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Workshop & Information Day on Semantics
From Research to Reality: Implementing the Semantic Web

Tuesday - Wednesday, March 19-20, 2013

Event Co-chairs: Elisa Kendall, Thematix Partners LLC and Ken Rubin, HP

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Tuesday, March 19, 2013
TRACK 1 MORNING TUTORIAL: General - Ontology and Rules Development in the Context of OMG Standards
0900 - 1200 Ontology Engineering in UML
Elisa Kendall, Thematix Partners LLC
Over the last several years there has been increasing commercial interest in applying semantic technologies, particularly for enriched search and navigation, search engine optimization, business intelligence, and social networking applications. We've seen a tremendous increase in activity at OMG in particular, through the number and nature of emerging standards for domain vocabularies and ontologies - for uses ranging from identification of systemic risk in finance, to policy vocabularies for information exchange in the C4I community. That said, the need for ontology engineering methodologies to integrate semantics into broader, mainstream enterprise environments, and tools to support doing so, has never been greater.

This tutorial provides a great introduction for those who are just beginning to "get their feet wet" in the field. It provides an overview of the knowledge representation landscape and attempts to de-mystify some of the 'black art' of ontology development. There are a number of approaches to ontology engineering, but the focus of the tutorial will be on foundational background in knowledge representation and conceptual modeling, and on critical concerns for ontology development and evolution. Some of these include namespace management and naming conventions, formal definition development and governance policies, metadata and annotations for documentation, provenance, and explanation support, design considerations, change management, and evaluation. Examples from financial services, travel, event planning, and software engineering will be used to explore ontology development in UML, using the Ontology Definition Metamodel (ODM), the Web Ontology Language (OWL), and the Visual Ontology Modeler plug-in for MagicDraw.

TRACK 2 MORNING TUTORIAL: Using OMG Standards for Information Exchange
0900 - 1200 The Information Exchange Policy Vocabulary (IEPV)
Michael Abramson, Advanced Systems Management Group Ltd. 
The Information Exchange Policy Vocabulary (IEPV) represents a series of OMG vocabulary specifications targeting a policy-driven solution to information sharing and safeguarding and enable the trusted exchange sensitive (private, confidential and classified) information across organizational boundaries. The Information Exchange Packaging Policy Vocabulary (IEPPV) is the first in this series. The IEPPV targets the preparation or packaging information semantics (messages) conforming to specific content defined by information sharing agreements and institutional policies (e.g., Privacy and Security). The IEPPV provides both OWL and UML representations of the vocabulary. The UML profile provides enables a Model Driven Architecture (MDA) platform that transforms models into executable instructions that can be automated at runtime. This form of policy automation has the potential to reduce the development cycle (eliminate programming) while increasing the flexibility, agility, supportability and maintainability of information sharing solutions. This tutorial will walk the participants through the concepts underpinning the IEPV and its enabling software services.
1000 - 1030 Morning Refreshments
1200 - 1300 Lunch Break
TRACK 1 AFTERNOON TUTORIAL: General-Ontology and Rules Development in Context of OMG Standards
1300 - 1700 Using DROOLS: an OMG Standards-Based Knowledge Integration Environment PART 1  PART 2
Davide Sottara, Arizona State University
DROOLS/jBPM is evolving from a RETE-based production rule engine into a fully open source, modular "Knowledge Integration Environment". It promotes the notion of hybrid knowledge bases, where different resources can be deployed and integrated: in doing so, it facilitates the creation and provides a runtime execution platform for knowledge-intensive systems. While, at its core, the platform is the combination of a rule and a process engine, it also provides native support for complex event processing and meta-heuristic optimization. On top of this, additional capabilities including fuzzy logic, predictive models and semantic reasoning are being experimentally implemented.

This 2-part tutorial will provide an overview of the platform's capabilities. The first part will be focused on architectural and design principles: it will stress the role of standards such as RuleML, BPMN(2), PMML and OWL in sharing and integrating knowledge. Moreover, it will discuss the opportunity for the standardization of the public APIs, aligning well with the OMG's API4KB initiative. The second half of the tutorial will be dedicated to practical examples, with use cases coming from the clinical, environmental and social networking domains.

TRACK 2 AFTERNOON TUTORIAL: Using OMG Standards for Financial Services
1300 - 1700 Adopting FIBO Standards and Semantic Web Technologies
Sean Martin, CTO, Cambridge Semantics
Marty Loughlin, VP Financial Services, Cambridge Semantics
Ben Szekely, Founding Engineer, Cambridge Semantics

Financial institutions are adopting FIBO standards and Semantic Web technologies to address their data standardization, analytics and risk management needs. This tutorial will explain why and how financial institution are adopting these semantic standards & technologies through illustrative use cases that show applicability of semantics in both IT data governance and operationalized business contexts. The tutorial will discuss the relationship between OMG semantic standards and Semantic Web technologies, the Financial Industry Business Ontology (FIBO) and what it means to operationalize FIBO, and will include more detailed looks at use cases including:

  • Entity Management: Financial institutions are looking to improve their risk management and lower their capital reserve requirements via better entity management. Our solution creates a "Smart Data" layer over various systems that allows end-users to visually navigate, analyze & validate the hierarchy and web of relationships among various business entities. The solution allows integration of external data sources and analysis & validation with the external data. The solution is based on FIBO and LEI standards.
  • Insider Trading Investigation & Surveillance. Increased regulation and insider trading incidents are requiring better approaches for insider trading investigation and surveillance. Our solution provides a new paradigm of forensics-driven investigation & surveillance to allow non-technical analysts and investigators to discover and pursue potential cases of insider trading. Using Semantic Web technology, end users assert rules, ask questions and define & evolve analytics at run time as new data or insights become available.

Wednesday, March 20, 2013

0845 - 0900 Welcome & Introduction to OMG
Dr. Richard Soley, Chairman and Chief Executive Officer
0900 - 1000 Keynote: The Importance of Standards & Semantics Across the Corporate Landscape
Ron Bechtold, Office of the Secretary of Defense, Chief Information Officer (OSD CIO)
1000 - 1030 Morning Refreshments
1030 - 1100 Keynote: Bloomberg Open Symbology Opens the Possibilities
Corby Dear, Project Manager, Bloomberg
Proprietary trading environments may have worked well in the past, but they're a remnant of a time when data systems operated largely as islands that didn't have to work with other systems. Today we work in a different world. Markets, customers and governments demand greater connectivity, transparency and efficiency. The openness of Internet-based systems has profoundly altered the way businesses - and individuals - collect, manage, and share information. Thus, in addition to new regulations that demand clarity and accountability, the move to open symbology - a common set of symbols we can all use and understand - is driven by growing investor and institutional demands.

In the industry today, a number of different financial instrument symbologies exist, each with its own coverage, advantages and disadvantages. The most widely used identifiers are have their own commercial terms that restrict usage.

Bloomberg Open Symbology (BSYM) has made its symbols openly available at no charge, with no material impediments on redistribution. At the forefront of this initiative is our global security identifier, the Bloomberg Global ID (BBGID).

The goal of Open Symbology and BBGID is to create transparency in financial markets, reduce data management costs and promote efficient integration. Users will be able to leverage the identifier for a variety of functions including mapping, facilitating settlement, and clearing.

1100 - 1130 Linked Data, Semantics, and Standards in Scientific Applications
Dr. Deborah McGuinness, Tetherless World Constellation Chair, Rensselaer Polytechnic Institute (RPI)
1130 - 1200 The Road to Semantic Interoperability -- The Path Not (Often) Taken
 Ken Rubin, Chief Architect, Federal Health Portfolio, HP Enterprise Services
The path to semantic interoperability is all but clear. Within the confines of any given institution, investments are often situation-by-situation based upon business need and the systems used reflect that. Data within those systems varies in representation, in format, and in meaning. Moreover, even when the gaps across information are understood, the dearth of solutions and tools that allow us to bridge them can be daunting. Using healthcare as a backdrop, this session will explore in business terms the role of enterprise architecture, data representation, terminology, and standards that each play a role in structuring, sharing, and establishing solutions en route to a semantically-connected enterprise.
1200 - 1330 Lunch Break

What's Working Today and Where We Need to Go with Standards in Semantics for 
Healthcare, Financial Services, and Government Applications

Co-chairs: Dennis Wisnosky, EDM Council and Harsh Sharma, Citi
1330 - 1335 Session Goals and Agenda Review
Dennis Wisnosky, EDM Council and Dr. Harsh W. Sharma, Citi, OMG Finance Task Force Co-Chair
1335 - 1410 The Business Case for FIBO: OMG's Emerging Financial Industry Business Ontology
Dennis Wisnosky, EDM Council
The Business Case for FIBO: how semantics can help us address some of the most pressing issues in the financial services industry today. In this talk Dennis will outline some of the most difficult problems related to monitoring and managing agreements across institutions, including those that led to the meltdown of 2008, and how the Financial Industry Business Ontology (FIBO) can help address them.
1410 - 1445 The Semantic Interoperability Problem: Business Impact and Technical Solutions
David Frankel, David Frankel Consulting
Semantic interoperability of data is the ability of multiple parties to coordinate their functioning based on a shared understanding of the data that flows among them. This session will cover the following related topics:
  • The business impact of the lack of semantic interoperability in industry
  • The current state of the art in data integration
  • New techniques for improving semantic interoperability, leveraging ISO 11179, UN/CEFACT and Semantic Web standards
  • How the new techniques are being incorporated into key finance and business reporting standards to which the speaker has been a major contributor, including BIAN, XBRL, and ISO 20022
  • The synergy between the new techniques and initiatives to build semantic vocabularies and ontologies such as FIBO
  • Preliminary thoughts on the synergy between these new techniques and the drive to establish standardized Legal Entity Identifiers (LEIs)
1445 - 1515 Case Study: Automation of Mortgage Regulatory Semantics
Janet Eakes, Business Owner, Financial Services, Sapiens Americas and Larry Goldberg, Knowledge Partners International, LLC
A paramount challenge of the Mortgage Industry is to convert typically natural language texts into unambiguous executable code and data exchange conventions. The case study presented by Janet Eakes and Larry Goldberg illustrates how a major investor was able to incorporate the two data standards for the Secondary Mortgage Market that were developed by the Mortgage Industry Standards Maintenance Organization (MISMO) for Loan Delivery and Loan Product and Pricing. The presenters will highlight which significant data exchange efficiencies for mortgage stakeholders were achieved, it will provide an update on discussions how this solution can help with mapping of MISMO to FIBO and close with summarizing plans to use semantic web standards and technologies for machine learning and inference of mortgage regulatory directives.
1515 - 1530 Afternoon Refreshment Break
1530 - 1630 Business Use Case and Demonstration of FIBO Operational Ontology
David Newman, Wells Fargo
1630 - 1700 Roundtable Discussion
Dennis Wisnosky, EDM Council and Dr. Harsh W. Sharma, Citi, OMG Finance Task Force Co-Chair
Discussion will focus on:
  • What other areas OMG members and partners should focus to demonstrate business value of standardized financial business data semantics?
  • What role regulators can play to drive the prioritization of financial data standards and data innovation in financial industry?
  • How can financial services transition from 'Big Data to SMART Data' to derive better business value from data assets?
  • What are the relative roles of CIO's, CTO's, CRO's, CDO's in the future data standards such as FIBO?
  • What roles do these CXO's play in communicating and promoting value of semantics to C-level business and IT leaders?
  • What are some of the most vexing technical problems that may stand in the way of innovations such as FIBO?
Co-chairs: Ken Rubin, Chief Architect, Federal Health Portfolio, HP Enterprise Services
Dr. Deborah McGuinness, Tetherless World Constellation Chair, Rensselaer Polytechnic Institute (RPI)

1330 - 1345 Session Goals and Agenda Review
Ken Rubin, Chief Architect, Federal Health Portfolio, HP Enterprise Services
Dr. Deborah McGuinness, Tetherless World Constellation Chair, Rensselaer Polytechnic Institute (RPI)

1345 - 1415 Interoperability and Semantics in Use
Ian Fore, D.Phil. NCI Center for Biomedical Informatics and Information Technology
1415 - 1445 The Power of Linked Data for Government and Healthcare Information Integration
Bernadette Hyland, 3 Round Stones, and co-chair, W3C Government Linked Data Working Group
The flexible, unstructured nature of the Web is being extended to act as a global database of structured data. Linked Data is a standards-driven model for representing structured data on the Web that gives developers, publishers, and information architects a consistent, predictable way to publish, merge and consume data. Linked Data has been adopted by many well-known institutions, including Google, Facebook, IBM, EMC, Oracle and US HHS, US EPA, as well as popular Open Source projects such as Drupal.

Bernadette will describe how Linked Data is being used by Sentara Healthcare to combine authoritative open government data with user entered information to provide personalized guidance for patients suffering from asthma, COPD, diabetes and heart disease.

1445 - 1515 Afternoon Refreshment Break
1515 - 1600 Evidence and Consensus-based Standards for he Structure and Content of Medical Records
Professor Iain Carpenter, Associate Director, Health Informatics Unit, Royal College of Physicians, London and Emeritus Professor (Human aging), Centre for Health Services Studies, University of Kent, Canterbury
Doctors learn to write medical notes by apprenticeship rather than from standard research and academic texts. The consequent variation in structure presents an immense challenge for developing fully interoperable electronic health records. The Health Informatics Unit at the Royal College of Physicians has led a project which has delivered evidence and consensus based standards for the structure and content of medical records. These standards provide essential context for clinical data items so that meaning can be reliably preserved when transmitting clinical information between information systems. The UK Professional Record Standards Body for health and social care will broaden the development and implementation of record standards that support the clinical and patient care requirements of different clinical disciplines.
1600 - 1700 Roundtable Discussion
Ken Rubin, Chief Architect, Federal Health Portfolio, HP Enterprise Services
Dr. Deborah McGuinness, Tetherless World Constellation Chair, Rensselaer Polytechnic Institute (RPI)

Co-chairs: John Butler, Everware CBDI and Cory Casanave, Model Driven Solutions
1330 - 1335 Session Goals and Agenda Review
John Butler, Everware CBDI and Cory Casanave, Model Driven Solutions
1335 - 1405 Policy Automation for Information Sharing and Safeguarding (Privacy)
Michael Abramson, Advanced Systems Management Group Ltd. and Patricia Hammar, PKH Enterprises, LLC
Michael Abramson will describe how the use of rigorously defined policies, based on the Information Exchange Policy Vocabulary (IEF/IEPV) can facilitate information sharing among emergency services, law enforcement, coalition forces, and other communities.
1405 - 1435 Taming Semantic Demons Lurking in Military Testing and Training Events
David Hanz and Reginald Ford, SRI International
David Hanz and Reg Ford will describe the challenges involved in bringing disparate systems together to create suitably complex environments to support training and testing, while avoiding pernicious anomalies that can invalidate test results or reinforce incorrect trainee behavior. They will discuss successes they've had to date in using semantic-rich descriptions of Tasks and Resources to synthesize improvised confederations of legacy platforms that can be expected to "play nicely" together and the application of this approach to a broad range of similar problems. Their talk will also include discussion of OMG's Ontology Definition Metamodel (ODM), W3C standards, rule languages, and areas where progress is needed before large scale deployment will be practical.
1435 - 1515 Requirements and Standards to Support Training in the 21st Century
Frank C. DiGiovanni, SES, Director, Training Readiness and Strategy, Office of the Deputy Assistant Secretary of Defense
1515 - 1530 Afternoon Refreshment Break
1530 - 1600 National Security through Responsible Information Sharing
Kshemendra Paul, Program Manager, Information Sharing Environment, US Government
1600 - 1700 Roundtable Discussion
John Butler, Everware CBDI and Cory Casanave, Model Driven Solutions
Elisa Kendall, Thematix Partners LLC and Ken Rubin, HP
Panel discussion lead by keynote/session leaders to summarize workshop results.

NOTE: If you register for the Technical Meeting Week, you do not have to pay the additional fee(s) to attend any or all of the special events.  If you register only for special events, the special fees apply.

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