1. OMG Finance Domain Task Force (FDTF)
Monthly Status/review call
Wednesday March 11th 2015

2. Agenda FIBO Status Status of Current Activities There’s a new FIBO!
FIBO Foundations
FIBO BE
FIBO Indices and Indicators
FIBO Securities and Equities
FIBO Loans
There’s a new FIBO!
Financial Business and Commerce (FBC)
Look ahead to March OMG

3. FIBO FTF2 Status (Foundations)
FTF2 Report and Specification being voted on by OMG Domain Technical Committee
Passed all votes
Then it goes to the Board Meeting which is likely to meet in Reston in March
They also need to see the Business Committee Questionnaire
People need to say again that they will be specifically using the “Final” version as published – can be any business not just OMG members
Mail us for details
New BCQs needed to be in by March 9th
Did this happen?

4. FIBO-BE Beta 2 submitted A new FTF2 will be chartered in Reston
FIBO-BE FTF Status
FIBO-BE Beta 2 submitted
All documents are in except Redline Specification
A new FTF2 will be chartered in Reston
Final to be published in June

5. Tuesday 24 March: Finance Domain Task Force
OMG March Meetings
Tuesday 24 March: Finance Domain Task Force
No formal votes scheduled
Possible discussion / ideas on XBRL (Accounting)
Update on ISO WG5 “Semantic Layer for ISO 20022”
BIAN service domains
FIBO feedback
Wednesday 25 March: Finance Day

6. FDTF Reston Agenda Proposals
FIBO Introduction / Ecosystem (Dennis)
FCT Updates
Foundations
Others?
New Financial Business and Commerce FCT
Introductions
Plans for June
Other FIBO activities / general update
PoC(s), FIBO-V, schema.org
BIAN Update (TBC)
WG5: Semantics for ISO 20022

7. FIBO: Scope and Content
Upper Ontology
FIBO Foundations: High level abstractions
FIBO Business Entities
FIBO Financial Business and Commerce
FIBO Indices and Indicators
FIBO Contract Ontologies
Securities (Common, Equities)
Securities (Debt)
Derivatives
Loans, Mortgage Loans
Funds
Rights and Warrants
FIBO Pricing and Analytics (time-sensitive concepts)
Pricing, Yields, Analytics per instrument class
FIBO Process
Corporate Actions, Securities Issuance and Securitization
Future FIBO: Portfolios, Positions etc.
Concepts relating to individual institutions, reporting requirements etc.

8. FIBO: Status Key Upper Ontology
Draft in Semantics Rep
OMG in process
FIBO: Status
OMG in preparation
OMG Complete
Upper Ontology
FIBO Foundations: High level abstractions
FIBO Business Entities
FIBO Financial Business and Commerce
FIBO Indices and Indicators
FIBO Contract Ontologies
Securities (Common, Equities)
Securities (Debt)
Derivatives
Loans, Mortgage Loans
Funds
Rights and Warrants
Also viewable in Adaptive – see link on next slide
FIBO Pricing and Analytics (time-sensitive concepts)
Pricing, Yields, Analytics per instrument class
FIBO Process
Corporate Actions, Securities Issuance and Securitization
Future FIBO: Portfolios, Positions etc.
Concepts relating to individual institutions, reporting requirements etc.

9. FIBO Where is What!
General Information -
Historical perspective and status
29 FIBO Business Conceptual Ontologies have been built since 2008
Contains much detailed downloadable information including models, spreadsheets and XLS files for 29 FIBOs
Github Working Wiki page”
For those who want to get serious soon – Links to UML and RDF/OWL downloadable files for all 29 FIBOs and much much more of Pink and Yellow and Green FIBOs
Browseable and searchable repository with workspaces for all ontologies
Contains FIBO-FND in final OMG documentation form including UML and RDF/OWL models for FIBO Foundations
for the Beta2
Working wiki is at:
Contains FIBO-BE (Business Entities) In OMG documentation form.
Working wiki is at
A working version in testing is also in
Contains FIBO-IND (Indices and Indicators) In OMG documentation form .
Pointer to Loans FIBO Wiki page
Pointer to Securities and Equities FIBO wiki page

10. Each FIBO Content Team has
Where is What Summary
Each FIBO Content Team has
A GitHub fork on the FCT Leader GitHub account
A working wiki on the main (EDM Council) GitHub account
Regular meetings

11. FIBO Specifications Status Overview 1
FIBO Foundations
Final version is with OMG
Revision Task Force (RTF) chartered
New FCT under Mike Bennett (meets Fridays)
FIBO Business Entities
Approved for Finalization (March 2014)
FTF1 completed
FTF2 to be chartered March 2015
Completion scheduled for June 2015
New FCT under David Newman
FIBO Indices and Indicators
Approved September 2014
New FCT under Elisa Kendall

12. FIBO Specifications Status Overview 2
FIBO Securities Common and Equities
FIBO Content Team in place under Richard Beatch (Bloomberg)
Meets alternate Mondays
Will submit an RFC in June 2015 at Berlin
Additions made to Foundations, plans for BE, FBC spin-off
FIBO Loans
FIBO Content Team in place under Randy Gilster (Wells Fargo)
Meets Thursdays
FIBO Financial Business and Commerce (NEW)
FIBO Content Team Lead: Elisa Kendall
Launching at Reston FDTF

13. ISO 11179 = Metadata Repositories
Jargon Blaster
ISO 10962
Classification of Financial Instruments (CFI)
New version released in Jan 2015
ISO 20022
Messaging standard, UML to XML transformation
incorporated the draft ISO (WG11)
WG11 model was starting point for most FIBO
ISO = Metadata Repositories
XBRL = eXtensible Business Reposrting Language
Concepts are in individual “Taxonomies” (model schemas) only (IASB, IFRS, US-GAAP, etc.)
MDDL – Market Data Definition Language

14. { Current Roadmap FIBO Content Teams 2013 2014 2015 Beta2 Milestone
FTF2
OMG Task Force
LoI
Spec
Activity
Adoption
2013
2014
2015 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3
Foundations
Public review
OMG finalization TF
(FTF)
FTF2
OMG Revision TF
(RTF)
Final
Beta1
Beta2
FIBO-BE
Public review
OMG finalization TF
(FTF)
RTF
Beta2
Indices & Indicators
Public review
OMG FTF
RTF {
Final
Securities Common and Equities
Public review
OMG finalization
RFC
Final
FIBO Content Teams
Loans common
OMG finalization
Derivatives
OMG finalization
Other FIBO Components
FIBO Market Data, CAE, Risk/Reporting
FIBO Market Data, CAE, Risk/Reporting
FIBO Market Data, CAE, Risk/Reporting

15. Appendix 1: FIBO Content and Status

16. Key to Colors Planned Phase Colors Status Colors 11/7/2018
OMG
Substantive
Model
Initial
Foundations and Business Entities, Indices
Red = EDM Council legacy
Common Concepts all Instruments; Equity; Debt
Pink = Initial Refactoring
Derivatives Common; Loans Common
Yellow = OMG Submission
Derivatives: Rate, Credit, Fx
Green = OMG Final
Loans: Mortgage
Debt: Structured Finance, Money Markets
Derivatives: Asset, Commodity, CFD
Derivatives: Exchange Traded
Collective Investment Vehicles
Rights and Warrants 1 2 3 4 5 6 7 8 9 10
Future
11/7/2018
OMG = in RDF/OWL; Beta = Model Reviewed by SMEs; Model = Modeled in Enterprise Architect; Initial = Not Yet Modeled
© 2014 EDMC FIBO

17. FIBO Development Scenario (September 2014)
Reference Data (product) Semantics
Phase
Domain
Sub-Domain
Dependency
OMG
RDF/OWL
Beta
Model 1
Foundations X
Business Entities
Indices and Indicators 2
Common Concepts
(all instruments)
Equity Instruments
Equities
Debt Instruments
Debt Terms (including bonds) 5
Structured Finance
Dependent on bonds and mortgage
Money Markets (includes Repo, Treasury, Government, Tax Free) 3
Loans
Common Loan Terms
Mortgage Loan Terms 7
Other (i.e. general purpose, construction, student, miscellaneous)
OMG = in standards process; RDF/OWL = in Web Ontology Language; Beta = Model Reviewed by SMEs;
Model = Modeled in Enterprise Architect;

18. FIBO Development Scenario (September 2014)
Reference Data (product) Semantics
Phase
Domain
Sub-Domain
Class
Dependency
OMG
RDF/OWL
Beta
Model 3
Derivatives
Common Concepts X 4
OTC Derivatives
Rate Based
Dependent on indices
Credit Default
Dependent on common concepts for loans, common debt terms, indices
Foreign Exchange 7
Asset
Dependent on equities, bonds, common debt terms
Commodity
Contracts for Difference 8
Exchange Traded x 9
Collective Investment Vehicles
Dependent on listed instruments, derivatives, indices 10
Rights & Warrants
Dependent on common concepts for all instruments
OMG = in standards process; RDF/OWL = in Web Ontology Language; Beta = Model Reviewed by SMEs;
Model = Modeled in Enterprise Architect;

19. FIBO Development Scenario (September 2014)
Market Data (time and date) Semantics
Domain
Sub-Domain
Dependency
OMG
RDF/OWL
Beta
Model
Common Terms X
Equity Pricing
Debt Temporal Terms
Debt Pricing and Yields
Debt Analytics
Debt Pool Analytics
CIV Temporal Terms
Loan Temporal Terms
Trading Status
Credit Temporal Terms
Credit Rating
Credit Status
Future Phase
OMG = in standards process; RDF/OWL = in Web Ontology Language; Beta = Model Reviewed by SMEs;
Model = Modeled in Enterprise Architect;
Copyright © 2014 EDM Council Inc.

20. FIBO Development Scenario (September 2014)
Process Related Semantics
Domain
Sub-Domain
Dependency
OMG
RDF/OWL
Beta
Model
Corporate Actions and Events X
Securities Issuance
Common Issuance Process Terms
Equity Issuance (includes IPO, primary market)
Debt/Bonds Issuance (includes auction, syndication and other issuance processes
Asset-Backed / Mortgage-Backed Issuance (includes agency and non-agency)
Securities Transactions (includes trade, post trade, clearing, settlement)
OTC Derivatives Transactions
Payments Processing
Portfolio and Holdings s
Future Phase