The Financial Industry Business Unified Model (FIBUM) is an umbrella of FIBO data model migrations.
Global Bank and Investment Servicers created the Financial Industry Business Ontology, FIBO, as an open-source industry standard for concepts, their relationships, and definitions. We used CODT, our patented (US12038939) Configurable Ontology to Data Model Transformation, to create the Financial Industry Business Data Model, FIB-DM.
FIB-DM is the bridge from semantic technologies to relational data management.
Over Three Thousand users have downloaded the Open-Source version of the FIBO Data Model already!
CODT creates an SAP PowerDesigner Conceptual Data Model (CDM). SAP is the market leader, and PowerDesigner is the most comprehensive tool for enterprise data architects.
However, many Financial Institutions use other data modeling tools, such as ERWin, Sparx EA, Visual Paradigm, ER/Studio, and IBM Infosphere DA.
Hence, the most frequently asked user question is, “How can I open FIB-DM in my data modeling tool?” This is a data model migration challenge.
Unfortunately, I only have PowerDesigner and can’t advise you on your migration. Jayzed Data Models Inc., the FIB-DM copyright holder, has no plans to offer the model in other formats. Third parties are welcome to publish their FIB-DM migrations Open Source and add a showcase of their capabilities here.
This website showcases two successful FIB-DM migrations to Sparx Enterprise Architect and IDERA’s ER/Studio.
The Semantic Model Driven Architecture (SMDA) places an Ontology Web Language (OWL) Business Conceptual Enterprise model at the apex.
Ontology-derived Logical Models specify design and detail for departmental and project requirements. The Unified model ensures common names, definitions, and design patterns across the enterprise.