Gleif establishes partner programme
The Global Legal Entity Identifier Foundation (GLEIF) today launched the GLEIF Partners Program, a new global initiative fostering increased collaboration among key stakeholders to accelerate the adoption of the Legal Entity Identifier (LEI) and verifiable LEI (vLEI) across sectors.
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GLEIF's Partners Program creates a unique forum for data and technology vendors, financial institutions, corporates, certification authorities, and trust service providers that brings together key stakeholders to develop high-value offerings by leveraging the technology and strategic importance of the LEI and vLEI. The innovation led by GLEIF partners will be key to advancing a more trusted global economy.
'Building a more open and transparent global marketplace is dependent on interoperable, verifiable organizational identity,' comments Alexandre Kech, CEO at GLEIF. 'The LEI and vLEI provide significant opportunities to enhance transparency and build greater trust across global markets. By convening organizations from across the world with a shared mission of improving digital trust and maximizing the utility of the (v)LEI, the program promises to enable invaluable exchanges that will advance secure and transparent business interactions - promoting sustainable growth across the global digital economy.'
Global organizations that have recently joined the GLEIF Partners Program include JacobsenID, a Nordic identity assurance service provider interested in enabling vLEI use cases, Montran, a provider of payment and capital market infrastructure solutions operating in over 90 countries, and NETS Solutions, a specialist in payment and securities settlement solutions for central banks. NETS Solutions, part of the Singapore-based payment services NETS Group, extends GLEIF's strategic focus and sustained engagement in the APAC region. The new program also integrates members from previous GLEIF's stakeholder groups to foster greater collaboration between longstanding stakeholders and new partners.
'Montran is honored to be among the inaugural members of the GLEIF Partners Program. Since the inception of the Legal Entity Identifier as an international standard, we have integrated it into our solutions for payments and capital markets, supporting many of our clients in its implementation. We look forward to expanding our collaboration with GLEIF across various instruments and transaction types, learning from other partners' best practices, and sharing our own - in a true spirit of cooperation,' says Matthieu de Heering, Global Head of Business Development, Capital Markets at Montran.
'Our partnership with GLEIF marks a significant milestone in NETS Solutions' mission to deliver robust, future-ready solutions in payments and securities settlement. Supporting the use of Legal Entity Identifiers ensures our clients benefit from globally recognized, verifiable company identities, streamlining onboarding, KYC, and risk management processes,' comments Saw Choo Tatt, CEO, at NETS Solutions.
GLEIF encourages any organization that uses or plans to integrate LEI or vLEI data into their operations to join its Partner Program. Key benefits include:
• Exclusive Product Listings: Promote your (v)LEI-enabled offerings on a trusted platform, connecting directly with data consumers.
• Global Visibility: Gain exposure through GLEIF's global network, engage with industry leaders and contribute to strategic developments within the Global LEI System.
• Strategic Engagement: Access exclusive market insights, regulatory updates, and industry best practices.
Eligible stakeholders, including those already active in GLEIF's existing stakeholder groups, will automatically be enrolled. New participants can join via gleif.org or by contacting info@gleif.org.
'The GLEIF Partners Program is essential in bridging the digital identity gap for legal entities around the world. This initiative goes beyond promoting the LEI and vLEI - it is about building a community of practitioners who understand their practical value. From streamlining client onboarding to expanding access to trusted identity credentials globally, GLEIF Partners are delivering real-world benefits,' comments Guillermo De la Fuente, SwissTreasurer, and Co-chair of GLEIF's Partners Program.
'The GLEIF Partners Program brings together a powerful network of organizations committed to enhancing global transparency, trust, and interoperability. At XBRL, we are proud to support this initiative, which aligns closely with our mission to improve the accessibility and reliability of business information in the digital economy,' says John Turner, CEO, XBRL International, and Co-chair of GLEIF's Partners Program.
While participation in the GLEIF Partners Program is free, our Contributions & Sponsorship Framework provides partners with the opportunity to amplify the program's impact, foster collaboration, and support key initiatives that strengthen the Global LEI System.
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