ULTUMUS, has now added an additional identifier of the LEI, to their database. This will more accurately allow clients to evaluate risk across multiple asset classes, improve operational efficiency & simplified regulatory reporting:
The Legal Entity Identifier (LEI) is a 20-digit, alpha-numeric code based on the ISO 17442 standard developed by the International Organization for Standardization (ISO). It connects to key reference information that enables clear and unique identification of legal entities participating in financial transactions. Simply put, the publicly available LEI data pool can be regarded as a global directory, which greatly enhances transparency in the global marketplace.