(Editor’s Note: The Enterprise Data Management (EDM) Council, a non-profit trade association, is today releasing an update of its Financial Industry Business Ontology (FIBO) that is intended to help securities firms managing interoperability among data sources by showing their properties and linkages. FIBO is used by financial institutions to support data analytics via by “harmonizing… Read More >>
EDM Council Hopes to Spark an Ontology Revolution
The Enterprise Data Management (EDM) Council recently approved its FIBO Foundations data content standards, the first of 30 planned sets of standards that could potentially revolutionize how firms in the financial services industry handle their data once they’ve been fully implemented, EDM Council officials say. FIBO, which stands for Financial Industry Business Ontology, is an… Read More >>
Michael Atkin: ‘DCAM Harmonizes the Data for the Prime Goal’
Non-profit trade association, the Enterprise Data Management (EDM) Council has just released the Data Management Capability Assessment Model (DCAM), a collection of best practices for the management of data across an enterprise. The new DCAM documentation is intended to help firms “align data across multiple internal repositories in order to operate more efficiently and meet… Read More >>
