Today RapidLEI, Ubisecure’s Legal Entity Identifier (LEI) business, announced a new partnership with Turkish identity specialist, TurSign.

The new partnership will see TurSign extend their portfolio of digital trust solutions to include LEIs which, according to a recent SWIFT PMPG report, “have huge potential to improve the identification of parties within payment processes, increase efficiency across the system, and automate and improve sanctions and other similar checks.” LEIs are clearly set for global adoption and RapidLEI is expanding its partner network accordingly, such as this latest announcement with TurSign, to meet high demand for its automated issuance technology.

For more information, read the full press release.

Here’s what representatives of both companies had to say:

Kemal Cılız, Co-Founder & Chairman at TurSign, says “We are very excited to work with RapidLEI and bring their pioneering LEI technology to the Turkish market. Our customers need LEIs and when they need them, they need them fast. The multiyear option is also something we were keen to offer our customers, making RapidLEI the clear-cut choice of partner for us.”

Chris Hudson, Director of Channel Sales at RapidLEI, says “the need for LEIs is growing at an exponential rate, and RapidLEI is the fastest growing LEI issuer due to its pioneering automation technology and API-first, partner-first business model. TurSign will be a valuable partner for us, as their local expertise in Turkey will provide key support for our continued expansion into global markets.”

For more information on RapidLEI’s global partner program, head to rapidlei.com/partners.