LEI System Blog

Kristian Hein, October 6

ESAP and the LEI: Europe’s New Financial Data Platform

The European Single Access Point (ESAP) is bringing financial and company information from across the EU into one system. As the platform expands, more financial market data will become standardized, machine-readable and easier to access across borders. This also increases the need to reliably identify the legal entities behind that information, giving the Legal Entity Identifier (LEI) an important role in the new data architecture. We look at how ESAP works, where the LEI already fits into the framework, and why its role in Europe’s financial data infrastructure could continue to grow.