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EDM Council Partners with Cambridge Semantics to Operationalize FIBO

By   /  June 25, 2015  /  Data Daily | Data News, Data Education, Smart Data News, Smart Data News, Articles, & Education  /  No Comments

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by Angela Guess According to a new article out of the company, “Cambridge Semantics, the leading provider of smart data solutions driven by Semantic Web technology, today announced that the Enterprise Data Management Council (EDM Council) has partnered with the company to support deployment of the Financial Industry Business Ontology (FIBO) initiative. Founded by the […]

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What’s Next In Knowledge-Driven Finance?

By   /  October 22, 2014  /  Data Education, Smart Data News, Articles, & Education  /  No Comments

by Jennifer Zaino Next week in the U. K. members of the financial industry will be coming together at The Universal Strategy: Knowledge-Driven Finance Event, hosted by semantic technology vendor Ontotext. The event, says independent consultant in semantics and event organizer Jarred McGinnis, is aimed at giving participants “a snout to tail view of semantics […]

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The Office of Financial Research To Look Hard At FIBO For Financial Instrument Reference Database

By   /  March 4, 2014  /  Data Education, Smart Data News, Articles, & Education  /  No Comments

by Jennifer Zaino Ontologies are getting a thumbs up to serve as the basis for the Office of Financial Research’s Instruments database. Last week, the Data & Technology Subcommittee of the OFR Financial Research Advisory Committee (FRAC) recommended that the OFR “adopt the goal of developing and validating a comprehensive ontology for financial instruments as […]

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FIBO Summit Opening Remarks by EDMC Managing Director Mike Atkin

By   /  June 12, 2013  /  Uncategorized  /  No Comments

[Editor’s Note: As our own Jennifer Zaino recently reported, the Enterprise Data Management (EDM) Council, a not-for-profit trade association dedicated to addressing the practical business strategies and technical implementation realities of enterprise data management held a two day FIBO Technology Summit in conjunction with MediaBistro’s Semantic Technology & Business (SemTechBiz) Conference, June 7th and 8th […]

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Financial Services Industry Sees Operational Value in FIBO

By   /  April 23, 2012  /  Big Data Conferences, Big Data News, Articles, & Education, Data Blogs | Information From Enterprise Leaders, Data Education, Enterprise Information Management, Smart Data Conferences, Smart Data News, Articles, & Education  /  No Comments

Back in March, The Semantic Web Blog wrote an article about FIBO, the Financial Industry Business Ontology that’s on its way to being an Object Management Group series of standards. There, we explored its value as an open semantic standard that can be used by financial institutions and industry regulators, both to support conformance to […]

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Financial Services Industry Sets Realistic Expectations for Data Challenges

By   /  March 16, 2012  /  Data Blogs | Information From Enterprise Leaders, Data Education, Enterprise Information Management  /  No Comments

Thinking about this past week’s Demystifying Financial Services Semantics conference in NYC, hosted by OMG and The EDM Council, and messages that kept coming across: Think about the business issues first, and be realistic in the way your particular organization can accommodate them – semantic technology may be a large, limited or perhaps even non-existent […]

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FIBO, FIBO, It's Off To A Financial Industry Business Ontology We Go

By   /  March 14, 2012  /  Data Blogs | Information From Enterprise Leaders, Data Education, Enterprise Information Management, Smart Data News, Articles, & Education  /  No Comments

  Credit default swaps. Collateralized debt obligations. Moral hazards. The average person might find the financial services sector and its language as mystifying as some of those involved in the industry might find semantic technology. An event hosted by OMG and the EDM Council in New York City yesterday was aimed at demystifying the latter […]

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