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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.
Member Companies
Alacra, Inc.
Alberta Investment Management Corp.
Ally Financial
Ameriprise Financial / Columbia Management
Australian Securities Exchange
Banco de Mexico
Bank of America Corporation
Bank of Montreal
Bank of New York Mellon Corporation
Bank of Tokyo Mitsubishi UFJ, Ltd
Barclays Bank PLC
Bloomberg PolarLake
Booz Allen Hamilton
British Colombia Securities Commission
Broadridge Financial
Brown Brothers Harriman & Co.
Cambridge Semantics Inc.
Canada Pension Plan Investment Board
Canadian Imperial Bank of Commerence
CapGemini Financial Services
Capital One
CIT Group, Inc.
Citigroup Inc.
CMMI Institute
Commodity Futures Trading Commission
Commonwealth Bank
Credit Suisse Group AG
Data Management Consultancy Services Ltd
Deutsche Bank AG
Dun & Bradstreet
Eaton Vance Investment Managers
Ernst & Young Global Limited
Factset Research Systems
Fannie Mae
Federal Deposit Insurance Corporation
Federal Reserve Bank of New York
Fidelity Investments
Financial Conduct Authority (FCA)
Franklin Templeton Investments
Freddie Mac
GE Asset Management
Genpact Headstrong
GoldenSource Corporation
Goldman Sachs & Co
HSBC Group
IBM Corporation
Informatica Corporation
Intact Investment Management Inc.
Interactive Data Corporation
Invesco Ltd
InvestTech Systems Consulting
JP Morgan Chase & Co
Kingland Systems Corp.
M&G Limited
MakoLab SA
Manufacturers Life Insurance Company
Markit Financial Information
Mizuho International
Moody's Investors Service
Morgan Stanley
MorganFranklin Consulting
Mouvement Desjardins
Mphasis Corp
Mu Sigma
National Australia Bank
National Bank of Canada
Nationwide Building Society
NGAM Advisors, L.P.
Nicola Wealth Management
Noetic Partners
Nomura Holdings, Inc.
Nordea Bank AB
Northern Trust Corporation
NYSE Technologies
Oaktree Capital Management
Object Management Group
Office of Financial Research, U.S. Treasury Department
Olmstead Associates
Ontario Securities Commission
Ontario Teachers' Pension Plan
Orchestra Networks, Inc.
PNC Financial Services Group
PSP Investments
Raymond James & Associates, Inc.
Royal Bank of Canada
Royal Bank of Scotland Group Plc
SEI Investments Company
SmartStream Technologies
Société Générale
Standard & Poor's Financial
Standard Chartered Bank
Standard Life Investments Limited
State of Wisconsin Investment Board
State Street Corporation
SunGard Financial Systems
SVB Financial Group
T. Rowe Price Associates, Inc.
TD Ameritrade
TD Securities
Tech Mahindra
The World Bank Group
Thomson Reuters
Trillium Software
University College Cork (GRCTC)
Vanguard Group
Wells Fargo & Company
Wipro Technologies

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Program of Work


The EDM Council is a global advocate for the development and implementation of the standards-based infrastructure needed for effective data management.  The Council originated and is the steward of the Financial Industry Business Ontology (FIBO) – the common language standard for defining the terms, facts and relationships associated with financial contracts.  The Council is also an active participant in the development of standards for the unique and precise identification of financial instruments and business entities.

FIBO Foundations and Business Entities Unanimously Approved by OMG

All official components of the EDM Council/OMG FIBO standard can be found at

Financial Industry Business Ontology
FIBO Semantics Repository

Industry Best Practices

The EDM Council documents and publishes best practices in data management.  We have licensed our core content and best practices documentation to the CMMI Institute of Carnegie Mellon University to produce the Data Management Maturity (DMM) assessment methodology.  The DMM defines requirements, capabilities and measurement criteria on data management strategy, business case, governance, standards, and data quality management.  In addition to best practices, the Council performs industry benchmarking studies and tracks progress in the practice of data management.

Data Management Maturity Model


The EDM Council is a trusted subject matter expert on the issues associated with data management.  We provide consultation and advice to members, regulators and market authorities on the data implications associated with legislative and regulatory obligations.  Our goal is to help all financial industry participants understand the practical data and standards implications associated with legislative and regulatory requirements.  We are members of numerous regulatory, standards and industry advisory bodies and are working to implement regulation that supports the business and operational needs of financial institutions as well as the oversight requirements of market authorities.


Business Networking

The Council is managed as a neutral business forum for financial institutions, data vendors, technology companies, strategic consultants, software providers, academia, regulators and market authorities.  We provide a mechanism for all segments of the global financial information industry to meet and establish business relationships. We host networking receptions, facilitate introductions and connect members to advance the practice of data management. We are proud to be recognized as the global meeting ground for the financial industry.