Business Entity Data (BED) B.V., a wholly owned subsidiary of DTCC, owns and operates the Global Market Entity Identifier Utility (GMEI) legal entity identifier (LEI) solution in the federated Global LEI system (GLEIS). Launched in 2012, the GMEI Utility is designed to provide a single, universal standard identifier to any organization or firm involved in a financial transaction internationally.
The GMEI was designed with assistance from a consortium of 14 global financial services organizations led by the Global Financial Markets Association (GFMA) to meet global industry requirements across all asset classes. LEIs issued by the GMEI Utility are ISO 17442 compliant and are recognized by all 55 global regulators who are members of the Regulatory Oversight Committee (ROC).
WHO CAN USE THE SERVICE
Legal entities from all jurisdictions involved in financial transactions can use the GMEI Utility to register for globally accepted LEIs. With data quality validation procedures in over 230 jurisdictions, the GMEI Utility provides organizations with multiple legal entity subsidiaries and affiliates worldwide with the ability to register and maintain reference data for all entities in one place.
For more information about the GMEI Utility, how the service works, and its capabilities, please refer to the GMEI Fact Sheet
on the Help and Documents page.
With over 40 years of experience, DTCC is the premier post-trade market infrastructure for the global financial services industry. From operating facilities, data centers and offices in 16 countries, DTCC, through its subsidiaries, automates, centralizes, and standardizes the post-trade processing of financial transactions, mitigating risk, increasing transparency and driving efficiency for thousands of broker/dealers, custodian banks and asset managers worldwide. User owned and industry governed, the firm simplifies the complexities of clearing, settlement, asset servicing, data management and information services across asset classes, bringing increased security and soundness to the financial markets.