LEI Solutions: LEI in Banking
LEI for Banks
RapidLEI empowers banks to deliver client compliance while meeting LEI related regulatory requirements. The platform makes it simple to ensure global transactions are uninterrupted, and LEI risk and costs are well managed.
RapidLEI trusted by the world's leading banks
Transform how clients meet regulation, and simplify your Entity Data Management
The LEI is needed by asset management clients to meet over 300 regulations. RapidLEI makes it simple for Asset Managers and Investment Managers to search, discover, maintain and register LEI for funds, trusts, and Legal Entities issued to clients and counterparties. The RapidLEI platform makes it fast and simple to manage client LEIs, and the API can integrate into trade applications and workflows to identify missing or inaccurate LEIs, to avoid trade delays or non-compliance fines.
How RapidLEI can help Banks
Meet Regulatory Demands
300+ Regulations
Faster KYC/KYB
LEI Issued in Minutes
Better Entity Data
Enhance and clean
Organisations, Funds & Trusts
All LEI types supported
“From 1 May 2025, the Bank will mandate the use of LEIs for all payments between financial institutions, as set out since our 2020 policy statement. This requirement applies to payments made via a channel controlled by the DP until our proposed expansion to all channels from November 2027. The Bank continues to encourage the inclusion of LEIs for all CHAPS payments where possible prior to this date.
It remains the Bank’s vision to widen the LEI requirement to all CHAPS payments over time.”
Bank of England
Benefit from the LEI with RapidLEI's solutions for financial services
GLEIF Validation Agents
LEI Everywhere™
LEI for clients
Banks can use LEI Everywhere to achieve the benefits of the GLEIF Validation Agent program during initial onboarding, KYC/KYB, or during a client refresh update
- Utilise the LEI registration process to augment and improve KYB reference data on clients as they are onboarded
- Leverage existing KYC/KYB, AML and Compliance-as-a-Service workflows to streamline LEI issuance to banking clients
- Integrate into existing workflows via LEI registration API or UI
There is no need to engage with the LEI Issuer in a separate, often time consuming, validation process just for the LEI registration. Client onboarding and LEI issuance become synchronous.
Maintain Compliance
EnterpriseLEI™
LEI for group companies
EnterpriseLEI makes it simple to manage the entire lifecycle of every LEI Number within your banking group. Discover, register and manage group LEIs in bulk.
- Instant status, reporting and analytics via a single dashboard to gain actionable insights
- Consolidate LEIs across companies and LEI Issuers more effectively
- Reduce LEI management costs by elimination of manual LEI tasks
Time spent managing LEIs is reduced, LEI subscription costs are lowered, and the risk of LEIs falling into lapsed state can be well mitigated.
Insights from the GLEIF
McKinsey on KYB
“The power of LEIs to transform client lifecycle management in banking: a U.S.$4 billion beginning”
Research from the GLEIF and McKinsey has illustrated the potential benefits to banks using LEI in the onboarding, KYB workflow.
EACT on Verification of Payee
“The LEI provides an exact, unique identifier for each entity, eliminating the issue of close matches.”
The EU Instant Payments Regulation demands that by 9 October 2025, all Eurozone payment service providers must verify a payee’s name against their IBAN before processing transactions.
Pairing the LEI with an IBAN enhances transparency, prevents fraud, and supports automation in payment processing.
GLEIF-Accredited
Ubisecure RapidLEI has been a GLEIF-accredited LEI Issuer (Local Operating Unit) since 2018.
ISO 27001
Ubisecure RapidLEI is ISO 27001 compliant, reflecting our commitment to the secure management of information systems.
Policy Conformity Flag
Ubisecure RapidLEI ranks #1 across all LEI Issuers for achievement of the ROC Policy Conformity Flag.
Explore more Banking Resources
Whitepaper
Driving Global Transparency & Efficiency for Banks
Explains how LEIs enable trust, transparency, and efficiency across financial systems, highlighting roles for banks, registries, and validation agents.
ebook
Decoding LEI Requirements for the CHAPS ISO 20022 Enhanced Data Policy
Explains LEI obligations in the Bank of England’s CHAPS migration, outlining timelines, compliance guidance, and benefits of LEI adoption.
Whitepaper
The Value of LEI Automation for Banks
Shows how banks can cut onboarding costs and gain compliance advantages by automating LEI issuance through Validation Agents.