Organization Main user enrollment

1. Business check

3. Main user employment check

2. Place of business check

The LEI code can be used to verify that the organization is an active legal entity.

2. Place of business check

3. Main user employment check

2. Place of business check

Verification specialists to use qualified independent information sources e.g. Hoovers or Dunn & Bradstreet to find the main switch board phone number.

3. Main user employment check

Verification that the person appointed to this role is employed by the organization and has the right to perform.

Organization verification steps

1. Business check

Verifying that the Applicant organization is an active and legal entity. Automated check of the organization name, business id and status is done against GLEIF database.

Requestor accepts the Vorna ID Subscription Agreement and Consent Forms.

2. Business Headquarters/Place of Business

Verification specialist will search a qualified independent information sources to find the place of business address and main switch board phone number.

In Finland The Business Information System YTJ and on an international level from official approved registries like Hoovers and Dunn & Bradstreet is used.

3. Contract Signer/ Authorization Contact

Verification specialist will check that the person appointed to this role is employed by the organization.

Verification specialist also verifies that Contract Signer/Authorization Contact approves Requester (technical administrators) to the user management admin role.

4. Higher Authority / Contact Person

Verification specialist will verify that the director/manager level person who has been appointed to Higher Authority/Contact Person role is employed by the organization and has the authority to authorize other persons to their roles.

Verification checks are done using official publicly available registries.

LEGAL ENTITY IDENTIFIER (LEI) CODE BENEFITS

Unique Identification

The Legal Entity Identifier (LEI) is a 20-digit, alphanumeric code that connects to key reference information that enables clear and unique identification of companies participating in global financial markets.

Global Directory

Unique Identification

The publicly available LEI data pool can be regarded as a global directory, which greatly enhances transparency in the global marketplace.

More information on the process for collecting data on direct and ultimate parents of legal entities is available here.

Unique Identification

Reliable

Freely Accessible

The LEI is based on the ISO standard 17442 developed by the International Organization for Standardization.

Organization Main user enrollment

1. Business check

3. Main user employment check

2. Place of business check

2. Place of business check

3. Main user employment check

2. Place of business check

3. Main user employment check

3. Main user employment check

3. Main user employment check

Need an LEI code?

Organization verification steps

1. Business check

2. Business Headquarters/Place of Business

3. Contract Signer/ Authorization Contact

4. Higher Authority / Contact Person

LEGAL ENTITY IDENTIFIER (LEI) CODE BENEFITS

Unique Identification

Unique Identification

Unique Identification

Global Directory

Unique Identification

Unique Identification

Company Information

Unique Identification

Company Information

Reliable

Freely Accessible

Company Information

Freely Accessible

Freely Accessible

Freely Accessible

Your Digital Key to Business Services.