Financial institutions around the world struggle to establish a common vocabulary that describes the structure and contractual obligations for financial instruments, legal entities, and financial processes. The FIBO vocabulary created by the EDM Council and validated by financial industry subject matter experts provides the financial services industry with a shared meaning about financial instruments and processes for the alignment of internal repositories and to support both regulatory and business reporting.
Semaphore’s Semantic AI platform, lets financial organizations precisely and consistently identify and tag all of their information assets so they can effectively manage information, comply with governmental regulation, and implement information governance best practices that provide consistency and transparency for their data.
To learn how Semaphore helps organizations take the FIBO vocabulary and put it work within the enterprise, download our complimentary FIBO value statement.