the standard, by FISD we will have a draft standard and some demos. That's the state of play with FISD at the moment
… I welcome some feedback and suggestions on that.

Jo: what Ben is saying that we will have a final public draft by FISD

Ben: yes

Jo: it is a good opportunity for anyone to make a comment

Timescales

Ben: I promised foolishly my co-chair that by the time of the next meeting I would check the standard, decorate it with some examples and invite members of the community group to comment.
… because by the time of our next meeting I hope it is in a state for development, rather than spelling mistakes.
… the target is to have a document published as a draft by the next meeting. So by the time FISD we have a public draft and we can invite the community for feedback.

Mark: is this different from the ask before? Is this about what's in/out or just analysis?

Ben: this is more about analysis
… it is more about the quality of the definitions

Mark: do we want to sign chunks or let everybody find their favourite parts?

Ilya: is there a summary of changes?

Ben: there is none, I'm afraid.
… I think people might look at the areas they are most interested and look if they work.

Jo: is everyone OK to put their name against sections?
… can we choose some major sections ?

Ben: the key ones are the supplier chain metamodel
… the next is the actions
… there is a section on constrains - very narrow and technical
… I would say those are the main ones

Mark: could break the metamodel into 2

Ben: we could even be more sophisticated than that
… <explains the further subdivisions>

Jo: so, lets see where we get to and how do we get onto the review on the next call

Mark: I'll send a link to the document and hopefully we can get some volunteers to review

Action: MarkB to send out a link to the various parts for people to pick up and review

Jo: what else do we have on timescales? Anyone has any questions?

Editor Update

Jo: ok let us move on

Ben: this will be quite short, which is a good sign that we are moving near the end of the work
… <shares screen>
… < discussion about :systemProvider as a new term >

<jo_> (lengthy discussion about identifier strategy)

<jo_> (whatever we do will be better than free text)

Action: Ben and Caspar to catch up on identifiers and bring to next meeting

Ben: I wanted to cover one other issue before we finish, it is kind of a vendor issue
… I think we're missing a concept

Action: Ben to call a meeting of interested parties about identity

Ben: <goes through examples>
… put the question more widely: are people comfortable with the terms and we can cover all the scenarios in which market data is licensed and billed ? Or are there any weird models this doesn't cover?

<jo_> (no need to add any elaboration as to administrator)

Laura: this is really comprehensive, I only wonder about "licensee"
… <goes through example>

Ben: <explains his interpretation of the contract>
… and it is a sign we're coming to the end of the first iteration

AOB

Ben: Michelle alerted me that ASX has a different licensing model, if anyone on the call it would be great if we could pick it up and discuss it on the next meeting

Mark: any specific use case

Michelle: there's some interesting divergencies from standard parties when you are creating a new original work. They could be a 3rd party or internally and then you have the licensor of the new original work (an index for example) that's a new license. It is a slightly different structure, might be a good example. Whether we have enough to validate that.

Ali: yes it seems like a hybrid/cross of some of the language that covers a service facilitator and vendor, the likes of Deutsche Borse or Euronext

Ben: OK
… we can pick it up in the next meeting

<jo_> thanks to josh for scribing

<jo_> --- meeting closed


---
This e-mail may contain confidential and/or privileged information. If you are not the intended recipient (or have received this e-mail in error) please notify the sender immediately and delete this e-mail. Any unauthorized copying, disclosure or distribution of the material in this e-mail is strictly forbidden.

Please refer to https://www.db.com/disclosures for additional EU corporate and regulatory disclosures and to http://www.db.com/unitedkingdom/content/privacy.htm for information about privacy.