The new legal entity identifier standard has created burgeoning data demands for the securities industry. How can they be addressed, and which service providers are up to the task? Michael Shashoua hears from practitioners and observers on how handling LEIs is likely to play out
The legal entity identification (LEI) standard put in place by the Office of Financial Research (OFR) in July will generate more data for firms to track and manage, creating opportunities for service providers while burdening investment firms, according to industry observers and service provider executives. The fields that must be filled in for the LEI will only be a couple more than were previously...
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