New partnership sees LEI Service become an official RapidLEI registration agent to address Danish LEI market.
LONDON, UK AND TAPPERNØJE, DENMARK – 2 April 2020 – Today, Danish Legal Entity Identifier (LEI) specialist, LEI Service, announced a partnership with pioneering LEI issuer, RapidLEI.
LEI Service was founded to address the mature Danish market for LEIs. More than 63,000 LEIs have already been issued to Danish legal entities, accounting for 4.4% of total global validated LEIs – the highest uptake in the notoriously digitally-advanced Nordics. Comparatively, the largest portion of total global validated LEIs is the USA, accounting for 9.9%. For context, Denmark has just 1.7% of the USA’s population.
RapidLEI is a Ubisecure service with a pioneering automatic LEI issuance process, seeing it reduced from a few days to a few minutes. It is the fastest growing LEI issuer worldwide, outpacing Bloomberg in registrations by February 2020.
RapidLEI and Ubisecure’s Corporate Development Officer, Paul Tourret, said, “We are experiencing unprecedented growth in the LEI space, topping the global LEI registration charts in March 2020 ahead of Bloomberg and DTCC. We’re expanding quickly into local markets through fantastic partners who align with our mission for trust and transparency in transactions between legal entities. LEI Service will help us to achieve this goal in Denmark, and I look forward to seeing what the future holds for our partnership.”
Michael Bjerggaard, Co-Owner of LEI Service, said, “We’re very excited to bring LEI Service to the Danish market, pairing our local expertise with RapidLEI’s innovative technology. It allows us to provide efficient LEI services to our customers with competitive pricing, alongside full support in Danish.”
LEI Service offers free transferal to their services, which include automatic renewal and fast support responses. Register your LEI at leiservice.dk.
Find out more about RapidLEI’s partnership programmes at rapidlei.com/partners.
About LEI Service
LEI Service is a Danish company that provides companies with affordable Legal Entity Identifier (LEI) registration and maintenance. We are aware that regulative requirements like LEI can be a hassle for some companies, that is why we have built a very easy-to-use registration process to help ease the burden for companies without paying premium prices at the same time. LEI Service is an Official Registration Agent under GLEIF.
About Ubisecure and RapidLEI
Ubisecure is accredited by the Global Legal Entity Identifier Foundation (GLEIF) to issue Legal Entity Identifiers (LEI). RapidLEI is a Ubisecure service that automates the LEI lifecycle to deliver LEIs quickly and easily. As well as pioneering LEI automation, the company is a technology innovator and provides identity management software and cloud identity services that enable enterprises and governments to enhance customer experience, security and privacy through support for strong identities and management of customer identity data. Ubisecure also provides solutions to companies maintaining their own strong customer identities (such as banks and mobile network operators) to become Identity Providers (IdP) for strong authentication and federation services.
For more information please visit www.rapidlei.com or www.ubisecure.com
Ubisecure LEI: 529900T8BM49AURSDO55
About The Author: Francesca Hobson
As Senior Marketing Manager, Francesca aims to provide valuable insights on digital identity through our Let's Talk About Digital Identity podcast, blogs, industry events and content library.
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