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

Talking Reference Data with Andrew Delaney: The Great LEI Road Show Comes To Town

Subscribe to our newsletter

Right on cue, the Office of Financial Research (OFR) this week released a set of frequently asked questions (FAQs), to help practitioners get their heads around the new legal entity identifier (LEI) ahead of its launch next month. The FAQs help set the scene for the long-awaited introduction of this crucial data standard, and it’s clear from research we’re currently undertaking that a lot is riding on it.

Firms are taking the new standard seriously because they see it as a kind of ‘missing link’ that will allow them to tie together a bunch of different data sets that are difficult to get to speak to each other in a meaningful way. Much time, energy and money is being spent by financial institutions as they try to get control over their client-onboarding and KYC efforts, and LEI may be a panacea for true progress toward streamlined processes.

The OFR FAQ is timely, because it helps put the initiative in perspective just as firms themselves need to act to embrace the new standard. You can download a copy here.

It’s also timely because it makes great background reading for those planning to join our webinar next Wednesday February 27 at 3pm London time titled Preparing for Primetime – How to Benefit from the Global LEI.

You can register for this free event here.

Given the level of interest in our last LEI webinar back in October, we expect significant participation. Joining us next Wednesday are: Francis Gross, Head of Division, External Statistics at European Central Bank; Peter Warms, Head of Product Development for Global Data and Symbology, Bloomberg Data Solutions; Mark Davies, General Manager, Avox Ltd.; and Tim Lind, Global Head of Legal Entity and Corporate Actions, Enterprise Content at Thomson Reuters.

They’ll be sharing their insights on the LEI situation, and as usual I’ll have a few thorny questions for them. We’ll also be taking questions from the audience on the day, so it’s important that you join us ‘in real time’.

The webinar is part of our Hot Topics Programme for LEI, the next iteration of which will be a panel session at our Data Management Summit in London on March 12. Take a look at the programme here.

As you can see, we have a strong panel for the session on LEI – Benefiting from the New Legal Entity Identifier – and we’re honoured to be hosting Con Crowley, associate director for information standards at OFR, who’ll be making a scene-setting presentation: Why the LEI is an Important Development for our Industry. Don’t miss it.

Con will be joined for a panel discussion by HSBC’s Chris Johnson, Bloomberg Data Solutions’ Peter Warms and Datactics’ Stuart Harvey. That gives us coverage of many bases.

So, a lot going on with LEI in the coming weeks. (Did I mention our special report, due out next week?) Join us February 27 and March 12. Then we’ll regroup for the post-LEI world.

Should be quite a ride.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Navigating a Complex World: Best Data Practices in Sanctions Screening

As rising geopolitical uncertainty prompts an intensification in the complexity and volume of global economic and financial sanctions, banks and financial institutions are faced with a daunting set of new compliance challenges. The risk of inadvertently engaging with sanctioned securities has never been higher and the penalties for doing so are harsh. Traditional sanctions screening...

BLOG

Seven 2026 RegTech Outlooks for Compliance, Reporting and Financial Crime

As 2026 gets underway, RegTechs are positioning for a shift in regulatory emphasis from refits, rewrites and attestations to demonstrable evidence. Across the jurisdictions supervisors are shifting from consultation and rulemaking into validation and testing whether firms have operationalised reforms through governance, high-quality data, defensible controls and credible evidence. The seven RegTechs that follow have...

EVENT

AI in Data Management Summit New York City

Following the success of the 15th Data Management Summit NYC, A-Team Group are excited to announce our new event: AI in Data Management Summit NYC!

GUIDE

Regulatory Data Handbook 2019/2020 – Seventh Edition

Welcome to A-Team Group’s best read handbook, the Regulatory Data Handbook, which is now in its seventh edition and continues to grow in terms of the number of regulations covered, the detail of each regulation and the impact that all the rules and regulations will have on data and data management at your institution. This...