Hypercube works in the financial sector to deliver business domain modelling, data architecture, mapping and systems integration services. Our focus is developing an understanding of the business meanings of data elements and messaging terms across the organisation.
We deliver this using the latest Semantic Web technology, including ontology, taxonomy modelling, business process and choreography. These models make up the formal requirements for development of message and database technology delivery.
We have developed a business-readable format for capturing and displaying business meanings for data terms. The output is presented on spreadsheets and simple block diagrams, with no technical formatting or arcane graphical language. This provides an easily readable graphical summary for business domain experts to review and validate the content of data models. The end result is a formal "Requirements management" framework for data terms and relationships.
This is structured in line with the semantic web language for capturing business semantics (known as OWL) so that the content can be used in development and design of data structures and messaging.
By understanding the meaning of data terms across the organisation clients can integrate systems, re-use data and communicate more effectively, providing the best return on the value of your data assets.
We believe our approach is the key to enterprise data management. It allows optimal use of data resources, effective and future-proof systems integration and transparent end-to-end communication across the entire supply chain.
In April 2008, the Enterprise Data Management Council (EDMC) appointed us to develop a global Financial Industry Business Ontology (the Semantics Repository). Mike Bennett is now engaged full time with the EDM Council to complete this industry resource.
As of December 2010 work is ongoing in collaboration with the Object Management Group (Finance Domain Task Force) to elevate the Semantics Repository to an OMG standard for use by the industry.
Full background and details of this work can be found in this Slide deck which was presented to the OMG's Ontology PSIG at the OMG Quarterly Meeting in Salt Lake City, Utah in June 2011.