Global Markets Entity Identifier (GMEI) utility
For specific purposes relating to reporting OTC derivatives transactions to trade repositories registered with the CFTC, these GMEI identifiers are also still referred to as CICIs.
The Global Markets Entity utility (GMEI), formerly known as the CICI Utility, is DTCC's legal entity identifier solution offered in collaboration with SWIFT. The GMEI utility is a pre-Local Operating Unit of the Global Legal Entity Identifier System.
The GMEI utility creates and assigns globally accepted unique identifiers, known as GMEI codes, that conform to the ISO 17442 standard. It also stores and validates the accuracy of the associated reference data and is a key enabler of systemic risk monitoring capabilities for regulators and a strong counterparty risk management tool for financial firms. Therefore, this utility has been built with the capabilities necessary to support a Global Legal Entity Identifier (GLEI) solution and is capable of issuing identifiers for other regulators as rulemaking is finalized.
The GMEI utility offers access to the following functions:
If you are interested in reviewing existing registered records, you can search the database by selecting Search. Customizable filtering criteria can be applied to make your search results more relevant to your interests. Users are able to search the full set of GMEI registration requests on our Staging Database as well as limit their search to only those records that appear in the GMEI database that have completed validation and have been assigned GMEIs.
If you are looking to register an entity that you are affiliated with for GMEI assignment, you can do so by selecting Register. Your self-registered entity will be visible on the GMEI utility Staging Database after registration is completed. The record will then undergo review by the validation team, who will update the Record State of the record with their findings. After completion of this validation review, a GMEI code will be assigned to your record and the results will be listed on the GMEI utility Portal in the GMEI Issued Database.
If you are a financial institution interested in registering your client or another party for GMEI assignment, after receiving their explicit permission to do so, you can select Register to begin the process. Your registered entity will be visible on the GMEI utility Staging Database after registration is completed. and will have a Maintenance State set to "Current". The record will then undergo review by the validation team, who will update the Record State of the record with their findings. After completion of this validation review, a GMEI code will be assigned to your record and the results will be listed on the GMEI utility Portal in the GMEI Issued Database.
Users should return to the GMEI utility Portal and maintain their records on an annual basis. You can maintain a record on by selecting Maintain and Challenge. This will allow you to supply updated information at the time of the request, and allows you to receive notifications regarding the record.
If you believe that an existing registered record contains inaccurate information, the GMEI utility would like your input. You can challenge the data associated with a record by selecting Maintain and Challenge.