BaselineReSubmissionV05 (BaselnReSubmissn)

Scope

The BaselineReSubmission message is sent by either the counterparty or the initiator of a transaction (baseline) to the matching application. This message is used by the counterparty to respond on the registration of a push-through transaction in the matching application or by the initiator or counterparty to re-send earlier mis-matched baseline information.

Usage

The BaselineReSubmission message can be sent by the counterparty of a transaction to the matching application in response to a FullPushThroughReport message received from the matching application conveying the details of an InitialBaselineSubmission message. The objective of the BaselineReSubmission message sent in the outlined scenario is to achieve a successful match of two baseline initiation messages in order to establish a transaction in the matching application. or The BaselineReSubmission message can be sent by the initiator of a transaction to the matching application in response to a BaselineMatchReport message indicating mis-matches. The objective of the BaselineReSubmission message sent in the outlined scenario is to correct an InitialBaselineSubmission or BaselineReSubmission message submitted earlier in order to achieve the establishment of a transaction in the matching application. or The BaselineReSubmission message can be sent by the counterparty of a transaction to the matching application in response to a BaselineMatchReport message indicating mis-matches. The objective of the BaselineReSubmission message sent in the outlined scenario is to correct a BaselineReSubmission message submitted earlier in order to achieve the establishment of a transaction in the matching application.

Outline

The BaselineReSubmissionV05 MessageDefinition is composed of 8 MessageBuildingBlocks:

Submission Identification — Identifies the submitted information
Transaction Identification — Unique identification assigned by the matching application to the transaction. This identification is to be used in any communication between the parties.
Submitter Transaction Reference — Reference to the transaction for the requesting financial institution.
Baseline — Specifies the commercial details of the underlying transaction.
Buyer Contact Person — Person to be contacted in the organisation of the buyer.
Seller Contact Person — Person to be contacted in the organisation of the seller.
Bank Contact Person — Person to be contacted in the seller's bank or buyer's bank.
Other Bank Contact Person — Person to be contacted in another bank than the seller or buyer's bank.