Toward an ontology for financial informatics

Mark D. Flood

Abstract

We define requirements for a data-modeling ontology appropriate for describing the metadata for contractual data on financial terms and conditions (T&C). While financial T&C metadata are typically highly unstable, higher-level abstractions are constrained by the problem domain, and are, therefore, quite stable. A crucial requirement, raised by Flood (2006) as part of the “numeraire” data integration pattern, is for an architecture that exposes low-level metadata (the ontological metamodel) for editing by business-domain experts while freezing higher-level abstractions (the meta-metamodel) to facilitate programmatic access. Programmatic analysis should include functionality such as autogeneration of documentation, validation logic, SQL and XML data models, metamodel versioning, and inter-model data mapping logic.

Keywords: Semantics; Modeling

Toward an ontology for financial informatics

Mark D. Flood

Extreme Markup Languages 2007® (Montréal, Québec)

This paper is not represented in the conference proceedings.