Open Source LEI Data Model Launches

Predrag Dizdarevic

Financial industry advisory and design company Element 22 has launched the Fimod (φmod) Open Source Project, an open-source data model for the legal entity identifier (LEI).

The model includes the LEI requirements set out by the Financial Stability Board (FSB) and the CFTC Interim Compliant Identifier (CICI), a precursor to the LEI in the US, according to Predrag Dizdarevic, managing partner at Element 22.

The FSB and CICI standards aren't a framework for Element 22's open-source model, but are

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