GLEIF and QCC join forces for LEI mapping initiative
23 April 2025 China
Image: zhouyilu/stock.adobe.com
The Global Legal Entity Identifier Foundation (GLEIF) has launched a new LEI mapping initiative with Qichacha (QCC), a Chinese business information platform.
By increasing the visibility and discoverability of Chinese companies internationally, the collaboration aims to promote trusted trading relationships and further strengthen the role of the LEI as a comprehensive global data connector.
The new initiative establishes a link between the LEI and the QCC Code. GLEIF will publish open-source relationship files monthly, in CSV format, mapping both identifiers.
Jing Yang, CEO at QCC, comments: 鈥淭his partnership with GLEIF underscores our commitment to enhancing the international visibility of Chinese businesses.
鈥淎dditionally, by aligning with the Global LEI System, we are providing our customers seamless cross-border connectivity and trust to foster new trade and growth opportunities.鈥�
Established in 2014, QCC has a database of over 500 million legal entities and acts as a source for businesses, investors, and individuals seeking real-time information about Chinese companies.
The announcement builds on QCC鈥檚 inclusion in the GLEIF鈥檚 Vendor and Services Providers Relationship Group in February 2024.
According to GLEIF, certified mapping allows Chinese businesses listed on QCC鈥檚 platform to realise greater identifiability and discoverability beyond China鈥檚 borders.
It will also benefit data users by streamlining regulatory reporting, compliance activities, and due diligence processes.
Alexandre Kech, CEO at GLEIF, adds: 鈥淲e are focused on making the LEI a truly global standard by linking it to identification schemes across jurisdictions in Asia, Africa, and Latin America.
鈥淐ertified mapping between the LEI and the QCC Code reflects this ambition and supports users of QCC products to move from national and regional identification schemes to a global identifier that is used extensively in financial services and trade globally.鈥�
In addition to the new collaboration with QCC, GLEIF provides certified mapping services in partnership with Swift, the Association of National Numbering Agencies (ANNA), and S&P Global.
These services link LEI reference data to various key industry identifiers, including the market identifier code (MIC), business identifier code (BIC), ISIN, and company ID.
By increasing the visibility and discoverability of Chinese companies internationally, the collaboration aims to promote trusted trading relationships and further strengthen the role of the LEI as a comprehensive global data connector.
The new initiative establishes a link between the LEI and the QCC Code. GLEIF will publish open-source relationship files monthly, in CSV format, mapping both identifiers.
Jing Yang, CEO at QCC, comments: 鈥淭his partnership with GLEIF underscores our commitment to enhancing the international visibility of Chinese businesses.
鈥淎dditionally, by aligning with the Global LEI System, we are providing our customers seamless cross-border connectivity and trust to foster new trade and growth opportunities.鈥�
Established in 2014, QCC has a database of over 500 million legal entities and acts as a source for businesses, investors, and individuals seeking real-time information about Chinese companies.
The announcement builds on QCC鈥檚 inclusion in the GLEIF鈥檚 Vendor and Services Providers Relationship Group in February 2024.
According to GLEIF, certified mapping allows Chinese businesses listed on QCC鈥檚 platform to realise greater identifiability and discoverability beyond China鈥檚 borders.
It will also benefit data users by streamlining regulatory reporting, compliance activities, and due diligence processes.
Alexandre Kech, CEO at GLEIF, adds: 鈥淲e are focused on making the LEI a truly global standard by linking it to identification schemes across jurisdictions in Asia, Africa, and Latin America.
鈥淐ertified mapping between the LEI and the QCC Code reflects this ambition and supports users of QCC products to move from national and regional identification schemes to a global identifier that is used extensively in financial services and trade globally.鈥�
In addition to the new collaboration with QCC, GLEIF provides certified mapping services in partnership with Swift, the Association of National Numbering Agencies (ANNA), and S&P Global.
These services link LEI reference data to various key industry identifiers, including the market identifier code (MIC), business identifier code (BIC), ISIN, and company ID.
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