Wikidata:Property proposal/Financial Instrument Global Identifier (FIGI)
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Financial Instrument Global Identifier (FIGI)[edit]
Originally proposed at Wikidata:Property proposal/Organization
Not done
| Description | Financial Instrument Global Identifier of the Object Management Group. Bloomberg LP is the Registration Authority of the FIGI open Standard, |
|---|---|
| Represents | Financial Instrument Global Identifier (Q4928186) |
| Data type | External identifier |
| Domain | financial instruments |
| Allowed values | [BCDFGHJ-NP-TV-Z]{2}G[0-9BCDFGHJ-NP-TV-Z]{8}\d (2 consonants, "G", 8 numeric and consonants, check digit) |
| Example | IBM (Q37156) → BBG000BLNNH6
Goldman Sachs (Q193326) → BBG005Y3Z8B6 |
| Source | https://www.openfigi.com |
| Formatter URL | https://www.openfigi.com/id/view/$1 |
- Motivation
The Financial Instrument Global Identifier provides ID's for a wide range of financial instruments and is an open standard. ChristianKl (talk) 11:18, 24 September 2016 (UTC)
- Discussion
- @ChristianKl: Please provide an example. Andy Mabbett (Pigsonthewing); Talk to Andy; Andy's edits 12:14, 24 September 2016 (UTC)
- @ChristianKl: Andy Mabbett (Pigsonthewing); Talk to Andy; Andy's edits 13:33, 1 October 2016 (UTC)
Oppose- Changed to
Support now that we have an example. Andy Mabbett (Pigsonthewing); Talk to Andy; Andy's edits 11:22, 26 October 2016 (UTC)
- Weak Support The "competing" property ISIN (P946) appears to charge for access. While FIGI uses an MIT Open Source license (this aligns with our mission). I've added examples, but can't verify as I'm not in finance. Dispenser (talk) 21:47, 5 October 2016 (UTC)
- Support Anything that can make Financial instruments more transparent is welcome. Having multiple identifiers for one instrument enables interoperability and reduces lock-in for analysis. It seems that examples were added.--Teolemon (talk) 09:37, 18 October 2016 (UTC)
- After reading a bit more into the subject it seems like different shares of the same company have different FIGI numbers and displaying the FIGI numbers at the company level might not be the best way. Given that the whole data set happens to be open data we could however import items about shares from it. ChristianKl (talk) 11:51, 22 October 2016 (UTC)
- @ChristianKl: Does that mean that you wish to withdraw this proposal? Andy Mabbett (Pigsonthewing); Talk to Andy; Andy's edits 11:28, 26 October 2016 (UTC)
- If I wanted to withdraw it I would make it as withdrawn.
I think it's worth discussing whether it makes sense to have items for shares of companies and import the data. ChristianKl (talk) 18:27, 26 October 2016 (UTC)- Then, given that you wrote "displaying the FIGI numbers at the company level might not be the best way", yet that that is what your examples seem to do, it is not clear what you are proposing. Andy Mabbett (Pigsonthewing); Talk to Andy; Andy's edits 21:01, 14 November 2016 (UTC)
- If I wanted to withdraw it I would make it as withdrawn.
- @ChristianKl: Does that mean that you wish to withdraw this proposal? Andy Mabbett (Pigsonthewing); Talk to Andy; Andy's edits 11:28, 26 October 2016 (UTC)
- Oppose if this is intended to be applied to companies. If we have wikidata items for specific financial instruments, it sounds like we could use this identifier property for those, but I don't believe it should be attached to the companies. For companies the standard open global identifier now is Legal Entity Identifier (P1278); I just uploaded over 100,000 entires for that to Mix n Match (GLEIF - US catalog). ArthurPSmith (talk) 19:13, 16 November 2016 (UTC)
- @ArthurPSmith: There are 500k GLEI, so I'm not sure how many of the security/share issuing companies are registered yet. (Why did you importonly 100k?) --Vladimir Alexiev (talk) 12:52, 21 January 2017 (UTC)
- @Vladimir Alexiev: Mix n Match couldn't handle a file above a certain size, this was close to the limit. I just loaded the portion with US locations so far. We could probably get Magnus to update it with the full list but he would have to load the file himself somehow. ArthurPSmith (talk) 13:52, 21 January 2017 (UTC)
- @ArthurPSmith: My impression is that WP/WD are not "business friendly" and have 150-200k true "Companies" (the Company class includes Independent Cities and things that we won't normally consider companies). So even if we put in all 500k GLEIs, the degree of matching will be low. Should we setup a WikiProject "Company Data"? Disclaimer: my current project is H2020 euBusinessGraph --Vladimir Alexiev (talk) 15:22, 16 February 2017 (UTC)
- @Vladimir Alexiev: Actually we already have Wikidata:WikiProject Companies - I think the issue isn't so much "business friendliness" as a lack of open online resources that provide reliable information about companies. The GLEI data is a good starting point. Also there is a bit of a history of small companies creating their own wikipedia/wikidata entries as a form of advertising which is frowned upon... Anyway, please join the discussion at the existing wikiproject! ArthurPSmith (talk) 15:34, 16 February 2017 (UTC)
- @ArthurPSmith: My impression is that WP/WD are not "business friendly" and have 150-200k true "Companies" (the Company class includes Independent Cities and things that we won't normally consider companies). So even if we put in all 500k GLEIs, the degree of matching will be low. Should we setup a WikiProject "Company Data"? Disclaimer: my current project is H2020 euBusinessGraph --Vladimir Alexiev (talk) 15:22, 16 February 2017 (UTC)
- @Vladimir Alexiev: Mix n Match couldn't handle a file above a certain size, this was close to the limit. I just loaded the portion with US locations so far. We could probably get Magnus to update it with the full list but he would have to load the file himself somehow. ArthurPSmith (talk) 13:52, 21 January 2017 (UTC)
- @ArthurPSmith: There are 500k GLEI, so I'm not sure how many of the security/share issuing companies are registered yet. (Why did you importonly 100k?) --Vladimir Alexiev (talk) 12:52, 21 January 2017 (UTC)
- Oppose FIGI is a relation of Company, Exchange, Security Type. It may be 1-1 with Ticker. IBM has 105,491 FIGI codes so I don't think it should be at company level. --Vladimir Alexiev (talk) 12:52, 21 January 2017 (UTC)
- @Vladimir Alexiev, ArthurPSmith, Pigsonthewing, Teolemon: Not done at the present time because we don't have items for the individual stocks of companies. Maybe lately we can review it. ChristianKl (talk) 12:49, 25 January 2017 (UTC)