SEC-119 - Need to bring in classification schemes that are used by the SEC and other regulators for classifying shares

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/

MIT License

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SEC-119 - Need to bring in classification schemes that are used by the SEC and other regulators for classifying shares #1982

Closed ElisaKendall closed 6 months ago

ElisaKendall commented 7 months ago

Description

added the ICB benchmark and scheme managed by FTSE Russell to securities classification
added the GICS classifier (code) and scheme managed by S&P to securities classification

Fixes: #1981 / SEC-119

Checklist:

[x] I'm familiar with the FIBO developer quide. My contribution meets all the requirements described there.
[x] My contribution follows the principles of best practices for FIBO.
[x] My changes have been reconciled with latest master and no merge conflicts remain.
[x] This PR is related to exactly one issue. The issue is referenced by using a GitHub keyword such as "fixes", "closes", or "resolves".
[x] Hygiene tests have been applied by a PR with "(WIP)" in title.
[x] The issue has been tested locally using a reasoner (for ontology changes).

rivettp commented 6 months ago

a) are we planning/do we want to have individuals for all the classifications? What about mappings between them? b) not sure classes such as IndustrySectorClassificationScheme should be specific to FIBO let alone Securities. There are plenty such in broader use e.g. NAICS, SIC, ISIC c) are these codes also controlled vocabularies that should/could use MVF?

ElisaKendall commented 6 months ago

a) are we planning/do we want to have individuals for all the classifications? What about mappings between them? b) not sure classes such as IndustrySectorClassificationScheme should be specific to FIBO let alone Securities. There are plenty such in broader use e.g. NAICS, SIC, ISIC c) are these codes also controlled vocabularies that should/could use MVF?

@rivettp - we haven't said that we would do that, just include the reference to the scheme at the moment. The classes describing industry sector classification scheme and classifier are in FND. The two included here are specific to securities. Ultimately if we decide to include the reference data, I would want to use Commons/MVF to do that.