FIB-DM is a complete model transformation of FIBO, the Financial Industry Business Ontology. Working with major financial institutions, the Enterprise Data Management Council created FIBO as the open-source industry standard for financial concepts, their relationships, and definitions.
Jayzed Data Models Inc., a US corporation, derived FIB-DM with CODT, our patented Configurable Ontology to Data-model Transformation.
With 3,074 normative entities released in July 2024, FIB-DM is by far the most extensive reference Enterprise Data Model for Banks, Investment Companies, and their Regulators.
There is a chasm between semantic and conventional data management. The EDM Council specified the FIBO in Ontology Web Language (OWL), a powerful semantic language encompassing the
The Financial Industry Business Data Model is the bridge from semantic to conventional data management. We took the industry standard ontology and made it available in SAP PowerDesigner, and you can migrate to other data modeling tools. Data Architects can use FIB-DM as an Enterprise reference model and directly derive models from the blueprint.
Semantic Enterprise Information Architecture places the ontology at the apex of model-driven development and derives models for data, messages, objects, and processes.
Ontologists, Data Architects, and Developers use common names, definitions, and design patterns across the enterprise.
The FIBO Data Model has a clear and concise design, is fully mapped back to the source ontology, and has more than one hundred Package, Hierarchy, and Concept diagrams.
