Boston, September 29, 2014
The solution provided the corporation with timely reporting across the entire life cycle and the ability to shorten the cycle whilst tightening controls - allowing more time to focus on exception resolution.
In the wake of the Credit Crisis, firms are under pressure to reduce systemic risk, in part through the improvement of their view of counterparty risk. Regulatory impetus has led to the development of a standard global identifier for legal entities – the LEI – aimed at addressing the lack of market information about counterparties and issuers.
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