LEI Issuance Flirts with Real Time

RapidLEI launches API access, shaving additional seconds off LEI turnaround.

Global transaction identifiers near completion

The launch of API access to RapidLEI, Ubisecure’s Legal Entity Identifier (LEI) service, has opened the door to same-session issuance. 

Steve Roylance, senior vice president of identity services at Ubisecure Group, says RapidLEI already slashes turnaround time through its automated approach. Traditionally, entities applying to obtain an LEI fill out a form, a process Roylance says has high potential for errors because required information, such as legal address or parentage, is often unclear

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