IDEAS home Printed from https://ideas.repec.org/a/pal/jbkreg/v14y2013i3p255-268.html
   My bibliography  Save this article

The financial industry business ontology: Best practice for big data

Author

Listed:
  • Mike Bennett

Abstract

This article describes the Financial Industry Business Ontology (FIBO) as a set of formal models that define unambiguous shared meaning for financial industry concepts. An account is given of the history and development of the FIBO series of standards and the theoretical underpinnings of these as a business or ‘conceptual’ model. Some initial proof of concept work is described, demonstrating how in addition to the use of FIBO as a conceptual model, it is possible to derive semantic technology-based applications that may be used to carry out novel types of processing on data. The development roadmap of the FIBO series of standards within the Object Management Group is also described, so that readers can have an idea of what to expect from FIBO and when.

Suggested Citation

  • Mike Bennett, 2013. "The financial industry business ontology: Best practice for big data," Journal of Banking Regulation, Palgrave Macmillan, vol. 14(3-4), pages 255-268, July.
    • Handle: RePEc:pal:jbkreg:v:14:y:2013:i:3:p:255-268
    as

    Download full text from publisher

    File URL: http://www.palgrave-journals.com/jbr/journal/v14/n3/pdf/jbr201313a.pdf
    File Function: Link to full text PDF
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: http://www.palgrave-journals.com/jbr/journal/v14/n3/full/jbr201313a.html
    File Function: Link to full text HTML
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Bholat, David, 2016. "Modelling metadata in central banks," Statistics Paper Series 13, European Central Bank.
    2. Caterina Pietra & Roberto De Lotto & Rakan Bahshwan, 2021. "Approaching Healthy City Ontology: First-Level Classes Definition Using BFO," Sustainability, MDPI, vol. 13(24), pages 1-18, December.
    3. Maria V. Sigova & Igor K. Klyuchnikov & Oleg I. Klyuchnikov, 2024. "Sustainability and Security of Green Finance from the Multi-agent Games Perspective," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 1, pages 78-95, February.
    4. Bell Raj Eapen & Vishwanath V. Baba & Maarif Sohail, 2023. "Evidence-Based Management: A Design Theory, Template, and Technology for a Knowledge Delivery Platform," Metamorphosis: A Journal of Management Research, , vol. 22(1), pages 73-84, June.
    5. Frizzo-Barker, Julie & Chow-White, Peter A. & Mozafari, Maryam & Ha, Dung, 2016. "An empirical study of the rise of big data in business scholarship," International Journal of Information Management, Elsevier, vol. 36(3), pages 403-413.
    6. Seddon, Jonathan J.J.M. & Currie, Wendy L., 2017. "A model for unpacking big data analytics in high-frequency trading," Journal of Business Research, Elsevier, vol. 70(C), pages 300-307.
    7. Shasha Liu & Bingjia Shao & Yuan Gao & Su Hu & Yi Li & Weigui Zhou, 2018. "Game theoretic approach of a novel decision policy for customers based on big data," Electronic Commerce Research, Springer, vol. 18(2), pages 225-240, June.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:jbkreg:v:14:y:2013:i:3:p:255-268. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave-journals.com/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.