The cheapest LEI code is not the best - and here's why
What do you get for your money when you buy an LEI code?
LEI codes (Legal Entity Identifiers) are unique identification numbers used to identify legal entities and companies worldwide. The purpose of LEI codes is to ensure transparency and minimize risks related to financial transactions and reporting. In this article, we will introduce an innovative Global LEI Search that makes it easy for you to look up LEI codes and access important company information.
Our Global LEI Search is user-friendly and lets you search for all registered LEI codes and view their data. This means that you can see which of your company's information is publicly available, as well as look up companies and get the insight you need. This feature is especially useful for verifying new or potential business partners and customers because you can make sure they are who they say they are.
The most important things about LEI codes are 1) their validity, and 2) the information registered.
By using the search function, you can see the status and validity period of any LEI code in the search results. If your LEI code has expired, or if it is close to expiry, you can renew it directly from its LEI page - even if you have forgotten where you previously registered your LEI code. This saves you time and trouble and ensures that your company always has a valid LEI code that meets the legal requirements.
You can link directly to your LEI code by copying the URL to your LEI page. This is a smart way to show other people that your company has a valid and up-to-date LEI code. By linking to your LEI code, it is easy for others to verify your company's identity and find the relevant information.
All data in our Global LEI Search is pulled from GLEIF’s LEI database and local business registers to ensure accuracy. This way, you will always have the most accurate snapshot of the companies you are searching for.
Your company information has to be registered correctly. You can contact us here, if you would like for us to review your information. If any of your company information is incorrect, or if your LEI code needs to be renewed, we will take care of it right away.
Our Global LEI search lets you do multiple things:
When you use the search engine, you will know that the information displayed is up-to-date.
Click here to access our Global LEI Search and look up any LEI code.
What do you get for your money when you buy an LEI code?
We have had many talks with hedge funds, banks and asset managers - all of whom have had major frustrations with their LOU. You should expect more from your LEI provider.
An LEI code is a 20-character alphanumeric code that contains info about the company, including name, address and ownership. Here's everything you need to know.
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