Identifier's Infancy
The important role data vendors have to play in helping end-user firms maximize the benefits of the legal entity identifier (LEI) were highlighted during a webcast about the new code on November 27. However, a JP Morgan executive said she believes vendors' LEI products need more development.
During the webcast, Scott Preiss, New York-based vice president at CUSIP Global Services (which sponsored the event), emphasized that one of the foundational principles of the LEI project is that it should
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