Access and Use LEI Data
The Legal Entity Identifier (LEI) enables clear and unique identification of legal entities engaging in financial transactions. Implementation of the LEI increases the ability of authorities in any jurisdiction to evaluate risk, conduct market surveillance and take corrective steps. Use of an LEI also generates tangible benefits for businesses including reduced counterparty risk and increased operational efficiencies.
Connect the corporate dots with the LEI
The business card information available with the legal entity reference data, e.g. the official name of a legal entity and its registered address, is referred to as ‘Level 1’ data. It provides the answer to the question of ‘who is who’. The LEI data pool is currently being enhanced to include the ‘Level 2’ data that answers the question of ‘who owns whom’.
The Global Legal Entity Identifier Foundation (GLEIF) has published the Global LEI Index. It contains historical and current LEI records including related reference data in one authoritative, central repository. The reference data provides the information on a legal entity identifiable with an LEI. The Global LEI Index is the only global online source that provides open, standardized and high quality legal entity reference data.
With the LEI Statistics, GLEIF offers key facts and figures on the global LEI population via interactive graphs and a drill-down world map.
In addition, GLEIF publishes the quarterly Global LEI System Business Report, which highlights main trends relevant to the adoption of the LEI and provides in-depth analysis of the LEI data pool. Specifically, the reports assess annual growth and renewal expectations, evaluate the level of competition between LEI issuing organizations operating in the Global LEI System and analyze LEI renewal rates and reference data corroboration. GLEIF also delivers statistics on direct and ultimate parent information provided by legal entities.
GLEIF is committed to ensuring easy access to the complete LEI data pool
The drivers of the LEI initiative, i.e. the Group of 20, the Financial Stability Board and many regulators around the world, have emphasized the need to make the LEI available for the wider public good. This is contingent upon ensuring easy access to the global LEI population.
- Interested parties can access and search the complete LEI data pool using the web-based LEI search tool developed by GLEIF.
- GLEIF also makes available the full LEI data set, i.e. the ‘GLEIF Concatenated Files’, via its file download service. These files contain the content of the individual files, published by the LEI issuing organizations, which list all LEIs issued to legal entities and related LEI reference data.
- In February 2018, GLEIF started publishing, in addition, the GLEIF Golden Copy Files and delta files for public preview. The Golden Copy Files, together with the delta files, are of particular interest to LEI data users who seek to obtain frequently updated (three times daily) information on LEIs and related reference data in a ready-to-use format. The delta files will allow data users to quickly identify new or updated LEIs and reference data without the need to download the files containing the complete LEI population.
- The GLEIF LEI ‘Look-up’ application programming interface (API) provides developers with the opportunity to directly access the complete LEI data pool in real time and to perform on-demand checks for changes to specific LEI records in a convenient, easy-to-read format.
GLEIF and SWIFT introduce the first open source BIC-to-LEI relationship file to allow for interoperability across multiple ID platforms
From February 2018, GLEIF will publish monthly relationship files that match Business Identifier Codes (BICs) assigned to an organization against its LEI. With the launch of the open source BIC-to-LEI relationship files, GLEIF and SWIFT have pioneered a cooperation model that, for the first time, enables market participants to link and cross-reference these key entity identifiers free of charge. This will significantly streamline entity verification processes and reduce data management costs.
GLEIF focuses on further optimizing the quality, reliability and usability of LEI data
The GLEIF data quality management program allows the quality of the LEI data pool (the publicly available information on legal entities identifiable with an LEI) to be monitored, assessed and further optimized.
The centralized challenge facility, made available by GLEIF, extends the ability to trigger updates of LEI data to all interested parties.
Stay up-to-date on technical developments relevant to the LEI
To receive updates on technical developments relevant to the LEI, subscribe to the GLEIF Email Notifications on Technical Updates.