XBRL Extension for Construction, Energy and Transportation  

FIBO™ is the open industry “common language” standard for defining the terms, facts and relationships associated with financial contracts.  FIBO™ covers financial instruments (product reference data), market data pricing and financial processes.

The EDM Council is the originator and steward of the Financial Industry Business Ontology (FIBO)™.  FIBO™ is a business conceptual ontology standard providing a description of the structure and contractual obligations of financial instruments, legal entities, market data and financial processes

Enterprise Data Management Council


The EDM Council is a 501(c)(6) non-profit trade association founded by the financial industry to elevate the practice of data management as a business and operational priority.  The Council is a leading advocate for the development and implementation of data content standards and the publication of data management best practices.

Work on Hand Report in FIBO

The construction industry Work on Hand Report has been incorporated into FIBO

SB-Data Symposium on Cybersecurity and FIBO, October 2015

More Information on

Financial Industry Business Ontology


Financial Industry Business Ontology

Enterprise Data Management Council Website

Financial Industry Business Ontology

Object Management Group website 

How FIBO will clean up Finance

Article - October 18, 2013

FIBO - A Common Language for the Financial Industry

Presentation - September 2014

FIBO - The Next Generation Data Standard for the Financial Industry

Surety Bond Data Symposium

on Cybersecurity and FIBO

October 2015

California Energy Commission

Local Government Challenge

Response utilizing FIBO

Enterprise Data World Conference -

Smart Grid Data Interoperability in Support of Surety Based Risk Management

Enterprise Data Management Council