Over the next few weeks we’ll be making a number of RapidLEI partnership announcements. Expanding the partner ecosystem was one of our core strategies to disrupt the LEI industry so we’re very excited to be onboarding so many new partners in such a short timeframe.

Let’s begin – announcing the first of many… welcome ProfileAddress!

 

Full press releases is available at https://www.ubisecure.com/about/news-events/profileaddress-legal-entity-identifier/.

 

In summary:

ProfileAddress was established in 2003 and has been issuing and managing LEIs since 2018. This announcement sees ProfileAddress move to RapidLEI as its LEI issuer of choice. RapidLEI’s platform and API makes it easy for partners like ProfileAddress to offer greater data accuracy as well as issuance speed by automating workflows traditionally handled manually, and by connecting directly to authoritative data sources in real time to corroborate the company identity data.

Michael Fux, Chief Executive Officer for ProfileAddress said “Our customers expect us to provide the best data services the industry can offer, and our customers registering LEIs in particular expect speed, accuracy and convenience. With its API and automated workflows that avoid paper-based form filling, we feel that RapidLEI is the ideal partner to live up to our customer’s expectations. The multi-year option also helps our customers avoid the risk of their LEI unintentionally lapsing, and when it is time to renew the RapidLEI automated systems process renewals ensuring that renewal administration is a thing of the past. This is a huge benefit for our customers.”

Nilesh Patel, Channel Manager for RapidLEI, said “ProfileAddress has been providing LEIs to its customers since 2018, during which time the team has built a strong LEI brand to complement the other data services it provides. We are very happy that ProfileAddress has now made RapidLEI its partner of choice and will offer RapidLEI issued LEIs to its customers in Austria, Germany and the UK so they can benefit from our automation technology.”