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eccenca joins Enterprise Data Management Council

01-28-2016 09:39 AM CET | IT, New Media & Software

Press release from: eccenca GmbH

/ PR Agency: Wordfinder
eccenca, a German software company for metadata management, is pleased to announce that they joined the Enterprise Data Management (EDM) Council.

EDM council is a non-profit association of financial institutions and service companies that aims to elevate the practice of data management in the financial industry. One of the key initiatives of EDM Council is FIBO – the Financial Industry Business Ontology. FIBO is a formal description of the domains relevant to the financial industry and fully in line with eccenca’s approach of data management and integration.

eccenca shared the EDM Council to provide their expertise in data virtualization and metadata management using semantic technologies. Chris Brockmann, CEO of eccenca says: "We see a perfect match of the current regulatory challenges that the financial industry faces with our technological capabilities. The big data challenge in banking from a regulatory viewpoint is tackling variety and veracity: Flexible analytics across un-conciliated transactional data with clear traceability of results."

Dennis E. Wisnosky, Senior Advisor and FIBO Project Manager at EDM Council states: "We are pleased to welcome eccenca as a member of the EDM Council and looking forward to a productive collaboration. Semantic web and linked data management tools as well as ontology and data modeling skills are eccenca’s expertise and their help is very welcome." And Mike Bennett, Head of Semantics and Standards at EDM Council adds: "Eccenca’s Linked Data Suite Big Data solution is combining big data analytics and semantic knowledge graphs. This combination yields incredible potential and makes for a powerful example of a FIBO ontology implementation."

eccenca GmbH is a German software company for metadata management. eccenca's technology helps companies to integrate their data silos and dynamically add context for unmatched analytical flexibility and cost effectiveness.

eccenca GmbH
Hans-Christian Brockmann
Hainstrasse 8
04109 Leipzig
Germany
www.eccenca.com

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