Citi Reaps Benefits of LEI, Despite Limited Coverage
Despite its limited coverage, the legal entity identifier (LEI) has already brought benefits to Citi, including helping to improve standardization and increase the number of attributes held in client records, according to the bank's head of entity data operations.
During a panel discussion at the North American Financial Information Summit this week, speakers highlighted the needed for wider adoption of LEIs, which have only been assigned to approximately 270,000 entities.
Ari Marcus, head of
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