Industry association the EDM Council is expanding the semantics repository with a legal entity data model, which can help firms build counterparty hierarchies.
The growing focus on legal entity data has resulted in increased interest in ensuring the EDM Council finishes its work on the business entity model. The work was initially started last year, and has now been prioritized again.
London-based Mike Bennett, head of semantics and standards, the EDM Council, says the subject matter experts wor
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