1. Home
  2. Products
  3. LEI Profiling Service

Legal Entity Identifier

LEI Profiling Service

What is MiFID II video
00:58

What is MiFID II?

Identify and resolve gaps using Legal Entity Identifier Profiling Service. Under MiFID II, 'No LEI' means 'No trade'.

Why do you need LEI Profiling Service?

The Markets in Financial Directive (MiFID II/MIFIR) requires investment firms to obtain Legal Entity Identifier (LEI) from their clients prior to providing a service that would result in a transaction reporting obligation. Market participants will not be able to trade with investment firms if they do not have LEI.

Features & benefits

What you get with LEI Profiling Service

Access to LEI data and LEI search

Provide subscribers with immediate health check on MiFID LEI 'compliance' status.

Compliance

Help financial institutions to comply with MiFID II LEI requirements.

Help with client outreach

Help with identifying clients and/or counterparties requiring LEI codes outreach.

Reduce cost and time

Allow firms to focus on key down-stream workflows, no action or client outreach required.

How it works

Check compliance with LEI Profiling Service

Identify those entities which have yet to request LEIs and the status of those with existing LEIs.

Step 1

Send us your list of entities of interest.

Step 2

We match these against the Legal Entity Identifier records stored within the Verified Entity Data database.

Step 3

We deliver you a report with line-by-line status on each LEI submitted.

An infographic showing how LEI works

How does our Legal Entity Identifer Profiling Service work?