The Global Legal Entity Identifier Foundation Opens North America Office
The Global Legal Entity Identifier Foundation (GLEIF), has opened an office in North America to extend its global reach. The new office is located in New Jersey, in close proximity to America’s financial capital, and supports GLEIF’s strategy to drive broad voluntary adoption of the LEI worldwide by banks and other financial institutions.
The New Jersey office, registered as GLEIF Americas, a New Jersey Nonprofit Corporation, is led by Karla McKenna, Managing Director. The team includes a newly appointed Business Development Manager, Peter Warms, who joins the organization formerly from Bloomberg. The focus of the North America team is twofold: to further the organization’s ‘on-the-ground’ engagement and collaboration with U.S. financial institutions to educate on the value LEIs deliver beyond regulated use in capital markets; and to champion and support pilot programs for financial institutions wishing to use the LEI more broadly across all financial services business lines, such as trade financing, corporate banking and payments.