Buy Side Needs LEI Education, Says HSBC's Johnson
Work must be done to educate people on the buy side about the legal entity identifier (LEI), because they are less familiar with entity data than those on the sell side, delegates have been told at this week's Paris Financial Information Summit.
During a panel discussion about the LEI, Chris Johnson, head of product management for market data services at HSBC Securities Services, told delegates that "the LEI represents new territory" for buy-side firms, because the sell side has traditionally
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