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Julie Pike
+1-781-444 0404  

OMG Adopts Software and Financial Standards at Austin, Texas Meeting
Also hosts various public informational events during meeting week

Needham, MA - 10-20-14 - The Object Management Group® (OMG®) held its quarterly technical meeting at the Sheraton at the Capitol in Austin, Texas from Sept. 15-19.

The OMG Board of Directors voted to adopt two new standards:

  • Implementation Patterns Metamodel for Software Systems -- Defines a common standard for the definition and description of patterns as used in architecting, designing, and implementing software systems, working software faults or security issues, and any situation where a pattern is appropriately applied. 
  • Financial Instrument Global Identifier -- Supporting multiple identifier methodologies can make data management and integration more costly and redundant in the securities industry. FIGI removes this obstacle by specifying the structure and semantics of Global Identifiers, how they are constructed and validated, and their relationship wit other financial information. 

To view these and other OMG specifications, visit

During the week, the consortium held informational events for the public:

  • Business Architecture Innovation Workshop (co-hosted by the Business Architecture Guild and sponsored by Troux)
  • Preparing for the Post-IaaS Phase of Cloud Adoption (hosted by the Cloud Standards Customer Council)
  • Measuring and Managing Software Risk, Security, and Technical Debt (hosted by the Consortium for IT Software Quality)
  • Software Defined Network Summit: Challenges, Opportunities and Outlook
  • The Model-Driven Enterprise: Realizing the Business Benefits of OMG Standards (sponsored by No Magic)

Presentations from all events can be found on the separate events' agendas at

OMG members will next meet in Long Beach, California on Dec. 8-12. The meeting will take place at the Hyatt Regency. Learn more at

About OMG 
Celebrating its 25th anniversary in 2014, the Object Management Group® (OMG®) is an international, open membership, not-for-profit technology standards consortium. OMG Task Forces develop enterprise integration standards for a wide range of technologies and an even wider range of industries. OMG's modeling standards enable powerful visual design, execution and maintenance of software and other processes. Visit for more information.

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