Streamlining vLEI Onboarding

Secure Regulatory Compliance for Banks

Streamlining vLEI Onboarding

Secure Regulatory Compliance for Banks

Provenant creates compelling, user-friendly applications so financial institutions can take immediate advantage of the power of vLEIs.

vLEI Timeline

2018

Dr. Sam Smith invents prerotation (the core technology underlying KERI and vLEI)

2019

The KERI white paper is published

2020

Provenant is founded by telecom pioneer Randy Warshaw, vLEI co-inventor Timothy Ruff and KERI-originator Dr. Sam Smith

2021

GLEIF announces that it will use KERI to create the vLEI

2022

Provenant issues world's first vLEIs to GLEIF

2023

December

Provenant builds the authentication interface that the EBA uses

2023

December

EBA announces pilot to utilize vLEI for Financial institution regulatory filings.

A digitized future for the Global LEI System

"The need for the vLEl will continue to grow as we move into an automated, digitized future for organizations. Now, they can be equipped with a universally interoperable, decentralized trust system that can operate independently, with the highest levels of security, privacy, and ease of use.
By extending the Global LEI System for use across the digital economy, GLEIF is unlocking the power of the LEI for all industry sectors to help them benefit from digital transformation."

Stephan Wolf, CEO of GLEIF

Provenant developed vLEI from the ground up for GLEIF.

Became the world’s first Qualified vLEI issuer in 2022

Issued GLEIF’s own vLEI

Deployed first KERI based custodial wallet service

Developed white labeled, user friendly, web based suite of services to simplify vLEI issuance

Created XBRL document signing service, enabling GLEIF to sign their financial filings

Contributed the vLEI based web authentication service, including browser plugins, to fulfill EBA requirements

QVI Suite: Become a compliant vLEI issuer.

  • Leverage Experience: First QVI & issued vLEIs, including GLEIF’s
  • Fast track Success: Hosted turnkey solution
  • Be efficient: World’s fastest issuance

Create tamper-proof documents using Provenant's XBRL signing technology

Our system enables stakeholders to sign off on financial facts or entire documents, linking these verifications to their vLEIs.
Provenant built GLEIF’s XBRL signing system, which GLEIF uses for its 2021 and 2023 financial reports 

Read more about how the EBA is implementing vLEI to secure the global banking system

vLEI: trusted by Gartner

"The EBA has initially engaged Gartner Consulting to conduct a detailed technical risk assessment of GLEIF and vLEI. The key points from Gartner’s assessment, after scanning the market, have been that there are no comparably efficient alternative solutions globally."

Our team

Randy Warshaw
Co-Founder & CEO

Invented Kontxt Messaging AI spam mitigation platform
Former GM for Metcalf SMS platform

Timothy Ruff
Co-Founder & Advisor

Co-Inventor Sovrin
Former CEO, Evernym

Dr. Samuel Smith
Co-Founder & Advisor

Co-Inventor Sovrin
Expert in AI, Machine Learning, and autonomous reasoning.

Daniel Hardman
CTO

Former CTO/CISO, Evernym
Former Principal ecosystem engineer, SICPA
Technical Ambassador: Hyperledger, Technical Governance Board, Sovrin Foundation

Cliff Holsenbeck
CPO

25+ years in telecom veteran
Sought after business and technical expert on telecoms’ most relied upon solutions
Former VP & Director of Product:  Short Code Registry & global messaging interconnect platforms

Ruth Choueka
VP Engineering

15+ years development management
Led team for Metcalf, the largest global intercarrier SMS platform and Kontxt, the leading AI platform for SMS spam detection and analytics.

Our Products

QVI Suite

Become a Qualified vLEI Issuer (QVI)

Provenant has taken the complexity out of the GLEIF governance framework and underlying technology for the vLEI, with a suite of tools that enable smooth, fully compliant vLEI issuance without the burden of a lengthy and expensive development cycle.

  • Manage issuance of Legal Entity, OOR, and ECR credentials through a simple and intuitive user-interface
  • Ensure compliance with the EGF, including integrated NIST Level 2 identity assurance
  • Enable the holding, presentation, and revocation of credentials via easy-to-use web-based wallets
XBRL Signing

Secure, tamper proof, financial filings

Using the security and power of chained verifiable credentials, Provenant has created a simple solution to use the vLEI to sign and verify XBRL filings.  Just upload your iXBRL document, select signatories, assign facts to individuals, then have those signatories review and apply their digital signatures.

  • Completely UI driven, no need to understand XBRL
  • Document repository of past and current documents ready for signature
  • Final signed document, color coded for easily identifying signatory and multi-signed facts
User Authentication

Join the future of organizational passwordless login

Provenant’s zero-trust, browser-based, web authentication application puts the power of the vLEI to work. Organizations establish the role credential to access digital resources, issue to authorized representatives, and no longer have the expensive overhead of username/password management with the benefit of added security.

  • Minimal “verify” server-side deployment
  • Plugin available for most popular browsers
  • Verifiable chained binding: root of trust → organization → individual to resource needing accessed

Interested in becoming a Qualified vLEI Issuer (QVI)?

Provenant has taken the complexity out of the GLEIF governance framework and underlying technology for the vLEI, with a suite of tools that enable smooth, fully compliant vLEI issuance without the burden of a lengthy and expensive development cycle.

  • Manage issuance of Legal Entity, OOR, and ECR credentials through a simple and intuitive user-interface
  • Ensure compliance with the EGF, including integrated NIST Level 2 identity assurance
  • Enable the holding, presentation, and revocation of credentials via easy-to-use web-based wallets

Qualified vLEI Issuing Organization since 2022

LEI: 984500983AD71E4FBC41