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Why Name and Address Formats in ISO 20022 Matter
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Global Legal Entity Identifier Foundation (GLEIF)
business
Global Legal Entity Identifier Foundation (GLEIF)
Cross-border payments depend on trusted, interoperable entity data. In this video, Zornitsa Manolova, Head of Data Quality Management and Data Science at GLEIF, explains how the Legal Entity Identifier (LEI) and the Global LEI System support ISO 20022-compliant retrieval of beneficiary name and address data for more transparent and efficient cross-border payments.
Watch to learn how LEI-based data services can help financial institutions, payment service providers, data vendors, and corporate treasury teams improve payee verification, reduce ambiguity, and streamline cross-border payment processing. The video highlights how LEI data supports beneficiary name consistency, Latin transliterations, and address retrieval in both hybrid and fully structured ISO 20022 formats.
As of March 31, 95.6% of valid LEI records contained names and addresses in Latin script, and 79.5% used a standardized ASCII character set, creating a strong foundation for ISO 20022-compliant conversion and automated mapping. The video also points to GLEIF’s open API and an open-source code snippet that can help organizations integrate trusted entity data at low cost.
Learn how better entity data can support compliance, automation, and interoperability across the global payments ecosystem.
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