Tag: Banking

Research conducted by McKinsey on behalf of the GLEIF discovered that global adoption of Legal Entity Identifiers (LEIs) could save the banking industry between $2-4 billion USD annually in onboarding costs alone. This figure represents 5-10% of the industries $40 billion annual overall spending on the practice.

Outlooks from the GLIEF Annual Report 2018 The 2018 Annual Report by the Global Legal Entity Identifier Foundation gave us a review of the success that the GLEIF, FSB and… Read more