What does FIBO stand for?

The Financial Industry Business Ontology (FIBO) is the industry standard resource for the definitions of business concepts in the financial services industry. It is developed and hosted by the Enterprise Data Management Council (EDMC) and is published in a number for formats for operating use...

Is FIBO a standardized language?

It is also standardized by the Object Management Group (OMG). FIBO is developed as an ontology in the Web Ontology Language (OWL). The language is codified by the World Wide Web Consortium (W3C), and it is based on Description Logic.

Who is the sponsor of FIBO?

FIBO is hosted and sponsored by the Enterprise Data Management Council (EDMC) and is published in a number of formats for operating use and business definitions. FIBO is a trademark of EDM Council, Inc. It is also standardized by the Object Management Group (OMG). FIBO is developed as an ontology in the Web Ontology Language (OWL).

What is FIBO 2023?

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