FIBO Foundations Content Team Mike Bennett EDM Council
FIBO™ Foundations Content Team Mike Bennett EDM Council ● March 29, 2016 Confidential
Agenda 1) 2) 3) 4) 5) 6) Confidential Open up the wiki with the currents weeks content Use Case reminder. Where are we on our road map. This weeks agenda. Go to JIRA. The days content discussion EDM-Council/FIBO Foundations Content Team 2
FIBO™ Foundations Content Team Leaders name: Mike Bennett Title: Head of Semantics and Standards Organization: EDM Council The Team: Dennis. Pierson@mphasis. com, dave. mccomb@semanticarts. com, e. abilahoud@ucc. ie, Dmitry_Bogachev@otpp. com, abcoates@contakt. org, uschold@semanticarts. com, mtempler@gmail. com, Harsh. Sharma 1@ge. com, marina. severinovskaya@citi. com, Kevin. Tyson@jpmorgan. com, jacobus. geluk@bnymellon. com, dallemang@workingontologist. com, igor_ikonnikov@manulife. com, ljb@tahoeblue. com, bobbin@nomagic. com, koethe@88 solutions. com, James. phare@datatovalue. co. uk, nigel. higgs@datatovalue. co. uk, Kieran. Mc. Keown@hsbc. com, Malcolm. HYDE@uk. bnpparibas. com, Maxwell. Gillmore@anz. com, ian. maung@citi. com, david@dfrankelconsulting. com, jgemski@thegoldensource. com, William. Nichols@treasury. gov, david_wynter@yahoo. com, nehmer@oakland. edu, saharajib 2001@yahoo. com, JLuciano@gmail. com, garethjisaac@gmail. com, christofr. hasse@ubs. com, stephen. j. creek@citi. com, email@jamesodell. com, mccarthy@bus. msu. edu, wim. laurier@ugent. be, eric. e. cohen@us. pwc. com, aldrich. wright@citigroup. com, aldrichwright@hotmail. com, andrea. engelstad@semanticarts. com, skcreek@gmail. com, stephen. j. creek@citi. com, DMBlaszkowsky@State. Street. com, akeen@keenassoc. com, david. vunkannon@treasury. gov , maxwellrgillmore@gmail. com, teegs@earthlink. net, martin. east@credit-suisse. com, steven. n. scott@citi. com, Toby. Berla@fmr. com, jlogan@nomagic. com, ch. hasse@gmail. com, szymon. klarman@datatovalue. co. uk, rene. pietzsch@eccenca. com Confidential 3/11/2021 EDM-Council/FIBO Foundations Content Team
Wiki • https: //wiki. edmcouncil. org/display/FND/ FCT-FND Confidential EDM-Council/FIBO Foundations Content Team 4
Use Case: FCTs Support • Each FCT needs to identify abstractions they need – Some exist in Green FND – Some are work for us to do • FCT use Cases - Wiki page – https: //wiki. edmcouncil. org/display/FND/FI BO+Content+Team+Requirements+for+Fo undations • How / when to turn these into JIRA issues Confidential EDM-Council/FIBO Foundations Content Team 5
Non OMG FIBO Key Po. C Legacy Refactoring/ testing 2015 Q 2 Public review OMG finalization OMG Spec 2016 Q 3 Q 1 Q 4 OMG Revision TF (RTF) also for FBC FIBOFND FTF 2 Legal Persons, LEI Entities; Beta 2 Ownership and Control Q 3 Q 2 Q 4 RTF 2 For Loans, FIBOFND vn Sec, Der ? ? ? FIBO-BE Final FIBO-BE v 2: Government, Jurisdiction Indices & FTF 2 Incorporate Indicators Beta 2 concepts in FBC Financial Business and Commerce Final RFC Securities and Equities Loans Common FIBOBE 2 FTF RFC Final RFC Dry Run Derivatives Po. C IR Swaps RFC Final Derivatives By Contract type; by underlying asset type RFC SKOS FIBO schema. org Confidential Other FIBO Components FIBO Market Data, CAE, Risk/Reporting FIBO Market Data, CAE, 6 Risk/Reporting FIBO Market Data, CAE, Risk/Reporting 6
Use Cases: Red v Pink Lattice Platonic REA Relatives ext/snap etc. System. ML (QUDT) Quantities Units. And. Measures Measurement. Types Monetary. Measures Quantities. And. Units Currency. Amount Confidential EDM-Council/FIBO Foundations Content Team 7
FCTs Support • Business Entities – What next? • FBC – Review comments to be implemented against March baseline: Quantities, Payments, Schedules • IND – What next? Contracts / terms • Loans – See web link (later) – plus new page • Securities / Equity / Debt – Contract and Contract Terms. Confidential EDM-Council/FIBO Foundations Content Team 8
FBC Support • JIRA issue(s) have been raised against the FBC submission material for FND – Payment Obligation etc. • Baseline implemented (FND 1. 1) • JIRA Issue Resolution(s) to be worked on from now – Some issues spotted during review of OMG FIBOFND 11 -20 (Rates and Prices) Confidential EDM-Council/FIBO Foundations Content Team 9
Loans Support • See – https: //wiki. edmcouncil. org/display/LOAN/Recomm ended+Additions+to+Existing+FIBO+Ontologies – New feedback page • Loan Content slides at: – https: //wiki. edmcouncil. org/display/LOAN/Draft+Ov erview+of+Key+Loan+Concepts? preview=/255660 8/2556634/Loan%20 Concepts%20 Integrated. MU. pptx – Also have a mapping document for HMDA support – Lynn will share with the group on a future call Confidential EDM-Council/FIBO Foundations Content Team 10
Use Case: Red FIBO Anti-patterns • This is covered under Foundations although it embraces all Domains in FIBO – Corrections of OWL misuses and shortcuts – Addition of simple Restrictions • Overview of the ongoing plan for Antipatterns • Alignment (March / April) – and namespace considerations Confidential EDM-Council/FIBO Foundations Content Team 11
Anti-patterns Plan • • Confidential Numbers refer to numbered anti-patterns in spreadsheet See https: //wiki. edmcouncil. org/display/FND/Anti. Patterns+for+FIBO-V EDM-Council/FIBO Foundations Content Team 12
Anti-patterns Status • • • “All” OWL file created Catalog received and adapted Definitive Adaptive OWL received EA now retired (v 4. 0. 10) CCM ingestion tested – Some initial teething problems now addressed • CCM based work in progress! Confidential EDM-Council/FIBO Foundations Content Team 13
Where are we on our roadmap? • Quantities and Units – Conceptual work done – In CCM – To be included in Red FIBO • Continuants and Occurrents – Conceptual work done – Was in EA so – In red FIBO • Transactions – – • All in RED FIBO Content to be introduced piecemeal as required See JIRA issue on FBC inconsistencies with this Next: Equity and Debt as Claims Ownership and Control – Abstractions (Social Constructs) done – In Red FIBO – Control and Ownership alignment with these TBD Confidential EDM-Council/FIBO Foundations Content Team 14
This Week’s Agenda • JIRA Issues – Triage – Example: work on Physical Address and Postal Address, v PO Box and Places • Loans Support – Documents Forms and Content • nearly done! (will present next week) – Triage of other things in Loans list – Latest list from Michael Uschold – New Feedback page Confidential EDM-Council/FIBO Foundations Content Team 15
Recap since last meeting • Common concepts for Loans – Worked on Document concepts • Report, Application etc. • Content versus Form(s) and Document – Reviewed and added Information Theory concepts • Nearly complete • Will review in homework this week Confidential EDM-Council/FIBO Foundations Content Team 16
Previously… • • Confidential Documents Forms Application Forms Loan Application and Appraisal information workflow EDM-Council/FIBO Foundations Content Team 17
Homework for Next Week • Issue Resolutions to complete • Ongoing work on information abstractions – For Loans – Contracts and Terms • Homework (Review against March baseline) – Transactions concepts for Products and Services • Also open JIRAs e. g. sells. To and buys. From issue – Quantities review – Addresses / Physical and Postal Confidential EDM-Council/FIBO Foundations Content Team 18
Next Meeting • We meet weekly – FCT leads invited – Tuesday at 3 pm Eastern Time • Next call – Tuesday 5 April Confidential EDM-Council/FIBO Foundations Content Team 19
- Slides: 19