In a one-on-one Q&A session with Inside Reference Data
, Genevy Dimitrion, executive sponsor of the Industry Initiatives Working Group at ISITC and vice president of State Street, spoke on Legal Entity Identifiers (LEIs) and the great strides the industry has made in collaboration and support of this initiative. She also mentions the progress being made to adopt ISO 20022 standards, while making note that only time will bring to light what standards are a best fit. Overall, the article points to a belief that the LEI will improve the overall quality of data by helping market participants link all industry, proprietary, and market-specific identifiers in a more standardized way.
Inside Reference Data ? Special Report