Datactics Debuts Free LEI ‘Health Check’ and Matching Solution
Cloud-based software allows firms to cross-reference more than 1.2 million LEIs via data from GLEIF.
The LEI Match Engine and “health check” service can bulk match up to 1,000 LEIs simultaneously through cloud-based processing that cross-references the Global Legal Entity Identifier Foundation’s (GLEIF’s) entity database.
Datactics developed the solution over a period of five months, using its underlying software as a framework, with the goal of automating processes and reducing the time firms spend on Mifid II and LEI projects.
“Our software [consists of] memory-based solutions that help
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