GLEIF Streamlines Entity Verification for Data Consumers with New Mapping Collaboration
Increases the value of the LEI by extending its connectivity to the world's entity identifier systems
The Global Legal Entity Identifier Foundation (GLEIF) is pleased to announce its collaboration with S&P Global Market Intelligence to certify the mapping of the S&P Global Company ID to the Legal Entity Identifier (LEI), creating one of the most comprehensive linking solutions in the industry.
Financial institutions, public authorities, and other organizations utilize S&P Global Market Intelligence data in their compliance, Know Your Customer, regulatory reporting, and due diligence processes. Now, these stakeholders can continue to leverage S&P Global's cross reference mapping solution, which includes the S&P Global Company ID. This identifier is the primary key in the organization’s Cross Reference Services and will now be supplemented by LEI data via a GLEIF-certified link.
This effort is designed to increase broad accessibility to key entity identifiers used around the world, promote interoperability between parallel identifier systems and help to streamline entity verification processes for data consumers everywhere.