Verified Entity Data as a Service provides accurate, centralized legal entity information for risk assessment and regulatory compliance in financial institutions.

Key Features

Centralized Legal Entity Data

• Single view of counterparties, suppliers, or issuers
• Cross-referenced with industry codes and internal client identifiers
• Covers over 190 countries and 250 jurisdictions

Data Collection and Validation

• Independently collected, validated, and maintained by research analysts
• Sourced from governments, regulatory stock exchanges, and accredited business registries

Service Models

• Managed Data Service (MDS): Manages 58 core entity record fields (e.g., LEI, SWIFT BIC, addresses, industry classifications, corporate hierarchies) for onboarding and MiFID II compliance
• Enhanced Data Service (EDS): Modular offerings for specific regulatory reporting (e.g., Dodd-Frank, EMIR, FATCA, AnaCredit, FCA Transaction Reporting)

Access and Integration

• Online user interface, file transfer, or web server access
• Single and bulk entity data management

Benefits

Regulatory Compliance

• Ensures accurate, linked, and up-to-date data for global regulatory requirements

Operational Efficiency

• Reduces time and cost of internal data checking and maintenance
• Shared pool of resources for data updates

Informed Decision-Making

• Improves client onboarding and risk management
• High data quality supports better business decisions