About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Accuity Repositions Data to Deliver KYC Identifier File

Subscribe to our newsletter

Accuity has repositioned data from its Bankers Almanac payments solution and Know Your Customer (KYC) Due Diligence Data File to deliver a KYC Identifier File that allows Legal Entity Identifiers (LEIs) and Global Intermediary Identification Numbers (GIINs) to be matched to banks’ counterparty records.

The KYC Identifier File also provides access to BICS, internal Accuity identifiers, company head office details, branch details and alternative name details that can be integrated with bank systems to support a single view of a customer.

The identifier file is a response to customer requests for a solution to match LEIs and GIINs to counterparty records and can be used to update existing databases and support customer on-boarding. It is available immediately and refreshed on a weekly basis. In future, further identifiers, such as tax identifiers, may be added to the file.

Kerry Hewson, executive vice president at Accuity, says: “The ability to enrich existing customer data with these identifiers and support the matching of entities across databases will help to create a single view of a customer. The KYC Identifier File is another step in providing tools that ensure access to accurate data, improve clients’ ability to respond rapidly to regulatory demand, and mitigate risk.”

Accuity is sourcing core bank information for the KYC Identifier File from its existing database. BICs, LEIs and GIINs are sourced from their originators and matched to data in the database. The company is also using GIINs, which are required to identify foreign financial institutions under the Foreign Account Tax Compliance Act (Fatca), as a starting point to gather further data and documents that are required for Fatca compliance.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Are you making the most of the business-critical structured data stored in your mainframes?

Fewer than 30% of companies think that they can fully tap into their mainframe data even though complete, accurate and real-time data is key to business decision-making, compliance, modernisation and innovation. For many in financial markets, integrating data across the enterprise and making it available and actionable to everyone who needs it is extremely difficult....

BLOG

A-Team Group Announces Winners of RegTech Insight Awards Europe 2025

A-Team Group has announced the winners of its RegTech Insight Awards Europe 2025. The awards recognise both established providers and innovative newcomers providing RegTech solutions to capital market participants that significantly improve their ability to respond effectively to evolving and ever more complex regulatory requirements. This year’s RegTech Insight Awards Europe included more than 40...

EVENT

TradingTech Summit London

Now in its 15th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

Regulatory Data Handbook 2025 – Thirteenth Edition

Welcome to the thirteenth edition of A-Team Group’s Regulatory Data Handbook, a unique and practical guide to capital markets regulation, regulatory change, and the data and data management requirements of compliance across Europe, the UK, US and Asia-Pacific. This year’s edition lands at a moment of accelerating regulatory divergence and intensifying data focused supervision. Inside,...