Rapidly growing data volumes, increasingly diverse sources of internal and external data, and ever-changing regulatory demands are all straining the capabilities of traditional enterprise data management approaches.
Boston, MA (PRWEB) June 10, 2013
Later this month, Cambridge Semantics will join industry leaders, regulators and other solution providers to discuss the issues facing financial services organizations and the innovative new solutions available at the 2013 SIFMA Tech event. Held June 18th through the 19th in New York City, Cambridge Semantics will present during a “Learning Labs” session and highlight how semantic data standards such as the Financial Industry Business Ontology (FIBO) can be applied to transform how financial organizations work with data.
Tuesday, June 18th at 11:00 am EST
Title: “The Emerging Approach to Enterprise Data Management using Semantics & FIBO, The Financial Industry Business Ontology”
Presented by Marty Loughlin, Vice President of Financial Services, Cambridge Semantics
Wall Street and Technology reports that 92% of financial services business costs are "data" related. Rapidly growing data volumes, increasingly diverse sources of internal and external data, and ever-changing regulatory demands are all straining the capabilities of traditional enterprise data management approaches.
During the event, Cambridge Semantics will discuss how FIBO and other semantic data standards offer a new paradigm for improving how financial organizations work with data. The Learning Lab session will also explore how explicitly capturing data's semantics (business meaning, rules, context, quality) can impact all phases of the enterprise data management lifecycle from data acquisition to data management to data distribution. In addition, examples of semantic data standards in action in areas such as fraud detection, research management, master data/entity management and insider trading investigation will be featured.
To learn more about Cambridge Semantics, visit http://www.cambridgesemantics.com.
About Cambridge Semantics
Cambridge Semantics provides the award-winning Anzo software suite, an open platform for building interactive Unified Information Access (UIA) solutions. Enterprises face an increasing need to rapidly discover, understand, combine, and act on data from diverse sources both from within and across organizational boundaries. Anzo makes it easy for both IT and end users to deal with this need by rapidly creating solutions that leverage unified access to structured and unstructured data from varied sources in the context of specific business problems.
Cambridge Semantics is privately held and based in Boston, Massachusetts. For more information, visit http://www.cambridgesemantics.com or follow us on Twitter @CamSemantics.