Getting Business Value from Semantic Models 12 March, 2012 Pete Rivett, CTO Adaptive, OMG Board and Architecture Board pete.rivett@adaptive.com Adaptive Leader in Enterprise Repository Technology Leader in MDA and OMG standards Selected by EDMC to manage FIBO In use by blue chip companies in information-intensive industries: – Banking – Insurance – Medical – Telecoms © 2012 Adaptive, Inc., All Rights Reserved 2 Motivation New capabilities are great but people will not throw away existing investments Need a solution that will add value to what people are using today Value regardless of whether the platform is traditional or semantics-based © 2012 Adaptive, Inc., All Rights Reserved 3 Model Driven Architecture MDA Distilled Security, Performance, Testing, Compliance Modeling Application, Service, Event Modeling Information Modeling Process Modeling Business Modeling (motivation, Intent..) MDA is an approach not a standard Coalesces best modeling practices with a unifying model framework Code generation is not essential Advocates investment in models not code Other. . MOF/XMI Facilities for defining, interchanging, transformation and managing All models and metamodels © 2012 Adaptive, Inc., All Rights Reserved 4 Models Across the Enterprise Stewardship Visualization Strategic Planning Change Business Terms Business Rules mapping Logical / Physical Models Import Export Glossary Policies Data Rules mapping Process Models Application Portfolio Metrics RDBMS XML OO Record Physical Physical Schemas Models Data Quality Transformation mappings Security Reports Reports OLAP BI Versioning © 2012 Adaptive, Inc., All Rights Reserved Collaboration 5 Enable Different Roles Producers and Consumers of a Business Glossary Legal, Compliance Subject Matter Experts Define the P&C Concepts, Rules Vendors, System Integrators, Partners.. Business Glossary, Rules Business Process Modelers Business Analysts, Data Modelers, DBAs, Data Integration, Data Quality, ETL Users Application, Service Developers Business Glossary <> Information Models Business Glossary, Rules Conceptual Model / Ontology OWL, RDF… Logical Data Model (LDM) XMI Relational Model DDL Dimensional Model DDL XML Schema Model XSD Traceability © 2012 Adaptive, Inc., All Rights Reserved 6 Steps You Can Start Today Import FIBO - or any semantic model Use as basis of business vocabulary – Extend with or map to local dictionaries Harvest existing models and technology – Operational Databases – Data warehouses – Applications – Data models – Data movement – Message formats (XML Schemas) – Business reports Map models to FIBO according to business priority © 2012 Adaptive, Inc., All Rights Reserved 7 Enterprise IT Landscape © 2012 Adaptive, Inc., All Rights Reserved 8 How does a Risk Officer Benefit? © 2012 Adaptive, Inc., All Rights Reserved 9 Adaptive Management Capabilities Views – Role-based Visualization – A model tells a thousand pictures Collaboration Versioning and workspaces Access control Workflow for governance Events with subscription Auditing Integration – Proprietary and standard-based – Harvesting and generation © 2012 Adaptive, Inc., All Rights Reserved 10 FIBO Repository Environment (from FIBO standard) © 2012 Adaptive, Inc., All Rights Reserved 11 Overall Solution © 2012 Adaptive, Inc., All Rights Reserved 12 Benefits Add semantic dimension to existing technology Make it easy to understand and integrate – While retaining technical rigor Enable collaboration and governance Reconcile silo’d definitions in departments, XML Schemas, data models – and even different standards Data quality defined in one place Ability to flag data movement issues Regulatory compliance (your definition is the regulator’s) © 2012 Adaptive, Inc., All Rights Reserved 13 Summary You don’t need to wait Using OMG standards, including ODM, you can integrate ontologies with existing enterprise technologies And manage it in one place Provide stability as technology changes over time © 2012 Adaptive, Inc., All Rights Reserved 14