Finance DTF Agenda

OMG Technical Meeting
Online

2020-06-21 to 2020-06-26
Timezone: UTC-04

Up to date agenda can be found at: https://omg.org/events/2020Q2/agendas/FinanceDTFCalendar.html


Wed 2020-06-24
09:00-09:05Kick-off and Agenda review
  • Meeting kick-off: Review of overall agenda for the day

09:05-09:15Ontology Requirements for Finance: Introduction
Introduction to the discussion on ontology requirements for finance. Introduces the sessions that follow. 

  • What ontologies are out there?
  • What people want from ontologies in finance?
  • How shall we characterize or define the capabilities and requirements for ontologies to use for various finance industry purposes? 


09:15-09:30Ontologies in Finance: MISMO
  • Discussion around US Government mortgage terms and MISMO standard
  • Requirements for MISMO Terms
  • FIBO Loans - MISMO-based ontology concepts
  • Other FIBO Loans ontologies and status

09:30-09:45Ontologies in Finance: ACTUS
  • ACTUS Cashflow terms standard - overview
  • ACTUS Ontology - proposals to frame ACTUS as an ontology

09:45-10:00Ontologies in Finance: Enterprise Risk Model
  • Ontology for Enterprise Risk Model concepts
  • Common concepts for risk

10:30-11:30Ontologies for Finance: Discussion and Conclusions

Open discussion on what's needed for ontologies for various finance requirements
  • Discuss potential FIBO compatibilities (ACTUS, ERM, MISMO and others)
  • Ontology requirements (temporality etc.)
  • Characterizing features of ontologies for finance industry uses
  • Conclusions and potential next steps

11:30-12:00FIBO v2.1 Proposal

  • Review of EDM Council FIBO Development ecosystem
  • Ontology specification and presentation requirements
  • FIBO v2 RFC Status
  • Proposal for a FIBO v2.1 RFC
  • Vote on FIBO v2.1 RFC Proposal

Mike Bennett, EDM Council


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