TABB Publishes Global Quarterly Ranking of LEI Infrastructures

TABB Group has ranked the collaboration between the Depository Trust & Clearing Corporation (DTCC) and SWIFT first in its global quarterly ranking of legal entity identifier (LEI) infrastructures.
By Charlie Woodward(2147487990)

 TABB Group has ranked the collaboration between the Depository Trust & Clearing Corporation (DTCC) and SWIFT first in its global quarterly ranking of legal entity identifier (LEI) infrastructures.

DTCC/SWIFT has ranked first for the second quarter of 2014, achieving a total comprehensiveness score of 94%.

The ranking includes 14 providers and is based on the validity and comprehensiveness of LEI data, as aggregated by P-LEI.org, which is then analyzed against four scales: number of entries, validity of regional information, and completeness of essential LEI field-level information.

In addition, TABB uses five metrics by to determine LEI comprehensiveness: validity points (i.e. the number of entries x total comprehensiveness); total comprehensiveness; regional comprehensiveness; field record completeness; and US record validity.

TABB Group explains, “We analyze the P-LEI’s aggregated LEI database, testing the validity of regional information against standard country and region codes to determine the percentage of accurate records.”

After this, LEI entries are then analyzed to quantify the percentage of field-level data entered for information. Relevant data includes: Legal Address, Registered City, Entity Status Code, Entity Legal Form, LEI Status Code, LEI Assignment Data, LEI Certification Status, LEI Record Last Update Data and LOU Mapping Profile. “The higher the percentage, the more populated fields each LEI record contains,” says Tabb

TABB Group CEO, Larry Tabb, states, “We want to publicly congratulate the DTCC/SWIFT LEI facility for being the highest ranked LEI provider for the second quarter of 2014. Highlighting the comprehensiveness of the LEI providers’ data submissions, the DTCC/SWIFT was followed by the Dutch Chamber of Commerce and Takasbank, the Turkish LEI provider. We also want to publicly recognize WM Datenservice and the London Stock Exchange, which round out the top three providers based upon the quantity of entries and their comprehensiveness percentage.”

The 14 LEI providers, ranked in order of total comprehensiveness, and their LEI ID include:

  • DTCC/SWIFT CICI (GMEI)
  • WM Datenservice (GEI)
  • London Stock Exchange (IEI)
  • Unione Italiana per le Camere di Commercio, Industria, Argtigianato e Agricoltura (LEIIT)
  • Institut National de la Statistique et des Etudes Economiques (INSEE)
  • Dutch Chamber of Commerce (LEINL)
  • Registro Mercanti del Reino de Espana (LEIES)
  • Centraini depozitar cennych papiru, a.s. (LEICZ)
  • Krajowy Depozyt Papierow Wartosciowych S.A. (KEI)
  • Irish Stock Exchange (LEIIE)
  • National Board for Patents and Registration (LEIFI)
  • Bundesanzeiger (CEI)
  • Takasbank (LEITR)
  • National Settlement Depository (LEIRU)

 

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