This presentation describes a formal methodology for the creation, curation and deployment of business conceptual ontologies, based on the FIBO experience. A formal model theory is set out, describing the separate dimensions of any model. This is used to define the principles for ontologies that are to be used as conceptual models and how to determine their ontological commitments based on business needs. The methodology then describes how to use this kind of resource in a range of application architectures including ontology based applications, querying and reporting applications, risk and compliance management and the use of the conceptual ontology in conventional application data model development n in solving complex integration problems. Both the conceptual model principles and the different deployment architectures are illustrated with examples using FIBO.
• Principles for conceptual ontology creation
• Practical examples in different architectures, based on FIBO
• Ontology driven software engineering
• Ontology based applications
• Use of ontology in conventional applications and data architecture
• Addressing complex integration issues in financial firms