Trust and innovation: How Alexandre Kech is shaping the future of the Legal Entity Identifier (LEI)

29 Januar 2025

The importance of the Legal Entity Identifier (LEI) in the digital world

In an increasingly digitalised economy, the Legal Entity Identifier (LEI) is becoming increasingly important. Companies worldwide need a reliable, standardised method of identification to meet regulatory requirements and increase trust in global financial transactions. Alexandre Kech, CEO of the Global Legal Entity Identifier Foundation (GLEIF) , plays a central role in driving innovation and further development of the LEI system.

LEI number: a key to global transparency

The LEI is a unique identifier for companies and organisations involved in financial transactions. The introduction and establishment of the LEI number will make it easier to validate company data and fulfil regulatory requirements efficiently. This will improve security and transparency and reduce risks for banks, financial institutions, and business partners.

With his many years of experience in blockchain, digital identities, and financial technology, Alexandre Kech is actively committed to optimising the LEI system. His aim is to further expand the use of the LEI number and integrate it into modern digital business processes.

Alexandre Kech’s role in the further development of the LEI

As an experienced expert in digital standards and blockchain technologies, Alexandre Kech has significantly contributed to the spread of the Legal Entity Identifier (LEI). His vision is to provide companies worldwide with an even more secure and efficient means of identification.

During his career, Kech has been instrumental in implementing LEI-based solutions. Under his leadership, GLEIF is driving innovation, including the integration of the LEI with blockchain technologies and Self-Sovereign Identity (SSI) solutions. These technologies enable companies to link their LEI numbers to decentralised identity solutions, further increasing security and efficiency in global trade.

Why companies need an LEI number now

The use of the Legal Entity Identifier (LEI) offers companies numerous advantages, including

Increased transparency:

a globally unique corporate identifier minimises risk and improves trustworthiness.

Regulatory compliance:

Many financial regulators now require companies conducting financial transactions to use an LEI number.

Efficient transactions:

An LEI number allows business partners to be validated more quickly, speeding up trading and financial processes.

Optimisation of digital identity:

Companies benefit from secure and future-proof identification methods by combining the LEI with innovative technologies such as blockchain.

Conclusion: The future of the LEI under the leadership of Alexandre Kech

With Alexandre Kech at the helm of GLEIF, the future of the Legal Entity Identifier (LEI) is secure. His expertise in financial technology and digital identities will enable the LEI to be further developed and new, innovative applications to be created. Companies that want to prepare for a digitally connected future should now apply for an LEI number and benefit from the advantages of a globally standardised corporate identifier.

Are you ready to take your business to the next level with a Legal Entity Identifier (LEI)? Register your LEI number today and reap the benefits of a transparent, secure and efficient business environment!