Explore the creation of an open source data standard for financial services regulation in this 38-minute panel discussion featuring experts from Deutsche Bank, Braithwate, and Change Gap. Delve into the process of developing an open source taxonomy and ontology to categorize financial regulations and standardize data describing regulated firms' business profiles. Learn about regulatory ontologies, the game-changing potential of open source, value propositions, governance models, and industry collaboration. Discover key opportunities, questions, and use cases surrounding the proof of concept and framework. Gain insights into characterization, the Legend language, the ecosystem, regulator sentiment, and timing considerations for implementing this innovative approach to financial regulation standardization.
Creating an Open Source Data Standard for Financial Services Regulation