1. OMG Finance Domain Task Force (FDTF)
Monthly Status/review call
Wednesday September 3rd 2014

2. FIBO Development Process
Agenda
FIBO Status
Status of Current Activities
FIBO Foundations FTF
FIBO Specification status overview
Roadmap and next steps
Austin FDTF Meeting
FIBO Development Process

3. We propose to charter an FTF2 in Austin
FIBO FTF Status
FTF Report published
Updated report filed today with minor corrections
We propose to charter an FTF2 in Austin
Have published FIBO Foundations Beta2 as a “Convenience” document
baseline rather than a “Final” Spec
Allows us to complete more formal tests
FTF2 Activities
Deferred issues
Revisit Ownership and Control (new issue to cover)
Testing!
Finish in December

4. FIBO Specifications Status Overview
FIBO Foundations
FTF report filed, some issues deferred to FTF2
FTF2 chartering Sept 2014
FIBO Business Entities
Approved for Finalization (March 2014)
FTF chartered, awaiting Beta 1 spec (still!)
Completion scheduled for Dec 2014
FIBO Indices and Indicators
Submitted June 2014
Public commenting period ended 18 August – no issues raised
Second reading September at Austin
FIBO Securities Common and Equities
FIBO Content Team in place under Richard Beatch (Bloomberg)
Progress on the OMG migration process
Identified required additions to Foundations, BE

5. FIBO Conceptual Ontologies (Lattice etc.)
Lattice and other high level abstractions
Provide the conceptual “glue” for business meaning
Few practical applications would use directly
To be maintained in separate EDM Council namespace
Maintained in RDF/OWL alongside other conceptual nuances
RDF/OWL Coming soon…
For reference not reasoning
Initial OMG specifications
Reflect but not include a variant of these patterns
Ownership and Control: simpler “associative” relations added
Other model elements remain as seen
Future OMG submissions may include this material
Scoping is determined by the FCT

6. FDTF Austin Agenda Preview
Tuesday 16 September
FIBO Indices and Indicators 2nd Reading
FIBO Foundations FTF status report
Dennis Wisnosky – Introduction to the FIBO Ecosystem
Richard Beatch (Bloomberg): Overview of the Securities and Equities FIBO Content Team activities
Richard and Elisa: RFP / RFC Preview for FIBO Securities and Equities
Dean / Jacobus: Overview of the technical infrastructure for FIBO Build / Test / Deploy (of possible interest to others)
NoMagic: Demonstration of business conceptual modeling capabilities for FIBO SME Reviews
Adaptive demonstration of business facing views
Nourredine Yous (ANNA): Alignment of OMG and ISIN identification standards
Wednesday 17 September
See next slide

7. FDTF Austin Agenda Preview
Wednesday 17 September
am: Finance Domain Task Force
From June FDTF Report
Discuss support for data policy (per June initial session)
Terminology and Rules support
FIBO Conceptual Modeling:
Continue the conversation on conceptual ontology modeling principles from June
Updates on shared semantics / externality requirements
pm: FIBO Potential Submitters Meeting
New FCTs “Soft Start” (scoping, preparation etc.)
FIBO Loans (Common Terms)
FIBO Derivatives (Common Terms)
SME and Externality Review Activities
In person SME facing sessions – hands on with tools
SME Review: tooling assessment, look at the Loans / Derivatives content
Externality Reviews
covers external AND FIBO Specs we want to augment, and reference to conceptual material FIBO that doesn’t need to be in an OMG spec

8. { Current Roadmap FIBO Content Teams 2013 2014 2015 Q4 Q1 Q2 Q3 Q4 Q1
Foundations
Public review
OMG finalization TF
(FTF)
FTF2
OMG Revision TF
(RTF)
Final
Beta2
Business Entities
Public review
OMG finalization TF
(FTF)
OMG Revision TF
(RTF)
Final
Indices & Indicators
Public review
OMG finalization {
Final
Securities Common and Equities
Public review
OMG finalization
Final
FIBO Content Teams
Loans common
Industry review
OMG finalization
Derivatives
Industry review
OMG finalization
Other FIBO Components
FIBO Market Data, CAE, Risk/Reporting
FIBO Market Data, CAE, Risk/Reporting
FIBO Market Data, CAE, Risk/Reporting

9. FIBO Development Process
Dennis Wisnosky

10. Appendix 1: FIBO Content and Status

11. FIBO Development Scenario - 1
Product Semantics (Reference Data)
Domain
Sub-Domain
Class
Dependency
OMG
Substantive
Model
Initial
Foundations X
Business Entities
Indices and Indicators
Common Concepts
(all Instruments)
Debt
Common Debt Terms
Listed Securities
Bonds
Equities
Loans
Derivatives
OTC Derivatives
Rate Based
Dependent on Indices
Credit Default
Dependent on Common Concepts for Loans, Common Debt Terms and Indices/Indicators
Foreign Exchange
(FIBO 1.0) Major Milestones
Phase 1
Phase 2
Phase 3
Phase 4
4/4/2019
OMG = in RDF/OWL; Beta = Model Reviewed by SMEs; Model = Modeled in Enterprise Architect; Initial = Not Yet Modeled
© 2014 EDMC FIBO

12. FIBO Development Scenario - 2
Product Semantics (Reference Data)
Domain
Sub-Domain
Class
Dependency
OMG
Substantive
Model
Initial
Loans
Mortgage X
Listed Securities
Debt Securities
Structured Finance
Dependent on Bonds and Mortgage
Money Markets
Includes Repo, Treasury, Government, Agency, Tax-Free, etc.
Derivatives
OTC Derivatives
Asset Based Derivatives
Dependent on Equities, Bonds and Common Debt Terms
Commodity
Contracts for Difference
Collective Investment Vehicles
Dependent on Listed Instruments, Derivatives and Indices
Exchange Traded
Other
General Purpose, Construction, Student, Miscellaneous
Rights and Warrants
Dependent on Common Concepts for all Instruments
Phase 5
Phase 6
Phase 7
OMG = in RDF/OWL; Beta = Model Reviewed by SMEs; Model = Modeled in Enterprise Architect; Initial = Not Yet Modeled
4/4/2019
© 2014 EDMC FIBO

13. FIBO Development Scenario - 3
Time and Date Semantics
Domain
Sub-Domain
Class
Dependency
OMG
Substantive
Model
Initial
Common Terms
Temporal Component X
Equity Pricing
Debt Temporal Terms
Debt Pricing and Yields
Debt Analytics
Debt Pool Analytics
Collective Investment Vehicles
Loans
Trading Status
Credit
Credit Rating
Credit Status
Future Phase
OMG = in RDF/OWL; Beta = Model Reviewed by SMEs; Model = Modeled in Enterprise Architect; Initial = Not Yet Modeled
4/4/2019
© 2014 EDMC FIBO

14. FIBO Development Scenario - 4
Process Related Semantics
Domain
Sub-Domain
Class
Scope
OMG
Substantive
Model
Initial
Corporate Actions and Events X
Securities Issuance
Common Issuance Terms
Equity Issuance
IPO, Other Equity Issue Processes, Primary Market
Debt/ Issuance
Auction, Syndication, Other Issuance Processes
Asset-Backed / Issuance
Agency
Non-Agency
Securities Transactions
Trade, Post-Trade, Clearing, Settlement
OTC Derivatives Transactions
See OTC Derivatives Terms
Payments Processing
Portfolio and Holdings
Positions and Holding Terms
Future Phase
OMG = in RDF/OWL; Beta = Model Reviewed by SMEs; Model = Modeled in Enterprise Architect; Initial = Not Yet Modeled
4/4/2019
© 2014 EDMC FIBO