The Association of National Numbering Agencies (ANNA) and the Global Legal Entity Identifier Foundation (GLEIF) today announce they have won the ‘Best Reference Data Newcomer’ category in WatersTechnology’s Inside Market Data and Inside Reference Data Awards 2020.
The award recognises the achievement of ANNA and GLEIF’s successful initiative, which links International Securities Identification Numbers (ISINs) and Legal Entity Identifiers (LEIs) for the benefit of the global financial industry. The initiative has been established to help market participants improve risk management through transparency of exposure by linking the legal issuing entity to their issuance of securities, and to also support firms’ requirements to fulfil regulatory obligations.
Max Bowie, editor-at-large of WatersTechnology, said, “Though ANNA and GLEIF are far from being newcomers in this space, their joint initiative to link two very important ISO standards, ISIN (ISO 6166) and LEI (ISO 17442), merited the win in our ‘Best Reference Data Newcomer’ category. Linking the two ISO standards together enables firms to aggregate data to gain a clear view of their securities exposure for a given issuer and its related entities - a crucial element in risk and investment decisions.”
Over the past eighteen months, ANNA and GLEIF have worked to bring about increased harmony in the financial markets by promoting further standardisation and availability of essential data. The published ISIN-to-LEI mapping is freely available to all as open source data – without restriction – on the GLEIF website. 19 NNAs have already opted in from the start, with more to follow in the coming months. To date, over 5.2 million ISINs have been linked to over 70,000 unique LEIs. These linkages have been voluntarily provided by NNAs, with ISIN coverage across 26 jurisdictions.
Uwe Meyer, Executive Director & Secretariat, ANNA, said, “We are delighted that this GLEIF and ANNA initiative has won ‘Best Reference Data Newcomer’ from WatersTechnology and are pleased that our work is leading to further utilisation of data standards which benefit the market as a whole. Our work with National Numbering Agencies and their commitment in providing the ISIN-LEI linkage has made this initiative an incredible achievement and testament to the collaboration within the industry.”
Stephan Wolf, CEO, GLEIF, said, “GLEIF is thrilled to win this award from WatersTechnology. By aggregating ISIN and LEI data with ANNA, the industry will continue to improve transparency and efficiency. We are excited to see the continued integration and uptake of the service so that market participants can better see their exposure by having data on the issuer and issuance of securities in one place.”
More information:
For a list of the NNA’s who have opted in to the ISIN-LEI initiative please visit ANNA’s ISIN – LEI page
GLEIF’s ISIN-LEI file is available for download here