LEI Pass to issue Legal Entity Identifiers (LEIs) with RapidLEI’s technology in new partnership

LONDON, UK AND STOCKHOLM, SWEDEN – 6 August 2020 – Today RapidLEI, Ubisecure’s Legal Entity Identifier (LEI) issuance service, announced a new partnership with Sweden-based LEI Registration Agent, LEI Pass.

RapidLEI is a Global LEI Foundation (GLEIF) accredited Local Operating Unit (LOU), taking the world by storm as the number one issuer of new LEIs and the leading LOU for data accuracy. Its success is owed to a combination of its pioneering automated issuance technology, advanced partnership programme and the new LEI use cases it is driving alongside its partners.

LEI Pass is leveraging RapidLEI’s LEI issuance technology to offer localised expertise to its customers in Sweden and beyond. Sweden accounts for 3.8% of LEIs worldwide, presenting a significant business opportunity for LEI management and renewals in the country. LEI Pass’s primary vision is to take the hassle of LEI registration and renewal away from customers, with fast, easy registration and subscription-based payment plans. Its founders have a history of creating successful brands, and plan to leverage the LEI further. RapidLEI offers its same session issuance technology as an API, enabling further use cases of the LEI such as the incorporation of LEIs in SSL certificates.

Kim Andersen at LEI Pass said, “the LEI presents so many opportunities for enhanced trust in transactions, with tangible value for the banking and payments industries. To fully realise this potential, registering an LEI should be fast and easy. With RapidLEI’s technology, it is. We’re making it easier for customers to focus on what they do best while leaving LEI management to us.”

Chris Hudson, Director of Channel Sales at RapidLEI, said, “we have long envisioned the value that LEIs bring to a variety of use cases. It’s great to partner with LEI Pass as they share this vision and will bring their experience as seasoned entrepreneurs to innovate alongside us.”

Find out more about RapidLEI’s partnership programs at rapidlei.com/partners.

 

About LEI Pass

LEI Pass is a RapidLEI Registration Agent whose purpose is to drastically simplify the process of applying for, and renewing, LEIs. Together with RapidLEI, LEI Pass leverages technology to provide a smooth, simple and secure service resulting in accurate LEI issuance.

For example, LEI Pass offers subscription based payment plans which greatly reduces the risk of customers’ LEIs lapsing while simultaneously simplifying customers’ LEI management.

Find out more at www.leipass.se or www.leipass.com

LEI Pass LEI: 984500A8C57C9FNEE790

 

About Ubisecure and RapidLEI

Ubisecure is accredited by the Global Legal Entity Identifier Foundation (GLEIF) to issue Legal Entity Identifiers (LEI). RapidLEI is a Ubisecure service that automates the LEI lifecycle to deliver LEIs quickly and easily. As well as pioneering LEI automation, the company is a technology innovator and provides identity management software and cloud identity services that enable enterprises and governments to enhance customer experience, security and privacy through support for strong identities and management of customer identity data. Ubisecure also provides solutions to companies maintaining their own strong customer identities (such as banks and mobile network operators) to become Identity Providers (IdP) for strong authentication and federation services.

For more information please visit rapidlei.com or www.ubisecure.com

Ubisecure LEI: 529900T8BM49AURSDO55