GLEIF and OpenCorporates Expand Partnership to Increase Legal Entity Transparency in Global Markets

LEI-mapping capability enhanced as LEI data links to corresponding records in OpenCorporates database

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The Global Legal Entity Identifier Foundation (GLEIF) has announced that LEIs have been linked with corresponding records in OpenCorporates’ global database of legal-entity data, thanks to an expansion of a long-standing partnership between the two organizations. OpenCorporates is the largest open database of companies in the world.

Both organizations are uniquely focused on ensuring that open and reliable entity reference data is publicly available to promote transparency and increase trust in the business environment and simplify and reduce the cost of customer and third-party management. Open, public, high quality, and electronically accessible company data is critical to address the hidden risks in financial markets and global supply chains, as well as tackling money laundering and the criminal use of companies, particularly as business operations become more automated.

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