Q4 2025 Release
Q4 2025 Release Notes
Q4 2025 Revisions Summary
This quarter we continued work to clean up the funds area, and have recruited domain expertise from a number of large and medium sized funds to help us make progress starting in January. After significant discussion, we added and/or moved a number of roles around and redefined them, mainly from the CIV ontology to the Funds ontology. Others were removed after confirming with our expert SMEs that the terms were not commonly used. We also addressed a number of smaller issues, including some raised by FIBO users related to goals and business objectives. We also updated the ISO MIC codes in FBC as usual. The detailed changes made this quarter are highlighted below.
Note that a number of deprecated concepts were eliminated in this release, notably those associated with the OMG Commons 1.2 revision. New terms from the Commons 1.3 revision were integrated into FIBO in Q4, which resulted in additional deprecations. Users should be aware of this change when downloading and integrating the FIBO Q4 release.
Business Entities (BE)
In Q4, several issue resolutions touched on the Business Entities domain area. The primary modification to BE involved combining the Corporations ontology into Corporate Bodies, deprecating the remaining elements in Corporations. These deprecated elements will be maintained for at least 3 quarters before they are eliminated entirely, however. Roles related to fund management that were more general, such as external auditor, were added to BE. A number of EU-specific government entities were added based on requirements from FIBO users. A few remaining uses of hasJurisdiction from BE GovernmentEntities were replaced with their equivalent now in Commons 1.3, and revisions to reflect the changes published in OMG's Commons 1.3 library were also made. Finally, some elements deprecated with the changes made in Commons 1.2 over a year ago were removed.
Business Process Domain (BP)
No changes were made to the Business Process Domain in Q4 2025.
Corporate Action and Events Domain (CAE)
Primary changes made to the CAE domain in Q4 involved additional clean up of the CIV ontology, merging some concepts into Funds as appropriate.
Derivatives (DER)
Limited changes were made to the Derivatives Domain area this quarter, including addressing issues related to merging Corporations into Corporate Bodies and clean-up of old deprecations.
Financial Business and Commerce (FBC)
In Q4, changes to the FBC ontologies included addressing issues related to merging Corporations into Corporate Bodies, clean-up of a few remaining uses of hasJurisdiction from BE GovernmentEntities, clean-up of old deprecations, and integration of content now available in Commons 1.3. We also updated the ISO MIC codes to reflect the latest revision (i.e., December 2025).
Foundations (FND)
This quarter new concepts were added to the Goals and Objectives ontologies including aim and approach as parents of certain subclasses as well as the notion of a study, per FIBO user request. We also cleaned-up old deprecations, and integrated content now available in Commons 1.3, such as sites and facilities.
Indicators and Indices (IND)
The primary change to IND in Q4 involved replacing elements from Corporations with their equivalent in Corporate Bodies. We also cleared out a few old deprecations this quarter.
Loans (LOAN)
In Q4, changes to the LOAN domain area include cleaning-up old deprecations, and integrating content now available in Commons 1.3. Some of the new content in Commons impacted definitions for sites and facilities in FND as well as real property, which certain real estate related loans depend on.
Market Data Domain (MD)
No changes were made to the Market Data Domain in Q4 2025.
Securities (SEC)
In Q4, changes to the Securities ontologies included addressing issues related to merging Corporations into Corporate Bodies, clean-up of a few remaining uses of hasJurisdiction from BE GovernmentEntities, clean-up of old deprecations, and integration of content now available in Commons 1.3. We also continued clean up work related to funds, including integration of new roles in the funds ontology and the addition of external auditor to BE.
What's Changed
- BE-259 - Pointless and unclear differentiation between CorporateBodies and Corporations by @ElisaKendall in https://github.com/edmcouncil/fibo/pull/2177
- BE-262 - Need to add EU government entities in support of IDMP-O and other projects such as the retail industry ontology by @ElisaKendall in https://github.com/edmcouncil/fibo/pull/2180
- SEC-213 - Include fund manager, fund administrator, and external auditor as roles that apply to funds by @ElisaKendall in https://github.com/edmcouncil/fibo/pull/2182
- FND-399 - Revise FIBO ontologies to eliminate deprecations that are more than 3 quarters old by @ElisaKendall in https://github.com/edmcouncil/fibo/pull/2185
- FND-401 - Update FIBO to incorporate ontologies added in Commons 1.3 by @ElisaKendall in https://github.com/edmcouncil/fibo/pull/2188
- FND-402 - Introduce a parent concept for goal and objective by @ElisaKendall in https://github.com/edmcouncil/fibo/pull/2191
- FND-400 - Need the concept of a study by @ElisaKendall in https://github.com/edmcouncil/fibo/pull/2193
- FBC-340 - Revise the ISO MIC codes to reflect the latest updates from ISO by @ElisaKendall in https://github.com/edmcouncil/fibo/pull/2194
Full Changelog: https://github.com/edmcouncil/fibo/compare/master_2025Q3...master_2025Q4