Financial Information Observation System (FIOS)

Benedikt Kämpgen
FZI Forschungszentrum Informatik, Germany
Andreas Harth
AIFB, Karlsruhe Institute of Technology, Germany
Sean O’Riain
DERI, National University of Ireland, Galway
Tobias Weller
AIFB, Karlsruhe Institute of Technology, Germany
Craig Weber
Financial Intelligence, LLC, Los Altos, CA

Introduction

There is an every-increasing amount of data available, which enterprises can leverage to their competitive advantage. While decision makers require an integrated view over information, relevant data typically originates from a vast variety of disparate sources.

The Financial Information Observation System (FIOS) provides a web-based Online Analytical Processing (OLAP) interface for multi-company analysis over an integrated dataset, consisting of XBRL data from the Security and Exchange Commission (SEC) and the Federal Financial Institutions Examination Council (FFIEC) as well as open web data from Wikipedia/DBpedia and Freebase.

With FIOS we show how to merge XBRL data (from SEC EDGAR and the FFIEC) with freely-available Semantic Web data (from Wikipedia and Freebase). Our system uses increasingly popular Linked Data principles for accessing and encoding data. We use standard open-source tools to transform and make openly available SEC EDGAR and FFIEC data according to Linked Data principles, and to collect and integrate data from various sources. The FIOS user interface abstracts the underlying RDF data format of Linked Data away from the user and bases interaction on intuitive and interactive operations on well-known OLAP data cubes and operations.

FIOS Resources

Acknowledgements

Work on FIOS has been funded by the Science Foundation Ireland under Grant No. SFI/08/CE/I1380 (Lion-2); the EU FP7 Activity ICT-4-2.2 under Grant Agreement No. 248458, Multilingual Ontologies for Networked Knowledge (MONNET); the EU Network of Excellence PlanetData (ICT-NoE-257641) project; and the German Ministry of Education and Research (BMBF) within the SMART project (Ref. 02WM0800).