6      Business Terms

Business terms are individual terms present in a glossary. It includes a definition and several attributes that provide a complete description of the glossary.

Additionally, Business Terms provide associated knowledge, such as the user responsible for the term, the associated metrics, correct usage of the term, related terms, list of possible values for the term, and so on. OFSAA Glossary includes all the terms related to risk, performance, compliance, and insight pre-packaged with all the relevant information in them.

User Roles and Actions

All users are required to be mapped to the DGSAUTHGRP, DGSADMINGRP, and DGSANALYSTGRP groups along with their respective groups.

The following is the user role for Business Terms:

·        Business Term Viewer: Permits the user to view the Business Terms.

Viewing a Business Term

To view a Business Term, follow these steps:

1.     From the Regulatory Reporting Data Sets and Governance for Asia Pacific and Middle East Jurisdictions window navigate to Standards and Policies and select Business Terms.

Figure 91: Standards and Policies – Business Terms

This illustration shows the navigation to the Standards and Policies – Business Terms starting from OFSAA and then selecting the Standards and Policies menu.

2.     The Business Terms window is displayed.

Figure 92: Business Terms

This illustration shows the individual terms present in a glossary. It includes a definition and several attributes that provide a complete description of the glossary 

3.     In the Search section, enter the search details and click  to view the results in the summary table.

a.     Enter the required Business Term.

b.     Select the Status from the drop-down list. The status can be Draft, Pending Approval, or Active.

c.     Select the Subject Area from the drop-down list.

Figure 93: Business Terms Search

This illustration shows the search results in Business Terms.

4.     To view a Business Term, select a Business Term from the Summary table and click icon.

Figure 94: Business Terms - View

This illustration shows the View icon to select and View a Business Term.

5.     In the Business Term Details window, you can view the following Details:

Table 19: Business Term Details

Fields

Description

Term

Name of the Business Term.

Annotate

A reference text for additional information on Business Term.

Definition

Brief description of the Business Term.

Keywords

Values to be used as keywords that are used to search the Business Term.

Glossary

Glossary Name.

Subject Area

Subject Area Name.

Critical Data Element

Glossary term is a critical data element or not.

Domain

Alphanumeric, Date, or Numeric.

 

Figure 95: Business Term Details

This illustration shows the fields under Details tab.

6.     In the Contextual Definition window, you can view the following details:

Table 20: Contextual Definition

Fields

Description

Context Name

Related to other glossary identifiers (multiple contextual definitions for the glossary term).

Context Definition

Contextual definition of the glossary term from the perspective of source or application.

Context ID

A system-generated number.

Usage Term Name

The name of the context in which the term is used.

 

Figure 96: Business Term Contextual Definition

This illustration shows the fields under Contextual Definition tab.

7.     You can also view the Related Business Terms and List of Values associated with the Business Term.

The definition of Business Terms is generally designed to produce a common understanding of the meaning of the term for the entire organization irrespective of the business function. These are standard definitions and do not define the usage of the term in a specific context.

The Usage Term of Business Terms explains the terminology in the context of its usage. A terminology can have one or more usage terms based on the number of use cases that it applies to in the organization. Each usage of that particular term has its explanation of how and why it is used, along with the list of values for that specific context.

Figure 97: Related Business Terms and List of Values

This illustration shows the usage of the particular term and has its explanation of how and why it is used, along with the list of values for that specific context.

8.     In the Summary Table, you can search for a particular Business Term from the summary table.

9.     For example, enter a search keyword “Code”, the table lists the results with the matching keyword.

Figure 98: Business Terms Search

This illustration shows summary table which lists the results with the matching keyword.

10.  To export the summary table into an Excel or CSV file, in the Summary Table, click the Export drop-down .  This downloads Business Term Summary details.