Highest $\ell$-Weight Representations and Functional Relations

We discuss highest $\ell$-weight representations of quantum loop algebras and the corresponding functional relations between integrability objects. In particular, we compare the prefundamental and $q$-oscillator representations of the positive Borel subalgebras of the quantum group $\mathrm{U}_q(\mathcal L(\mathfrak{sl}_{l+1}))$ for arbitrary values of $l$. Our article has partially the nature of a short review, but it also contains new results. These are the expressions for the $L$-operators, and the exact relationship between different representations, as a byproduct resulting in certain conclusions about functional relations.