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OMG to Launch Data Residency Working Group

By   /  April 24, 2015  /  Data Daily | Data News, Data Education, Enterprise Information Management, Information Management News  /  No Comments

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by Angela Guess A recent article out of the company reports, “The Object Management Group® (OMG®) today announced the first meeting of its Data Residency Working Group will be held on Tuesday, June 16th during the OMG Technical Meeting in Berlin, Germany. As cloud computing becomes an indispensable business tool, cloud users and providers are […]

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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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Following Up on FIBO At SemTechBiz

By   /  October 11, 2013  /  Conference and Webinar Communities, Data Conference Communities - Learn, Share, Review, Data Education, Smart Data Conference Community, Smart Data News, Articles, & Education  /  No Comments

The Financial Industry Business Ontology (FIBO) was a main topic of interest at last week’s Semantic Technology & Business Conference – which took place in New York City, the capital of the financial services industry. FIBO, as The Semantic Web Blog has previously discussed, is both a business conceptual ontology and an operational ontology delivered […]

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SemTechBiz Puts Spotlight On Financial Industry Business Ontology

By   /  April 26, 2013  /  Data Education, Smart Data News, Articles, & Education  /  No Comments

The financial services industry is taking to semantic tech in an important way, and that’s in the form of the Financial Industry Business Ontology (FIBO), which aims to standardize the language used to precisely define the terms, conditions, and characteristics of financial instruments; the legal and relationship structure of business entities; the content and time […]

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Dennis Wisnosky Will Lead FIBO Standards Forward

By   /  February 12, 2013  /  Data Education, Smart Data News, Articles, & Education  /  No Comments

Dennis Wisnosky is on-board to lead the standards implementation process for FIBO, the Financial Industry Business Ontology that is a joint effort of The Enterprise Data Management Council in conjunction with the Object Management Group. The data management standards can be used by financial institutions and industry regulators to support conformance to federal regulatory reporting requirements […]

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“From Research to Reality: Implementing the Semantic Web”: OMG hosts a Workshop and Information Day on Semantics

By   /  February 1, 2013  /  Data Daily | Data News, Data Education, Smart Data News, Smart Data News, Articles, & Education  /  No Comments

[Editor’s Note: SemanticWeb.com has secured a discount with OMG for the event outlined in the release below. SemanticWeb.com readers can receive a 15% discount when registering for the Semantic Information Day by entering the discount code: SEVA1 .] The Object Management Group (OMG®) will be holding a Workshop and Information Day on Semantics at its […]

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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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