State Street Bank, The EDM Council, Dun & Bradstreet, Wells Fargo and Cambridge Semantics completed an engagement to harmonize State Street's Interest Rate Swap data with Dun & Bradstreet's entity hierarchy data using the Financial Industry Business Ontology (FIBO) and Cambridge Semantics' Anzo Smart Data LakeĀ®.
The objectives of this project included demonstrating the ability of FIBO to rapidly harmonize disparate data sources for both conventional analytics as well as more advanced visualization, classification and risk aggregation, and to show that FIBO can be operationalized today.
Project Participants and Roles:
Selected findings from the project included:
Read also: A New Approach to BCBS 239 and Beyond
Project Architecture:
The project approach included 4 main steps, all done without any coding:
You can learn more about this project by attending any of the upcoming EDMC member meetings.
To learn more about the Anzo Smart Data Lake, download our white paper here.