Challenges in Resolving Semantic Heterogeneity with the Global Legal Entity Identifier System
Ting Li, Victoria Louise Lemieux, Rachel A. Pottinger · 2014
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.