CODT Utility Patent Filing

The United States Patent and Trademark Office (USPTO) acknowledged the non-provisional patent application (NPPA #16985414) for the Configurable Ontology to Data-model Transformation (CODT).

CODT Patent Filing USPTO Acknowledgement Receipt
CODT Patent Filing USPTO Acknowledgement Receipt

Once granted the patent will:

Protect FIB-DM users

Patent laws extend protection to products manufactured using a patented process. Hence the OWL-to-DM patent protects users of FIB-DM.

Ensure updates of FIB-DM.

FIBO is growing with Collective Investment Vehicles (funds), Loans, Corporate Actions, and Market Data already in the development version. The FIB-DM extended data model adds new FIBO production packages quarterly. FIB-DM core updates annually.  The patent ensures that the Financial Industry Business Data Model can be kept up to date.

Transformation process available

We originally created FIB-DM for mid-size Financial Institutions that don’t have RDF/Triple Stores and Ontologists inhouse yet. Global institutions who already have a customized FIBO don’t need a data model of the industry standard. They want their inhouse ontologies transformed into data models. With the pending patent, we can fully disclose the transformation process and license the transformation. Global FIs can synchronize RDF-Stores and RDBMS.

Comprehensive and progressive

With 23 drawings, 19 tables, and 35 pages of specification, the non-provisional patent application fully discloses the invention. The 20 claims cover the method, system, non-transitory storage medium, and all embodiments.

In the coming months, we will license CODT and transform other public domain ontologies (Legal, Pharma, Oil & Gas) into industry-standard data models.

Claims and major patent drawings

Overview

Patent Drawing FIG 1 - CODT Overview
Patent Drawing FIG 1 – CODT Overview

System

Patent Drawing FIG 2 - CODT System
Patent Drawing FIG 2 – CODT System
1System
Configuration component
Extraction component
Transformation component
2Extraction with SPARQL
3Extraction with parser
4Load component
5User Interface component
6Analysis component
CODT System Key Claim Terms

Storage Medium

Patent Drawing FIG 3 - CODT Metadata Sets (storage medium)
Patent Drawing FIG 3 – CODT Metadata Sets (storage medium)
7Storage Medium
Configure transformation
Ontotlogy Metadata Set
Entity-Relationship Metdata Set
Tool-specific Metadata Set
8extract from SPARQL endpoint.
9parse ontology files
10load into Data Modeling tool
11configure transformation rules
12analyze source ontology
13reverse mode, transforming data model into ontolgy
CODT Storage Medium, Key Claim Terms

Method

Patent Drawing FIG 4 - CODT Transformation (method)
Patent Drawing FIG 4 – CODT Transformation (method)
14Method
configure
extract from ontology
transform into entity-relationshp 
transform to data model
15connect to ontology, retrieve metadata
16parsing RDF/OWL files
17connect to modeling tool, creating the model
18review and overide rules and  metadata
19analyze source ontology
20reverse engineer ontology from data model
CODT Method, Key Claim Terms

References