2024 Q2
Q2 2024 Release Notes
Q2 2024 Revisions Summary
This quarter the revisions were focused primarily on open issues and bug fixing, primarily in securities. Minor corrections were made in a number of areas across FBC and SEC. We also refactored securities restrictions, moving US-specific restrictions into a domain specific ontology and setting the stage for adding other jurisdiction-specific restrictions, such as MiFID II related rules, which we plan to add in Q3. Reference data, including FpML common interest rates and ISO MIC codes were also updated this quarter.
Business Entities (BE)
Changes to BE in Q2 were limited to revising the definition of investor to add a subclass relationship with contract party as part of SEC-113.
Business Process Domain (BP)
Revisions to the BP domain this quarter were limited to bug fixes.
Corporate Action and Events Domain (CAE)
There were no changes to the CAE domain area in the second quarter. We anticipate promoting two ontologies to release status next quarter, however, representing controlled vocabularies for corporate actions from ISO 20022 and the ACTUS Foundation.
Derivatives (DER)
Revisions to the DER domain this quarter were limited to bug fixes.
Financial Business and Commerce (FBC)
Revisions to FBC in Q2 include bug fixes and updates to the ISO MIC codes and related business centers.
Foundations (FND)
Revisions to the FND domain this quarter were limited to bug fixes.
Indicators and Indices (IND)
Revisions to the IND domain this quarter include bug fixes and updates to the FpML reference interest rates.
Loans (LOAN)
There were no changes to the LOAN ontologies this quarter. We anticipate launching a new FIBO working group starting this fall to flesh out coverage of mortgages, and related to that, mortgage backed securities (MBS). Please let us know if you are interested in participating in that effort, which we plan to launch in mid-September.
Market Data Domain (MD)
There were no changes to the Market Data domain area this quarter.
Securities (SEC)
The primary area of new work in Q2 was in the SEC domain. We've refactored the securities restrictions ontology to split out jurisdiction-specific content, added a new US securities restrictions ontology and augmented the content, and plan to add a similar EU securities restrictions ontology in Q3. Neither ontology is intended to be exhaustive, but rather to provide examples that can be extended using similar patterns, depending on the use case. We also addressed several outstanding smaller issues to clean up content as appropriate.
What's Changed
- SEC-196 - Revise the definition of ticker-symbol to broaden its scope by @ElisaKendall in https://github.com/edmcouncil/fibo/pull/2010
- SEC-138 - adjustable dividend rate needs reference to some sort of formula or benchmark by which it's adjusted by @ElisaKendall in https://github.com/edmcouncil/fibo/pull/2012
- GitHub-2015 - corrected bug for incorrect prefix on hasRole by @ElisaKendall in https://github.com/edmcouncil/fibo/pull/2017
- FBC-284 - The definition of Issuer should be adjusted to allow the same issuer to issue more than one by @ElisaKendall in https://github.com/edmcouncil/fibo/pull/2014
- FBC-320 - Revise the ISO MIC codes to reflect the latest updates from ISO by @ElisaKendall in https://github.com/edmcouncil/fibo/pull/2023
- IND-126 - Revise FpML reference rates to reflect the latest revisions as of June 2024 by @ElisaKendall in https://github.com/edmcouncil/fibo/pull/2025
- GitHub-2021 - Deprecated resources in use by @ElisaKendall in https://github.com/edmcouncil/fibo/pull/2027
- Fix to fractional seconds trailing zeros by @mereolog in https://github.com/edmcouncil/fibo/pull/2029
- SEC-113 - Add a new North American securities folder and related ontology covering US-specific securities regulations by @ElisaKendall in https://github.com/edmcouncil/fibo/pull/2020
Full Changelog: https://github.com/edmcouncil/fibo/compare/master_2024Q1...master_2024Q2