Product Data

From Open Risk Manual
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Definition

Product Data denotes any information that pertains to the lifetime of Financial Products (such as terms and conditions, agreed variables and schedules) both static documented information and dynamic information such as actual cashflows.

In the context of a Credit Network model it represents the set of abstractions that describe credit contracts between network participants (legal entities) which establish the precise nature of debt relationships with other network members.

NB: Other names in various contexts are credit or loan data

Data Structure

The cumulative representation of Product Data is sometimes denoted a Loan Tape. Besides the data providing a Debtor Representation, one can further decompose into

Product Information

  • TBD

Collateral Information

  • TBD

Data Structure

The Product Data collection is an abstract population of N distinct references.