Requests for Cross-Referencing Proprietary Ids Gain Ground as Industry Awaits LEI Solution, Say Panelists

While discussions around the legal entity identifier (LEI) are ongoing, the need to store client data and proprietary identifiers has become a growing challenge firms have to face to facilitate cross-referencing, according to speakers at the FISD Europe conference in Madrid in March.

Although speakers at the event agreed the ongoing Office of Financial Research’s LEI efforts could represent an end to such requirements, they currently need to adapt to clients’ needs.

New York-based Ludwig D’Angel

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