- Focus Areas
|FIBO Content Teams|
FIBO Leadership Team (FLT)
The FIBO Leadership Team (FLT) is a closed group. It consists of FIBO ontologists, conceptual modelers and semantic web product experts who have been involved in defining the FIBO "Build-Test-Deploy-Maintain" methodology. The FLT manages the FIBO repository, adjudicates changes in GitHub and JIRA, ensures the alignment of FIBO with existing standards, maintains the FIBO process flow and ensures technical governance for the standard.
FIBO Process Team (FPT)
The FIBO Process Team is a closed group. They are responsible for establishing and maintaining FIBO infrastructure. This includes management of FIBO namespaces, GitHub and collaboration mechanisms, liaison with vendors and other mechanisms needed for automatic testing. The FIBO Process Team is integral to implementation and enhancement of the FIBO Build, Test, Deploy and Maintain (BTDM) methodology that governs the ontology.
FIBO Proof-of-Concept Teams
EDM Council members use the FIBO development process to facilitate cross-membership collaboration on proofs-of-concept (PoC) and other real-world use cases. These initiatives help define FIBO extension and tooling priorities. FIBO PoCs must have a use case or user story including data to support automatic testing.
Members who are interested in establishing a FIBO PoC within the EDM Council framework should contact Dennis Wisnosky with a use case and statement of objective.
FIBO Foundations (FND) Content Team
The FIBO Foundations Content Team is responsible for designing the basic building blocks of FIBO. FIBO Foundations deals with the underlying concepts of contracts, agents, agreements, transactions, processes, dates, time, goals, legal concepts including jurisdiction and capacity, organizational types, the meaning of ownership and control, the concept of parties and roles, baseline concepts associated with products and services, the fundamental accounting concepts, units of measure, quantities and schedules. FIBO Foundations is the essential scaffolding upon which the other FIBO modules are constructed.
EDM Council members are invited to participate in the standing working meetings for FIBO-FND (every Tuesday 2:00pm – 3:00pm EST). The FIBO FND wiki page contains full details including meeting minutes and a list of participants.
FIBO Business Entities (BE) Content Team
The FIBO Business Entities Content Team is responsible for one of the content foundational components of the ontology. It addresses concepts related to the types of entities that exist across the financial system including corporations, functional entities, partnerships, private limited companies, sole proprietorships, trusts, government entities and distinct types of legal entities. FIBO BE also focuses on the concepts of ownership and control covering the types of parties that exist along with expression of their capacities and powers.
EDM Council members are invited to participate in the standing working meetings for FIBO-BE (every Tuesday from 11:00am – 12:00pm EST). The FIBO BE wiki page contains full details including meeting minutes and a list of participants.
FIBO Financial Business & Commerce (FBC) Content Team
The Financial Business & Commerce Content Team is responsible for one of the structural components of the ontology. The specification provides a model of business concepts that are common to all financial services including products and services, financial instruments, market types, financial intermediaries, registration authorities and regulators. These common concepts are linked to many other financial contract domain and process areas in FIBO.
EDM Council members are invited to participate in the standing working meetings for FIBO-FBC (every other Monday from 11:30am – 1:00pm EST). The FIBO FBC wiki page contains full details including meeting minutes and a list of participants.
FIBO Indices and Indicators (IND) Content Team
The FIBO Indices and Indicators is one of the foundational ontologies and covers concepts relating to forms of market indices (including baskets, credit and debt indices), economic indicators, economic measures, market-based interest rates and foreign exchange as well as ontologies relating to common interest rates, inter-bank lending and rates of debt instruments.
EDM Council members are invited to participate in the standing working meetings for FIBO-IND (every Friday 11:30am – 12:30pm EST). The FIBO IND wiki page contains full details including meeting minutes and a list of participants.
FIBO Securities & Equities (SEC) Content Team
The FIBO Securities & Equities Content Team is a baseline domain ontology defining equities (equity instruments, depository receipts, equity issuance, limited partnership equity, shareholder rights and shareholder equity), bonds (concepts relating to cash debt instruments, listings, tax treatment, debt guarantees, parity variants, participation notes and cash flow), money markets (REPOs, term deposits and short term debt), and other securities (baskets, parametric schedules, pools, securities classification, securities identification, issuance, listings, restrictions and assets).
EDM Council members are invited to participate in the standing working meetings for FIBO-SEC (every other Monday 11:30am – 1:00pm). The FIBO SEC wiki page contains full details including meeting minutes and a list of participants.
FIBO Derivatives (DER) Content Team
The FIBO Derivatives Content Team is a domain ontology covering basic derivatives contracts (commodities contracts, commodity delivery, forwards, options, spots, swaps), asset derivatives (asset baskets, bond options, bond return swaps, equity forwards, equity options, equity swaps), commodity derivatives (commodities contracts, commodity delivery, forwards, options, spots, swaps), credit default swaps, exchange-traded derivatives (options and futures), Fx derivatives (forwards, options, spots, swaps), rate derivatives (forward rate agreements, inflation swaps, interest rate options, interest rate swaps, OTC index options), rights instruments and other miscellaneous forms of derivative contracts.