A New Future for Legal Entity Identification
GLEIF research shows that the process of onboarding client organizations in financial services, including KYC due diligence, is becoming increasingly complex. Research findings confirm: a standardized approach to entity verification using the Legal Entity Identifier (LEI) would make it easier for everyone to participate in the global digital marketplace.Download Research Report
Advancing Digital Entity Identification with the LEI
With publication of its 2018 annual report, GLEIF has pioneered the inclusion of LEIs in machine-readable financial reports. Embedding an organization’s LEI – or that of its affiliates, subsidiaries and parent companies – within digital financial information, allows market participants who rely on official documents to inform strategic decisions (e.g. traders, investors, regulators) to quickly and easily consolidate and verify information on a filing entity.Download Annual Report
Legal Entity Identifier Services
The Global LEI Index is the only global online source for open, standardized and high quality legal entity reference data. Any interested party can easily access and search the complete Legal Entity Identifier (LEI) data pool using the web-based search tool developed by GLEIF.
GLEIF makes available key facts, figures and statistics on the global LEI population via interactive graphs and a world map drill down. Get insight at a glance on data such as the total number of LEIs issued to date or the number of LEIs issued in individual countries.
One global identity behind every business
GLEIF manages a network of partners, the LEI issuing organizations, to provide trusted services and open, reliable data for unique legal entity identification worldwide. GLEIF services ensure the operational integrity of the Global LEI System.
GLEIF believes that each business worldwide should have only one global identity. This identity should include a digital identity. Having an LEI will help to achieve this objective. Taking advantage of the Global LEI Index empowers market participants to cut costs, simplify and accelerate operations and gain deeper insight into the global market place.
The LEI initiative is driven by the Group of 20 and the Financial Stability Board (FSB). Created by the FSB in 2014, GLEIF is a supra-national, not-for-profit organization tasked to manage the only open, non-proprietary legal entity identification system designed as a public good.
GLEIF Activities and News
The assessment performed on 31 December 2019 shows that the absolute number of data quality failures reduced by 23K compared to the end of 2018. The overall maturity level of the data improved in 2019, and the percentage of LEI issuers at the required quality level remains stable above 90% also for this reporting period.
The Global LEI System Business Reports highlight main trends relevant to the adoption of the LEI and provide in-depth analysis of the LEI data pool