LEI Solutions McKinsey & Company and GLEIF: LEIs and Client Lifecycle Management in Banking - a U.S.$4 Billion Beginning

GLEIF Infographic: LEIs Transforming Banks’ Client Lifecycle Management

Wide adoption of the Legal Entity Identifier (LEI) by banks could unlock an estimated U.S.$2-4 billion* across the global banking sector per annum.

The banking sector relies on counterparty identification and verification, for client lifecycle management among many use cases. By scaling adoption of the LEI beyond regulatory requirements in capital markets to improve customer lifecycle management, the global banking industry could create substantial and quantifiable value in the near to mid-term.

Download as PDF: GLEIF Infographic – LEIs Transforming Banks’ Client Lifecycle Management