While implementation of the LEI (Legal Entity Identifier) for financial market participants is still several months away, and benefits from the LEI may not be seen until 2013 or later, Alacra believes that the LEI will become an essential and integral part of every financial institution’s reference data operation. Alacra is preparing for the release and adoption of the LEI, and we plan to integrate the LEI into our Concordance services immediately upon release. Our clients will benefit from Instant Integration℠, a compelling solution that maps the LEI to dozens of entity, industry, and internal identifiers.”

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