The Association of National Numbering Agencies (ANNA) has added almost a dozen additional jurisdictions to the open-source relationship files provided through the certified ISIN-to-LEI mapping service, bringing the total to 41.
ANNA, is a global member association that upholds the ISO principles by promoting, ISINs, classification of financial instrument codes, and financial instrument short names, for financial and referential instruments.
This certified initiative, which ANNA has undertaken with the Global Legal Entity Identifier Foundation (GLEIF), maps international securities identification numbers (ISINs) to their corresponding legal entity identifiers (LEIs).
The collaboration between GLEIF, ANNA and the national numbering agencies (NNAs) was launched as a pilot project in April 2019 with the aim of bringing these two ISO standards together to improve transparency and aid risk and exposure management.
The two entities are working to identify how existing workflows could be leveraged or modified for enhanced validation, resulting in GLEIF certification. Volumes of ISIN-to-LEI coverage have grown to 5.2 million active ISINs linked to almost 72,000 unique LEIs.
The linking of ISINs and LEIs has been endorsed by regulators, including the Financial Stability Board and the European Securities and Markets Authority.
Twenty-two NNAs have joined the ISIN-to-LEI Mapping initiative to date with ISIN coverage across 41 jurisdictions.
The latest jurisdictions to join include Antigua and Barbuda, Bermuda, Bahamas, Belize, Cayman Islands, Curacao, Grenada, Marshall Islands, Philippines, Puerto Rico, Saint Lucia, Saint Vincent and the Grenadines, Trinidad and Tobago and Virgin Islands (British).
The partners say that more NNAs are “in the pipeline”.
The ISIN-to-LEI mapping table is freely available to all without restriction, and links to the data are available on both the GLEIF and ANNA websites.
Dan Kuhnel, chair of ANNA, says: “We are delighted to see the initiative grow from strength to strength with NNAs joining on an ongoing basis. The partnership has exceeded initial expectations of purely mapping to incorporate new issues as it has also included mappings for existing active ISINs. It will continue to provide harmonised data standards to an increasing number of market participants.”
Stephan Wolf, CEO at GLEIF, adds: “I’m excited that our partnership with ANNA is bringing ISO standards together and enabling data integration. Data quality has remained high with the number of third party challenges being very low. We know the partnership will only continue to strengthen and help the industry continue to find integration and seamless data alignment.”