The EDM Council has completed the ontology work necessary to add corporate actions to its Semantics Repository, and now plans to work with the Object Management Group (OMG) to make the repository an ontology standard.

This interesting information was found on Waters Technology in their article, “EDM Council Adds Corporate Actions to Semantics Repository.”  This is the next step from earlier this year when the EDM Council and the OMG joined forces to facilitate the expansion and standardization of the Semantics Repository, and set up a semantics joint working group to establish the strategic, technical steps and deliverables necessary to maintain the semantics repository as an OMG standard. The final corporate actions ontology work will be presented to subject matter experts in September.

Melody K. Smith

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