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Introduction of BEI Beyond Industry’s Level of Maturity, Research Warns

At 22 May 2008 06:59:00 in RDR-Industry Initiatives, Reference Data Review Full content requires subscription

Regardless of an understanding of the benefits of introducing a standard business entity identifier (BEI), the industry is as yet unconvinced that the cost of its introduction is justifiable. That is the message that the EDM Council, consultancy firm Bearingpoint and Swift heard loud and clear during interviews conducted with 15 international financial institutions as part of their research project on the future of the BEI.

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