Paul Janssens, Swift's legal entity identifier program director, explains the changes that have been made to the pre-local operating unit it manages with the Depository Trust and Clearing Corporation, including the removal of 18,000 codes
On October 3, the CFTC Interim Compliant Identifier (CICI) utility that is operated by Swift and the Depository Trust and Clearing Corporation became one of the first three pre-local operating units (pre-LOUs) to be accepted into the interim legal entitiy identifier (LEI) system.
Here, Paul Janssens, Swfit's LEI program director, explains why 18,000 CICIs had to be removed from the system and how newly-added data fields will be populated.
Latest news from Inside Reference Data
Updating your subscription status
Winner's Announced: Inside Reference Data Awards 2014
03 Nov 2014
18 Nov 2014
08 Dec 2014
20 Oct 2014
03 Nov 2014
The over-the-counter (OTC) derivatives market is in the midst of a global regulatory restructure. Authorities in Europe, Asia and the US are currently...
A fast, flexible and reliable investment decision-making process must be based on access to accurate and consistent information throughout an organization....