LEI to Benefit Corp Actions Market, Say Panelists

Nanda Kumar

NEW YORK-The introduction of a unique, global legal entity identifier (LEI) will make identification and tracking of corporate actions easier, panelists told attendees at Inside Reference Data's North American Financial Information Summit.
New York-based Nanda Kumar, product director of SIX Telekurs, said the hope is that the LEI will enable firms to track the entity throughout its life. "We track corporate actions not at the instrument-level but the entity-level. An industry standard is going to

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