Legal Entity Identifier RA, LEI Worldwide, set to move business onto pioneering RapidLEI service.
Dublin, Ireland, and London, UK – 9th July 2019 – Today RapidLEI announce a new partnership with Ireland-based Legal Entity Identifier (LEI) Registration Agent (RA), LEI Worldwide.
Established globally, LEI Worldwide has been issuing LEIs since 2017 as an RA for other Local Operating Units (LOUs), and now joins multiple other RAs looking to move all of their business over to RapidLEI.
The adoption of LEIs by legal entities is growing exponentially, with these G20-endorsed 20-digit alphanumerical identifier codes mandated by financial regulations like MiFID II. Therefore, organisations are finding that when they need an LEI, they need one fast.
Enter RapidLEI – a GLEIF-accredited LEI issuer which specialises in the automation of the LEI lifecycle, making it much faster and easier than the otherwise-manual process.
Darragh Hayes, Director at LEI Worldwide says, “The LEI has the potential to connect the business world globally and to create a future of financial transparency and enhanced security. With RapidLEI, we can achieve that for our customers in the most efficient way possible – in minutes. We’re also excited to work with an LOU that is partner-first, which will give us the support and tools to further increase our success.”
The “tools” that RapidLEI provides include an API to build automated LEI issuance into partner services – the only LOU to offer one. This creates an endless list of use case opportunities by enabling developers to build same session LEI issuance directly into their applications and workflows. LEI Worldwide will build the RapidLEI API into their platform, further enhancing their reputable customer-led approach.
Paul Tourret, Corporate Development Officer at RapidLEI says, “I’m delighted to be working with LEI Worldwide. Their global operations represent the rising international demand for LEIs and, for us, the continuation of our largescale expansion. The fact that yet another RA is moving their business to RapidLEI is further proof of our market disruption and we expect to see many more RAs following the same route to success.”
Are you an LEI RA? Find out more about moving your business to RapidLEI – https://rapidlei.com/partners/
About LEI Worldwide
LEI Worldwide is a GLEIF recognised RA and global provider of LEI registrations and renewals. Founded in 2017, its aim is to help organisations meet their regulatory requirements, and facilitate the mass adoption of Legal Entity Identifiers as the primary identifier in the global financial system, by making LEIs more easily accessible. LEI Worldwide have partnered with RapidLEI in order to achieve this aim.
Contact LEI Worldwide today to find the optimum LEI solutions for you, including bulk registrations, automatic renewals or multi-year options.
LEI Worldwide LEI: 984500F7B763FH6D1710
About Ubisecure & 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 via its SaaS platform or API. 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.
Ubisecure LEI: 529900T8BM49AURSDO55