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FIB-DM Update #89

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merged 8 commits into from
Jun 30, 2021
Merged

FIB-DM Update #89

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c0a793e
initial commit
mereolog Jun 14, 2021
b2dbd51
:Merge branch 'FIBO-235' into fib_dm_update
mereolog Jun 28, 2021
d8ab38d
more updates
mereolog Jun 28, 2021
b9d893e
Merge branch 'fib_dm_update' of https://github.com/edmcouncil/html-pa…
mereolog Jun 28, 2021
a12500e
doctoral thesis folder removed
mereolog Jun 28, 2021
6cfacb8
FIB-DM button added
mereolog Jun 28, 2021
af336d8
FIB-DM button added
mereolog Jun 28, 2021
cbd9a69
auto synchronised with fibo
mereolog Jun 28, 2021
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25 changes: 13 additions & 12 deletions auto/src/components/Header.vue
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<div class="collapse navbar-collapse" id="navbarSupportedContent">
<ul class="navbar-nav ml-auto">

<li class="nav-item">
<router-link class="nav-link" :to="{ path: router() }">About AUTO</router-link>
</li>
<li class="nav-item">
<a href="https://spec.edmcouncil.org" class="nav-link" v-on:click="outboundLinkClick('https://spec.edmcouncil.org')">OKG</a>
</li>
<li class="nav-item">
<router-link class="nav-link" :to="{ path: router('ontology') }">AUTO Viewer</router-link>
</li>

<li class="nav-item">
<router-link class="nav-link" :to="{ path: router('community') }">Community</router-link>
</li>
<li class="nav-item">
<router-link class="nav-link" :to="{ path: router('products') }">Products</router-link>
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<li class="nav-item">
<router-link class="nav-link" :to="{ path: router('documentation') }">Docs</router-link>
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<router-link class="dropdown-item" :to="{ path: router('aim-and-scope') }">Aim and Scope</router-link>
</div>
</li> -->
<li class="nav-item">
<router-link class="nav-link" :to="{ path: router('products') }">Products</router-link>
</li>

<li class="nav-item">
<router-link class="nav-link" :to="{ path: router('applications') }">Applications</router-link>
</li>
<li class="nav-item">
<router-link class="nav-link" :to="{ path: router('community') }">Community</router-link>
</li>

<li class="nav-item">
<a href="https://spec.edmcouncil.org" class="nav-link" v-on:click="outboundLinkClick('https://spec.edmcouncil.org')">OKG</a>
</li>


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<a
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Binary file added fibo/src/assets/img/FIB-DM-2021-01-Packages-PowerDesigner-screenshot-1024x729.png
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11 changes: 6 additions & 5 deletions fibo/src/components/Header.vue
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</ul>
<div class="collapse navbar-collapse" id="navbarSupportedContent">
<ul class="navbar-nav ml-auto">
<li class="nav-item">
<router-link class="nav-link" :to="{ path: router() }">About</router-link>
</li>


<li class="nav-item">
<router-link class="nav-link" :to="{ path: router('ontology') }">FIBO VIEWER &#x2193;</router-link>
</li>

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<router-link class="nav-link" :to="{ path: router('FIBO-Groups') }">FIBO Community</router-link>
</li>
</li>

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<router-link class="nav-link" :to="{ path: router('FIB-DM') }">FIB-DM</router-link>
</li>

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34 changes: 21 additions & 13 deletions fibo/src/views/FIB-DM.vue
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</figure>





<hr class="wp-block-separator">

<p class="text">Many midsize EDMC members want to leverage the industry standard, but don’t have ontology tooling, databases, and the human expertise inhouse yet. </p>
<p class="text">Midsize EDM Council members want to use the industry standard, but many don’t have ontology tooling, databases, and human expertise in-house yet. </p>

<p class="text">Large financial institutions want to leverage their customized ontologies for the whole enterprise beyond the Semantic Center of Excellence (CoE). </p>

<p>The FIBO development team created FIBO-derived glossaries and dictionaries available in MS-Excel to help. However, data architects still have to manually transcribe diagrams into their data modeling tool and copy &amp; paste definitions. The Financial Industry Business Data Model supplements the EDMC FIBO-derived formats.</p>
<p>The FIBO development team created FIBO-derived glossaries and dictionaries to help. However, data architects still have to manually transcribe diagrams into their data modeling tool and copy &amp; paste definitions. The Financial Industry Business Data Model supplements the EDMC FIBO-derived formats.</p>

<hr class="wp-block-separator">


<p class="text">We created FIB-DM with CODT our&nbsp;<a href="https://fib-dm.com/patent/">patent-pending</a>&nbsp;Configurable Ontology to Data-model Transformation. </p>
<p class="text">Jayzed Data Models Inc. derived FIB-DM with CODT our&nbsp;<a href="https://fib-dm.com/patent/">patent-pending</a>&nbsp;Configurable Ontology to Data-model Transformation. </p>

<figure class="wp-block-image size-large text-center">
<a href="https://www.linkedin.com/pulse/open-source-data-model-financial-industry-jurgen-ziemer/"
Expand All @@ -49,36 +48,45 @@
<hr class="wp-block-separator">


<p class="text">Standalone FIB-DM is an Enterprise Data Model, a lower-cost alternative to industry vendor models. We believe that the ontology-derived data model is also more comprehensive, modern, and conceptually sound, thanks to the exceptional work of the FIBO development team and EDMC members supporting the content groups. </p>
<p class="text">Standalone FIB-DM is an Enterprise Data Model, a lower-cost alternative to industry vendor models. </p>

<p class="text">We believe that the ontology-derived data model is also more comprehensive, modern, and conceptually sound, thanks to the exceptional work of the FIBO development team and EDMC members supporting the content groups. </p>

<p class="text">Strategically, adopting the industry standard for relational and object modeling today, you are fully prepared for Semantic Enterprise Information Architecture with the ontology at the apex and derived models for data, message, object, and process in the future.</p>

<hr class="wp-block-separator">

<figure class="wp-block-image size-large text-center">
<a href="https://fib-dm.com/semantics-for-finance-users/" target="_blank" rel="noreferrer noopener">
<img src="@/assets/img/Semantic-Enterprise-Information-Architecture-1024x418.png"
alt="Semantic Enterprise Information Architecture diagram" class="wp-image-1676"
sizes="(max-width: 1024px) 100vw, 1024px">
</a><figcaption>Semantic Enterprise Information Architecture.</figcaption></figure>

<p>As a FIB-DM architect, you can easily learn OWL and ontology tooling because you recognize the familiar concepts and design patterns. As a business user or analyst, you find the FIB-CM concept maps intuitive and far less complicated than graphs and data models. Common names and definitions across the enterprise facilitate integration between applications, RDBMS and RDF-stores. </p>
<p>As a FIB-DM architect, you can easily learn OWL and ontology tooling because you recognize the familiar concepts and design patterns. As a business user or analyst, you find the FIB-CM concept maps intuitive and far less complicated than graphs and data models. As an ontologist, you reverse-engineer in-house data models into RDF/OWL, accelerating your Enterprise Ontology design for Knowledge Graph and other use cases. In addition, you generate data models for conventional data architecture. </p>

<p>Common names and definitions across the enterprise facilitate integration between applications, RDBMS and RDF-stores. </p>

<hr class="wp-block-separator">


<p class="text">FIB-DM core is the Open Source (<a aria-label=" (opens in a new tab)" rel="noreferrer noopener" href="https://opensource.org/licenses/GPL-3.0" target="_blank">GPL-3.0</a> copyleft) version for smaller financial institutions, academic research, and your unlimited evaluation. The 1029-entity model derived from FIBO Foundation, Business Entities, and Finance Business &amp; Commerce modules. More than two hundred users already downloaded the model. </p>
<p class="text">FIB-DM core is the Open Source (<a aria-label=" (opens in a new tab)" rel="noreferrer noopener" href="https://opensource.org/licenses/GPL-3.0" target="_blank">GPL-3.0</a> copyleft) version for smaller financial institutions, academic research, and your unlimited evaluation. The 1029-entity model derived from FIBO Foundation, Business Entities, and Finance Business &amp; Commerce modules. One thousand five hundred architects downloaded the model already. </p>

<figure class="wp-block-image size-large text-center"><img width="1024" height="729" src="@/assets/img/FIB-DM-2021-01-Packages-PowerDesigner-screenshot-1024x729.png" alt="FIB-DM Packages (PowerDesigner screenshot)" class="wp-image-5136" /><figcaption>FIB-DM Packages (PowerDesigner screenshot)</figcaption></figure>


<p class="text">FIB-DM extended is the full 1875-entity version including current FIBO Production modules for Securities, Derivatives, and Indices &amp; Indicators. Licensees with a maintenance contract receive upgrades when new modules for Loans, Business Processes, Corporate Actions, Collective Investment Vehicles, and Market Data release into FIBO production in 2020.</p>
<p class="text">FIB-DM Normative is the full 2380-entity version, derived from the latest FIBO Production, including modules for Securities, Derivatives, and Indices & Indicators. The Informative version, derived from FIBO Development, provides two thousand additional entities.</p>

<p class="text">Both models are released as SAP PowerDesigner Conceptual and Logical Data Models. Most data modeling tools can import native PowerDesigner files. For other tools and uses <a href="https://fib-dm.com/tutorial-1-addendum/">FIB-UM</a>, the Universal Model is the FIBO in UML-XMI. </p>
<p class="text">We release the industry models as SAP PowerDesigner Conceptual and Logical Data Models. Most data modeling tools can import native PowerDesigner files. For other tools and uses FIB-UM, the Universal Model is the FIBO in UML-XMI. </p>

<p>Licenses are priced for institution size, using your EDMC membership tier as a segment. </p>
<p>Licenses are priced for institution size, using your EDMC membership tier as a segment. You can license the CODT transformation technology as a bundle or add-on to FIB-DM. </p>

<hr class="wp-block-separator">


<p class="text">To learn more watch the introduction videos, “Semantics for midsize Banks/for Managers/for Finance Users/for Data Architects” on <a aria-label=" (opens in a new tab)" rel="noreferrer noopener" href="https://www.youtube.com/c/fib-dm" target="_blank">YouTube</a>, download the data model, diagrams, education PowerPoints, and the full model report on the <a href="https://fib-dm.com/">FIB-DM website</a>, and follow the discussion on <a aria-label=" (opens in a new tab)" rel="noreferrer noopener" href="https://www.linkedin.com/showcase/fib-dm" target="_blank">LinkedIn</a>.</p>

<p>Please contact me with any questions or to arrange an overview meeting. Thanks, Jurgen Ziemer, ontologist and data architect (<a href="mailto:jziemer@jayzed.com">jziemer@jayzed.com</a>).</p>
<p>Please contact me with any questions or to arrange an overview meeting. Thanks, ontologist and data architect (<a href="mailto:jziemer@jayzed.com">jziemer@jayzed.com</a>).</p>

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