Legal Entity Identifiers for Banks & Enterprise

LEIs lower the cost of onboarding / KYC. RapidLEI eliminates the management friction and costs associated with legacy LEI solutions.

LEI for Banks

SIMPLIFYING LEIs FOR BANKS & ENTERPRISE

To take advantage of the LEI as a connector of reference data for KYC / AML and counterparty identification, issuance and management of the LEI needs to be frictionless and low cost. This is where RapidLEI can help.

Join organizations like Nordea and make it easy to not just issue LEIs, but also to discover, consolidate and manage both internal LEIs and LEIs for your banking clients.

LEI autofill
  • Full LEI support – issue LEIs to organizations, trusts and funds
  • Automated LEI issuance process – no overhead to obtain internal LEIs or client LEIs
  • Streamlined workflow – platform minimises requests for validation data, e-signing, payment processing
  • API – free LEI API usage, same-session registration and issuance
  • Bulk registration – no need to register individual LEIs, add in bulk
  • Discovery – our discovery service will identify all LEIs issued within your group and help transfer to your RapidLEI account
  • Consolidation – once discovered and added to your account, you save time, cost, and avoid risk of lapsed LEIs
  • Automated renewal – receive alerts for renewals
  • Customizable expiry – assistance with customizing / aligning expiry date
LEI Parent Company Management
Legal Entity Identifiers (LEI) Dashboard
  • Discounts – gain deep discounts over buying individual LEIs
  • Dedicated Account Manager – coordinates and prepares transfers and renewals (including management of Letters of Authorization, level 2 data preparation and more)
  • Multi-vendor approach support – no exclusivity to RapidLEI necessary, can operate as part of multi-vendor program
  • One agreement – both internal and client LEIs can be managed with multiple accounts under a single agreement
  • 24/7 customer support

Enterprise & Bank Pricing

Number of LEI Registrations (Active)

Discount1-2525+250+500+1000+1500+2000+
1 year$60.00$55.00$52.50$50.00$45.00$42.50$40.00
2 years

10%

$108.00$99.00$94.50$90.00$81.00$76.50$72.00
3 years

15%

$153.00$140.25$133.88$127.50$114.75$108.38$102.00
4 years

20%

$192.00$176.00$168.00$160.00$144.00$136.00$128.00
5 years

25%

$225.00$206.25$196.88$187.50$168.75$159.38$150.00



READY TO GET STARTED? CONTACT OUR SALES TEAM OR CALL (617) 917-3577

McKinsey

LEIs TO SAVE BANKING INDUSTRY $2-4 BILLION ANNUALLY

Research conducted by McKinsey on behalf of the GLEIF has concluded that broader adoption of LEIs could save the global banking sector U.S.$2-4 billion annually in client onboarding costs alone. Additional benefits include:

1. Improved onboarding efficiency
2. Shorter time to revenue
3. Better customer service and retention
4. Improved compliance and credit risk

>> View Infographic
>> View eBook

Talk to RapidLEI about how LEI issuance, management and protection can be built into your onboarding and KYC processes.

MEET REGULATORY DEMANDS

Financial Regulation LEI RapidLEI

Endorsed by the G20 and is intended to be “the one identity behind every business” LEIs are mandatory for MiFID II / MiFIR and other Financial Regulation.

View current Regulation

BANK OF ENGLAND DRIVING LEI USAGE

Bank of England LEI RapidLEI

BoE to “Champion the Legal Entity Identifier (LEI) as a globally recognised and unique identifier for all businesses in the UK, including integrating the LEI in the Bank of England’s new Real-Time Gross Settlement (RTGS) service and mandating its use in payment messages.”

Read more

XBRL NOW SUPPORTS LEIs

XBRL LEI RapidLEI

“The process of embedding an entity’s LEI into its digital financial report is a big step forward for digital security and identity. It allows an organizational signatory to be connected to its disclosures, providing greater assurance about the data’s source and veracity.”

Read more

LEI Developers

APPLICATION INTEGRATION

RAPIDLEI IS THE ONLY ACCREDITED LEI ISSUER TO OFFER SAME SESSION LEI ISSUANCE APIs FOR FINTECH APPLICATIONS.

With our documentation, sample code, and developer tools, you’ll make registering and issuing Legal Entity Identifiers within your own application quickly and easily. The RapidLEI automation logic will handle the complexity of the application validation. Build same-session LEI issuance into your application workflows with minimal effort.

  • RapidLEI 5 star comments
    Excellent, absolutely digital and hassle free!
    Sangita D Rughani
    RapidLEI Customer
  • RapidLEI 5 star comments
    It's quick as per the name suggested!
    Dominic Sum
    Thrive City Ltd
  • RapidLEI 5 star comments
    “Very helpful and speedy.”
    Michael Fleming
    RapidLEI Customer
  • RapidLEI 5 star comments
    Great and very fast and reliable service.
    Jorge Simoes
    RapidLEI Customer
  • RapidLEI 5 star comments
    “Great service, simple website, easy to complete, great support - much simpler than alternative options I have tried. I'd recommend RapidLEI to any first time LEI requestors”
    Gavin Black
    Pure Group CFO
  • RapidLEI 5 star comments
    We used the service to acquire our LEI and they were fast and cheap. What more could you ask for?
    Ken Baxter
    RapidLEI Customer
  • RapidLEI 5 star comments
    “They were quick, thorough, and kept me updated on the progress of our registration request. I would definitely recommend RapidLEI to anyone who needs to register for an LEI.”
    Anon
    RapidLEI Customer
  • RapidLEI 5 star comments
    “The application process was efficient by the web environment. Very quick response.”
    Jan W. Molster
    RapidLEI Customer
  • RapidLEI 5 star comments
    “Best place to get your LEI. Seamless and well built intuitive interface with zero hassles.”
    Apurva Mody
    RapidLEI Customer

INTRODUCING UBISECURE RIGHT TO REPRESENT

Reduce fraudulent organizational representation during provision of new services, high risk transactions and advanced KYC / onboarding of new customers.

Right to Represent reduces costs by using LEIs to automate manual verification workflows. The Ubisecure service digitally ties an individual to an organization and provides a registry-based ability to check that individual’s role, rights and authority.

>> Learn More

Right to Represent Delegated ID