name: GLEIF API FinOps
description: >
  GLEIF provides its LEI Data API as a free, open public service funded by GLEIF
  as part of its nonprofit mandate to enable global legal entity identification.
  There are no direct monetary costs for API consumption. FinOps considerations
  for GLEIF API consumers center on operational overhead, integration maintenance,
  and the cost of alternative data access patterns for bulk or high-volume needs.
specificationVersion: "1.0"
framework: FinOps Foundation FOCUS v1.0
provider: GLEIF
apiName: GLEIF LEI API
costs:
  - category: Direct API Cost
    amount: 0
    currency: USD
    unit: per request
    description: >
      The GLEIF LEI API is entirely free with no per-request or subscription fees.
      No billing account, API key, or payment method is required to access the API.
  - category: Bulk Data Access
    amount: 0
    currency: USD
    unit: per download
    description: >
      GLEIF Golden Copy and Concatenated File downloads are also free of charge.
      Full dataset files are available in XML, JSON, and CSV formats, updated
      three times daily, with no registration required.
considerations:
  - type: Integration Cost
    description: >
      Primary costs for GLEIF API consumers are engineering time for integration,
      maintenance of client code against API changes documented in GLEIF-API-Changes
      supporting documents, and monitoring of the GLEIF Service Availability Dashboard.
  - type: Data Freshness vs. Efficiency
    description: >
      For bulk or batch use cases, the GLEIF Golden Copy files (updated 3x daily)
      are more cost-efficient than repeated individual API calls, eliminating
      infrastructure overhead of high-volume real-time requests.
  - type: Availability Monitoring
    description: >
      GLEIF publishes daily service availability indicators and monthly service
      reports. Consumers should integrate with the Service Availability Dashboard
      for SLA awareness even though there are no cost implications for downtime.
    url: https://www.gleif.org/en/about/gleif-services/daily-service-availability
  - type: Data Licensing
    description: >
      LEI data is published under GLEIF's open data policy. Consumers should
      verify current terms at the access and use page before redistribution.
    url: https://www.gleif.org/en/lei-data/access-and-use-lei-data
optimization:
  - recommendation: Use bulk Golden Copy downloads for high-volume batch processing
    saving: Reduces API call overhead and infrastructure costs for large datasets
  - recommendation: Cache LEI records locally where data freshness allows
    saving: Reduces redundant API calls for frequently queried entities
  - recommendation: Subscribe to GLEIF technical update notifications
    saving: Avoids unexpected integration breaks from undocumented API changes