The website provides educational articles, class videos, and PowerPoint presentations about CODT.
A brief history of the transformation technology.
In my 20 years of experience as a data architect at major financial institutions, I have always advocated for industry reference models.
Ten years ago, working at Deutsche Bank on Wall Street, a colleague pointed me to the new emerging standard, the Financial Industry Business Ontology (FIBO).
Instantly, I recognized the advantages of higher semantics in Ontology Web Language (OWL) and the elegant design and comprehensive FIBO content, which are far superior to vendor models.
How could I leverage the industry-standard ontology as a blueprint for my data modeling work at the bank? Ontology classes for data model entities, and properties to connect them, but the manual copy & paste, limited metadata extracts, and import into the data modeling tool were tedious and error-prone.
Then came COVID-19, and I had plenty of time at home in Vermont to semi-automate the transformation process. I extracted all metadata from FIBO into MS Excel and imported the worksheets into the data modeling tool SAP PowerDesigner. The first version of the Financial Industry Business Data Model (FIB-DM) was released in 2019. The initial Excel transformation still required complex formulas and manual copying from one worksheet into another.
The first robust production release, nicknamed Atlantic, was released in 2020. It standardized the CODT Metadata Sets and used MS PowerQuery with its 4GL language to make them self-populating.
Finally, the United States Patent and Trademark Office issued the CODT patent. No longer a trade secret, the technology became available for larger financial institutions to transform their customized FIBO and other ontologies into data models.
This and related websites
The Technology menu on this website includes ontology transformation videos and an in-depth article. The Patent menu covers an introduction, a user-friendly version of the specification, drawings, claims, and FAQ.
The Financial Industry Business Data Model (FIB-DM) site provides education videos, E/R diagrams, and articles about the FIBO Data Model. You can download the free open-source version.
Jayzed Data Models Inc. holds the FIB-DM copyrights and is the designated patent assignee. The Jayzed website shares the templates for the Intellectual Property and Patent Rights License Agreements.
You are welcome to send a note with your questions about CODT and to connect on LinkedIn.
Jurgen Ziemer, Ontologist and Data Architect, jziemer@jayzed.com, +1 646-847-2512