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In response to Dodd\u2010Frank, a series of rules relating to swaps record keeping have been issued, and one such rule calls for the creation of a financial products classification system. The manner in which financial products are classified will have a profound effect on data integration and analysis in the financial industry. This article considers various approaches that can be taken when classifying financial products and recommends the use of facet analysis. The article argues that this type of analysis is flexible enough to accommodate multiple viewpoints and rigorous enough to facilitate inferences that are based on the hierarchical structure. Various use cases are examined that pertain to the organization of financial products. The use cases confirm the practical utility of taxonomies that are designed according to faceted principles.<\/jats:p>","DOI":"10.1002\/asi.22969","type":"journal-article","created":{"date-parts":[[2013,10,18]],"date-time":"2013-10-18T12:22:58Z","timestamp":1382098978000},"page":"263-280","source":"Crossref","is-referenced-by-count":6,"title":["The classification of financial products"],"prefix":"10.1002","volume":"65","author":[{"given":"Aaron J.","family":"Loehrlein","sequence":"first","affiliation":[{"name":"iSchool University of British Columbia  Suite 470\u20141961 East Mall Vancouver British Columbia Canada V6T 1Z1"}]},{"given":"Victoria L.","family":"Lemieux","sequence":"additional","affiliation":[{"name":"iSchool University of British Columbia  Suite 470\u20141961 East Mall Vancouver British Columbia Canada V6T 1Z1"}]},{"given":"Michael","family":"Bennett","sequence":"additional","affiliation":[{"name":"Enterprise Data Management Council  London SE16 7TB United Kingdom"}]}],"member":"311","published-online":{"date-parts":[[2013,10,18]]},"reference":[{"volume-title":"Thesaurus construction and use: A practical manual","year":"2000","author":"Aitchison J.","key":"e_1_2_10_2_1"},{"key":"e_1_2_10_3_1","unstructured":"ANSI\/NISO. 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