The Experts below are selected from a list of 29307 Experts worldwide ranked by ideXlab platform
Rachel Pottinger - One of the best experts on this subject based on the ideXlab platform.
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challenges in resolving semantic heterogeneity with the global Legal Entity identifier system
Proceedings of the International Workshop on Data Science for Macro-Modeling, 2014Co-Authors: Ting Li, Victoria Louise Lemieux, Rachel PottingerAbstract:The Legal Entity Identifier (LEI) is an initiative to uniquely identify different companies and entities in financial transactions. This effort is crucial to increasing transparency in the financial global financial system, but it is complicated by the semantic heterogeneity caused by the different organizations involved in creating the LEIs. In this paper we describe the nature of the problem and possibilities for improving the current situation of LEIs.
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DSMM - Challenges in Resolving Semantic Heterogeneity with the Global Legal Entity Identifier System
Proceedings of the International Workshop on Data Science for Macro-Modeling - DSMM'14, 2014Co-Authors: Ting Li, Victoria Louise Lemieux, Rachel PottingerAbstract:The Legal Entity Identifier (LEI) is an initiative to uniquely identify different companies and entities in financial transactions. This effort is crucial to increasing transparency in the financial global financial system, but it is complicated by the semantic heterogeneity caused by the different organizations involved in creating the LEIs. In this paper we describe the nature of the problem and possibilities for improving the current situation of LEIs.
Linda F Powell - One of the best experts on this subject based on the ideXlab platform.
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creating a linchpin for financial data toward a universal Legal Entity identifier
Journal of Economics and Business, 2012Co-Authors: John A Bottega, Linda F PowellAbstract:The financial industry, like many others, is powered by information and data. While the subjects of the data (balance sheet items or counterparty information, for example) may vary dramatically, they all describe a particular financial institution or Legal Entity. Yet a standard way to uniquely identify one financial Entity from another does not currently exist. A Social Security number distinguishes one John Smith from another John Smith, but at present no single identifier distinguishes one First National Bank from another. This paper summarizes the current environment of Entity identification and the problems that are currently encountered in both the private and public sectors by the lack of an industry-wide Legal Entity identifier (LEI). The key components that should be incorporated into the LEI, such as uniqueness, persistence, and public availability, are explored and possible alternative approaches to solving the LEI problem evaluated. The authors support a collaborative public- and private-sector approach and highlight the need for an international solution as financial markets grow ever more interconnected across the globe.
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Legal Entity identifier what else do you need to know
Social Science Research Network, 2011Co-Authors: Linda F Powell, Mark Montoya, Elena ShuvalovAbstract:The passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act sparked discussion of creating a systematic code that uniquely identifies an Entity. This code is commonly referred to as a Legal Entity identifier (LEI). The information that is collected to accompany and describe the LEI will play an important role in enhancing the usefulness of the LEI. This paper explores the information (referred to as reference data) commonly used in datasets that describe entities and evaluates the usefulness of reference data elements for uniquely identifying an Entity and for monitoring systemic risk in the financial industry.
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creating a linchpin for financial data toward a universal Legal Entity identifier
Social Science Research Network, 2011Co-Authors: John A Bottega, Linda F PowellAbstract:The financial industry, like many others, is powered by information and data. A number of government agencies, quasi-government agencies, and private companies collect, process, use, and distribute information about a variety of players in the financial world. While the subjects of the data (balance sheet items or counterparty information, for example) may vary dramatically by agency and use, they all describe a particular financial institution or Legal Entity. Yet a standard way to uniquely identify one financial Entity from another does not currently exist. A Social Security number distinguishes one John Smith from another John Smith, but at present no single identifier distinguishes one First National Bank from another. Several private companies have developed proprietary identifiers created for their own purposes but none of those identifiers are industry-wide, universal, or strictly focused on identifying a specific institution. ; A diverse group of analysts from the Board of Governors of the Federal Reserve System, Federal Reserve Bank of New York, Commodity Futures Trading Commission (CFTC), Federal Deposit Insurance Corporation (FDIC), Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC), and Treasury have developed guidelines detailing the best way the industry might create, develop, and maintain such a crucial identifier. The paper summarizes the current environment of Entity identification and the problems that are currently encountered in both the private and public sectors by the lack of an industry-wide identifier. The paper identifies the key components that should be incorporated into the LEI such as uniqueness, persistence, and public availability. The paper identifies possible alternative approaches to solving the LEI problem and supports a collaborative public and private sector approach. The paper also considers the need for an international solution, as financial markets grow ever more interconnected across the globe.
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creating a linchpin for financial data the need for a Legal Entity identifier
IASSIST Conference, 2010Co-Authors: John A Bottega, Linda F PowellAbstract:The financial industry, like many others, is powered by information and data. A number of government agencies, quasi-government agencies, and private companies collect, process, use, and distribute information about a variety of players in the financial world. While the subjects of the data (balance sheet items or counterparty information, for example) may vary dramatically by agency and use, they all describe a particular financial institution or Legal Entity. Yet a standard way to uniquely identify one financial Entity from another does not currently exist. A Social Security number distinguishes one John Smith from another John Smith, but at present no single identifier distinguishes one First National Bank from another. Several private companies have developed proprietary identifiers created for their own purposes but none of those identifiers are industry-wide, universal, or strictly focused on identifying a specific institution. A diverse group of analysts from the Board of Governors of the Federal Reserve System, Federal Reserve Bank of New York, Commodity Futures Trading Commission (CFTC), Federal Deposit Insurance Corporation (FDIC), Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC), and Treasury have developed guidelines detailing the best way the industry might create, develop, and maintain such a crucial identifier. The paper summarizes the current environment of Entity identification and the problems that are currently encountered in both the private and public sectors by the lack of an industry-wide identifier. The paper identifies the key components that should be incorporated into the LEI such as uniqueness, persistence, and public availability. The paper identifies possible alternative approaches to solving the LEI problem and supports a collaborative public and private sector approach. The paper also considers the need for an international solution, as financial markets grow ever more interconnected across the globe.
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IASSIST Conference - Creating a Linchpin for Financial Data: The Need for a Legal Entity Identifier
SSRN Electronic Journal, 2010Co-Authors: John A Bottega, Linda F PowellAbstract:The financial industry, like many others, is powered by information and data. A number of government agencies, quasi-government agencies, and private companies collect, process, use, and distribute information about a variety of players in the financial world. While the subjects of the data (balance sheet items or counterparty information, for example) may vary dramatically by agency and use, they all describe a particular financial institution or Legal Entity. Yet a standard way to uniquely identify one financial Entity from another does not currently exist. A Social Security number distinguishes one John Smith from another John Smith, but at present no single identifier distinguishes one First National Bank from another. Several private companies have developed proprietary identifiers created for their own purposes but none of those identifiers are industry-wide, universal, or strictly focused on identifying a specific institution. A diverse group of analysts from the Board of Governors of the Federal Reserve System, Federal Reserve Bank of New York, Commodity Futures Trading Commission (CFTC), Federal Deposit Insurance Corporation (FDIC), Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC), and Treasury have developed guidelines detailing the best way the industry might create, develop, and maintain such a crucial identifier. The paper summarizes the current environment of Entity identification and the problems that are currently encountered in both the private and public sectors by the lack of an industry-wide identifier. The paper identifies the key components that should be incorporated into the LEI such as uniqueness, persistence, and public availability. The paper identifies possible alternative approaches to solving the LEI problem and supports a collaborative public and private sector approach. The paper also considers the need for an international solution, as financial markets grow ever more interconnected across the globe.
Ting Li - One of the best experts on this subject based on the ideXlab platform.
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challenges in resolving semantic heterogeneity with the global Legal Entity identifier system
Proceedings of the International Workshop on Data Science for Macro-Modeling, 2014Co-Authors: Ting Li, Victoria Louise Lemieux, Rachel PottingerAbstract:The Legal Entity Identifier (LEI) is an initiative to uniquely identify different companies and entities in financial transactions. This effort is crucial to increasing transparency in the financial global financial system, but it is complicated by the semantic heterogeneity caused by the different organizations involved in creating the LEIs. In this paper we describe the nature of the problem and possibilities for improving the current situation of LEIs.
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DSMM - Challenges in Resolving Semantic Heterogeneity with the Global Legal Entity Identifier System
Proceedings of the International Workshop on Data Science for Macro-Modeling - DSMM'14, 2014Co-Authors: Ting Li, Victoria Louise Lemieux, Rachel PottingerAbstract:The Legal Entity Identifier (LEI) is an initiative to uniquely identify different companies and entities in financial transactions. This effort is crucial to increasing transparency in the financial global financial system, but it is complicated by the semantic heterogeneity caused by the different organizations involved in creating the LEIs. In this paper we describe the nature of the problem and possibilities for improving the current situation of LEIs.
Victoria Louise Lemieux - One of the best experts on this subject based on the ideXlab platform.
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challenges in resolving semantic heterogeneity with the global Legal Entity identifier system
Proceedings of the International Workshop on Data Science for Macro-Modeling, 2014Co-Authors: Ting Li, Victoria Louise Lemieux, Rachel PottingerAbstract:The Legal Entity Identifier (LEI) is an initiative to uniquely identify different companies and entities in financial transactions. This effort is crucial to increasing transparency in the financial global financial system, but it is complicated by the semantic heterogeneity caused by the different organizations involved in creating the LEIs. In this paper we describe the nature of the problem and possibilities for improving the current situation of LEIs.
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DSMM - Challenges in Resolving Semantic Heterogeneity with the Global Legal Entity Identifier System
Proceedings of the International Workshop on Data Science for Macro-Modeling - DSMM'14, 2014Co-Authors: Ting Li, Victoria Louise Lemieux, Rachel PottingerAbstract:The Legal Entity Identifier (LEI) is an initiative to uniquely identify different companies and entities in financial transactions. This effort is crucial to increasing transparency in the financial global financial system, but it is complicated by the semantic heterogeneity caused by the different organizations involved in creating the LEIs. In this paper we describe the nature of the problem and possibilities for improving the current situation of LEIs.
John A Bottega - One of the best experts on this subject based on the ideXlab platform.
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creating a linchpin for financial data toward a universal Legal Entity identifier
Journal of Economics and Business, 2012Co-Authors: John A Bottega, Linda F PowellAbstract:The financial industry, like many others, is powered by information and data. While the subjects of the data (balance sheet items or counterparty information, for example) may vary dramatically, they all describe a particular financial institution or Legal Entity. Yet a standard way to uniquely identify one financial Entity from another does not currently exist. A Social Security number distinguishes one John Smith from another John Smith, but at present no single identifier distinguishes one First National Bank from another. This paper summarizes the current environment of Entity identification and the problems that are currently encountered in both the private and public sectors by the lack of an industry-wide Legal Entity identifier (LEI). The key components that should be incorporated into the LEI, such as uniqueness, persistence, and public availability, are explored and possible alternative approaches to solving the LEI problem evaluated. The authors support a collaborative public- and private-sector approach and highlight the need for an international solution as financial markets grow ever more interconnected across the globe.
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creating a linchpin for financial data toward a universal Legal Entity identifier
Social Science Research Network, 2011Co-Authors: John A Bottega, Linda F PowellAbstract:The financial industry, like many others, is powered by information and data. A number of government agencies, quasi-government agencies, and private companies collect, process, use, and distribute information about a variety of players in the financial world. While the subjects of the data (balance sheet items or counterparty information, for example) may vary dramatically by agency and use, they all describe a particular financial institution or Legal Entity. Yet a standard way to uniquely identify one financial Entity from another does not currently exist. A Social Security number distinguishes one John Smith from another John Smith, but at present no single identifier distinguishes one First National Bank from another. Several private companies have developed proprietary identifiers created for their own purposes but none of those identifiers are industry-wide, universal, or strictly focused on identifying a specific institution. ; A diverse group of analysts from the Board of Governors of the Federal Reserve System, Federal Reserve Bank of New York, Commodity Futures Trading Commission (CFTC), Federal Deposit Insurance Corporation (FDIC), Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC), and Treasury have developed guidelines detailing the best way the industry might create, develop, and maintain such a crucial identifier. The paper summarizes the current environment of Entity identification and the problems that are currently encountered in both the private and public sectors by the lack of an industry-wide identifier. The paper identifies the key components that should be incorporated into the LEI such as uniqueness, persistence, and public availability. The paper identifies possible alternative approaches to solving the LEI problem and supports a collaborative public and private sector approach. The paper also considers the need for an international solution, as financial markets grow ever more interconnected across the globe.
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creating a linchpin for financial data the need for a Legal Entity identifier
IASSIST Conference, 2010Co-Authors: John A Bottega, Linda F PowellAbstract:The financial industry, like many others, is powered by information and data. A number of government agencies, quasi-government agencies, and private companies collect, process, use, and distribute information about a variety of players in the financial world. While the subjects of the data (balance sheet items or counterparty information, for example) may vary dramatically by agency and use, they all describe a particular financial institution or Legal Entity. Yet a standard way to uniquely identify one financial Entity from another does not currently exist. A Social Security number distinguishes one John Smith from another John Smith, but at present no single identifier distinguishes one First National Bank from another. Several private companies have developed proprietary identifiers created for their own purposes but none of those identifiers are industry-wide, universal, or strictly focused on identifying a specific institution. A diverse group of analysts from the Board of Governors of the Federal Reserve System, Federal Reserve Bank of New York, Commodity Futures Trading Commission (CFTC), Federal Deposit Insurance Corporation (FDIC), Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC), and Treasury have developed guidelines detailing the best way the industry might create, develop, and maintain such a crucial identifier. The paper summarizes the current environment of Entity identification and the problems that are currently encountered in both the private and public sectors by the lack of an industry-wide identifier. The paper identifies the key components that should be incorporated into the LEI such as uniqueness, persistence, and public availability. The paper identifies possible alternative approaches to solving the LEI problem and supports a collaborative public and private sector approach. The paper also considers the need for an international solution, as financial markets grow ever more interconnected across the globe.
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IASSIST Conference - Creating a Linchpin for Financial Data: The Need for a Legal Entity Identifier
SSRN Electronic Journal, 2010Co-Authors: John A Bottega, Linda F PowellAbstract:The financial industry, like many others, is powered by information and data. A number of government agencies, quasi-government agencies, and private companies collect, process, use, and distribute information about a variety of players in the financial world. While the subjects of the data (balance sheet items or counterparty information, for example) may vary dramatically by agency and use, they all describe a particular financial institution or Legal Entity. Yet a standard way to uniquely identify one financial Entity from another does not currently exist. A Social Security number distinguishes one John Smith from another John Smith, but at present no single identifier distinguishes one First National Bank from another. Several private companies have developed proprietary identifiers created for their own purposes but none of those identifiers are industry-wide, universal, or strictly focused on identifying a specific institution. A diverse group of analysts from the Board of Governors of the Federal Reserve System, Federal Reserve Bank of New York, Commodity Futures Trading Commission (CFTC), Federal Deposit Insurance Corporation (FDIC), Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC), and Treasury have developed guidelines detailing the best way the industry might create, develop, and maintain such a crucial identifier. The paper summarizes the current environment of Entity identification and the problems that are currently encountered in both the private and public sectors by the lack of an industry-wide identifier. The paper identifies the key components that should be incorporated into the LEI such as uniqueness, persistence, and public availability. The paper identifies possible alternative approaches to solving the LEI problem and supports a collaborative public and private sector approach. The paper also considers the need for an international solution, as financial markets grow ever more interconnected across the globe.
