Financial Entity Identification and Information Integration
(FEIII) ChallengE


Office of Financial Research, Department of the Treasury (OFR)
University of Maryland (UMD)
National Institute of Standards and Technology (NIST)

The Financial Entity Identification and Information Integration (FEIII) Challenge objective is to develop a reference financial-entity identifier knowledge base linking heterogeneous collections of entity identifiers. Such a knowledge base will help to overcome a fundamental roadblock to successful information integration, i.e., the resolution of mentions or references to the same financial entity across the financial ecosystem of financial contracts, regulatory filings, news articles, social media, etc. To briefly illustrate the challenge, a mention of ‘J. P. Morgan’ in a legal and/or financial contract must be “resolved” and “conciliated” as the financial entity ‘JPMorgan Chase & Co’, represented by the symbol ‘JPM’ in the New York Stock Exchange, by the Central Index Key (CIK) value of ‘0000019617’ issued by the Securities and Exchange Commission (SEC), etc.

The FEIII Challenge is coordinated by the University of Maryland, under a grant from the National Institute of Standards and Technology (NIST) of the Department of Commerce and the Office of Financial Research (OFR) of the Department of the Treasury. Louiqa Raschid from the University of Maryland, Ian Soboroff from NIST, and Mark Flood from the OFR have been collaborating with a team of domain experts from the financial industry and federal regulatory agencies, and with computer and information scientists, to identify FEIII challenge problems. 

The reference financial-entity identifier knowledge base is a first step towards the extraction and integration of complex financial knowledge across heterogeneous sources. The FEIII Challenge will achieve these objectives, over the next few years, by developing the relevant datasets, protocols and methodologies, and by sharing expertise for linking multiple heterogeneous collections. Each challenge problem will be shared together with datasets, challenge tasks and gold standard data to evaluate the success of the challenge tasks.

The University of Maryland and Arizona State University are working closely with the National Science Foundation to establish the NSF CASCADE Industry/University Collaborative Research Center (NSF CASCADE I/UCRC). The FEIII Challenge will be hosted by the CASCADE Center.

Please follow this link for more information about the challenge.