7. The method of claim 1 further comprising: receiving, at the network management computer, a second SNMP notification comprising a second columnar varbind that includes a second plurality of varbind indices and corresponding index values; using the event processing logic at the network management computer, decoding one or more second varbind indices, from the second plurality of varbind indices and corresponding index values, into corresponding one or more second index textual names based on the compiled MIB data; using the event processing logic, comparing correlation variables in event correlation rule data with the one or more index textual names and with the one or more second index textual names; using the event processing logic, based on comparing the correlation variables in the event correlation rule data with the one or more index textual names and with the one or more second index textual names, retrieving particular event correlation rule data; using the event processing logic, based on the varbind index value from the SNMP notification and a second varbind index value, from the second columnar varbind of the second SNMP notification, corresponding to a second varbind index, of the one or more second varbind indices, which corresponds to the second index textual name, determining that the SNMP notification is correlated with the second SNMP notification.
7. The method of claim 1 further comprising: receiving, at the network management computer, a second SNMP notification comprising a second columnar varbind that includes a second plurality of varbind indices and corresponding index values; using the event processing logic at the network management computer, decoding one or more second varbind indices, from the second plurality of varbind indices and corresponding index values, into corresponding one or more second index textual names based on the compiled MIB data; using the event processing logic, comparing correlation variables in event correlation rule data with the one or more index textual names and with the one or more second index textual names; using the event processing logic, based on comparing the correlation variables in the event correlation rule data with the one or more index textual names and with the one or more second index textual names, retrieving particular event correlation rule data; using the event processing logic, based on the varbind index value from the SNMP notification and a second varbind index value, from the second columnar varbind of the second SNMP notification, corresponding to a second varbind index, of the one or more second varbind indices, which corresponds to the second index textual name, determining that the SNMP notification is correlated with the second SNMP notification. 10. The method of claim 7 wherein the event correlation rule data is stored in a Network Management System (NMS) configuration file.