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Financial Industry Business Ontology (FIBO)

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What is FIBO?

A joint effort by OMG and the Enterprise Data Management (EDM) Council, the Financial Industry Business Ontology (FIBO) is an industry initiative to define financial industry terms, definitions and synonyms using semantic web principles such as RDF/OWL and widely adopted OMG modeling standards such as UML. FIBO will contribute to transparency in the global financial system, aid industry firms in providing a cost-effective means for integrating disparate technical systems and message formats, and aid in regulatory reporting by providing clear and unambiguous meaning of data from authoritative sources

FIBO News - July 7, 2014

During the June 2014 OMG meeting, the Financial Industry Domain Task Force unanimously voted to submit FIBO Indices and Indicators (FIBO-IND) to the Architecture Board to be voted on as the first step in the OMG standards ratification process. FIBO-IND joins FIBO Foundations and FIBO Business Entities in the OMG process. Discover what else happened during the most recent Task Force meeting here

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Hit CounterLast updated on 07/07/2014

 

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