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edmcouncil / fibo

The Financial Industry Business Ontology (FIBO) defines the sets of things that are of interest in financial business applications and the ways that those things can relate to one another. In this way, FIBO can give meaning to any data (e.g., spreadsheets, relational databases, XML documents) that describe the business of finance.
https://spec.edmcouncil.org/fibo/
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Increase coverage and mapping ability for relating FIBO to the FFIEC NIC repository #1850

Closed ElisaKendall closed 1 year ago

ElisaKendall commented 1 year ago

This issue arose from a requirement from DARPA to map FIBO to the NIC repository in as high fidelity as possible.

Here is the NIC data dictionary: https://www.ffiec.gov/nicpubweb/content/DataDownload/NPW%20Data%20Dictionary.pdf

rivettp commented 1 year ago

Obviously at least part of this will need to be jurisdiction-specific e.g. the data dictionary includes the following

The term bank does NOT include the following types of institutions: (a) A bank organized under the laws of a foreign country and resident outside the legal boundaries of the United States, even if the bank has a U.S. presence

Maybe this would be a good opportunity to model the terms in their dictionary using MVF.

ElisaKendall commented 1 year ago

@rivettp Yes - the repository itself is defined in the NorthAmericanEntities module in FBC, but there may be some general bits and pieces that we would elevate.