LEI Implementations Lead to Big Benefits for All
As more companies adopt LEIs, the benefits to the financial community are growing more apparent. Two Tier-1 bank employees discuss the process of bringing on new LEIs and the value they bring to the industry.
It's a rare opportunity to get a fresh start when it comes to technology in financial services. With so many firms operating on massive legacy systems, the chances to work with a clean slate are few and far between.
In the case of legal entity identifiers (LEIs), firms are getting the opportunity to do just that. As more companies adopt LEIs ─ currently, over 360,000 have been issued ─ firms have to develop methods of sorting and organizing through them.
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Two employees of top-tier
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