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On novation proccess described on 3.3.8 numeral of FpML 4.5 specification, I understood there are 3 roles: transferor, transferee and remaining party for . This model was proposed for a Bilateral transaction; somebody has idea how could I adapt the novation messages for a CCP where the original transaction done between two parties A and B, after novation process will be two transaction first one between A and CCP and second one among B and CCP.
Thanks for replying. If original transaction was 100 between A (payer) and B (receiver); after novation process I would like to have two transaction on Central Counterparty Clearinghouse (CCP) both of them 100; the first between A (Payer) and CCP (receiver) the second between B (Receiver) and CCP (Payer).
