Ceviant and RapidLEI Partner to Increase Transparency in International Business and Trade

  • date

    May 25, 2023

  • Author name

    Mayowa Owojaiye

  • category

    COMPANY NEWS

  • time to read

    4 minutes

Image Article

LONDON, UK – 28 February 2023 –  UK-based FinTech company Ceviant is pleased to announce its partnership with RapidLEI, a leading automated Legal Entity Identifier (LEI) issuer, to enhance its treasury platform’s capabilities. The integration of RapidLEI’s automated issuance APIs will enable Ceviant to provide its diversified client base, including corporates & multinationals, SMEs, importers, and exporters, with LEI issuance services directly from its platform.

The LEI is a critical component in increasing transparency in international business and trade, and the partnership with RapidLEI will allow Ceviant to mandate the use of LEI in its platform. This way, companies, funds, and other financial entities can obtain a unique code that will enable the accurate and efficient tracking of transactions, eliminating data duplication and streamlining processes.

“We’re excited to collaborate with RapidLEI to offer our customers the benefits of LEI issuance, all in one place on our platform,” said Benjamin Würzburger, Group COO at Ceviant. “With the increasing adoption of LEIs globally, Ceviant is well-positioned to meet the regulatory requirements and provide its customers with the most efficient way of obtaining LEIs.”

Ceviant is a visionary in realizing the true potential of LEIs in addressing the importance of trusted identity in emerging markets, enabling economic growth. By integrating RapidLEI’s automated issuance APIs into its platform, Ceviant is now offering issuance services in the most efficient way possible for its customers.

Nathan Tourret, Strategic Partner Manager at RapidLEI, said, “We’re pleased to partner with Ceviant and offer our automated LEI issuance APIs to their customers. The LEI is a regulatory requirement in many cases, and with this partnership, Ceviant is now offering its customers a seamless experience in obtaining LEIs directly from their platform.”

The partnership between Ceviant and RapidLEI will be discussed further in a joint webinar, which will be held today at 11 am GMT. The event will provide insights into the role of LEIs in AML and other key financial areas. The attendees will include treasurers and financial professionals seeking to stay current on advancements in compliance, risk management, and financial transactions.

Join the webinar today at 11 am GMT by registering at: https://app.livestorm.co/ceviant/legal-entity-identifiers

About Ceviant

Ceviant is a UK-based financial technology company that delivers treasury and trade solutions to a large and diverse client base that includes corporates and multinationals, SMEs, importers and exporters. This includes cash management, cross-border payments, FX and working capital solutions, all of which aims to maximize liquidity and visibility.

Headquartered in London, with offices in Bucharest and Lagos, Ceviant is a member of the SWIFT partner program and is ISO accredited. With a current presence in Nigeria and the UK, the company is now extending its reach to other countries in the EMEA.

For more information, visit www.ceviant.co

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 of February 2022, over 130,000 organisations have chosen RapidLEI to issue their global organisation identifier. As well as pioneering the LEI Everywhere™ program, the company is a technology innovator and provides Identity & Access Management (IAM) software and cloud services for Customers, Workforce, & Organisation Identity use cases. Enterprises and Governments use Ubisecure IAM solutions to enhance user experience and security through improved registration, authentication, authorisation, and identity data management. Ubisecure also provides solutions to companies maintaining their own customer identity pools (such as banks and mobile network operators) to become Identity Providers (IdP) for strong authentication and federation services.

For more information about Ubisecure visit www.ubisecure.com or rapidlei.com

Ubisecure LEI: 529900T8BM49AURSDO55

Ceviant helps businesses protect and grow liquidity.

Further reading

Managing Treasury as a Global Business

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Connected APIs and Treasury Management

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Advancing the Treasury function with technology

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Easing Bank Connectivity with Fintech Innovations

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How treasury fintech is changing the way companies in Africa navigate cash management

May 24, 2023