APIR Systems Limited (APIR) is an independent, privately owned utility that provides a critical component of the wealth management industry's infrastructure.
Since 1993, APIR has been identifying, coding and managing reference data for unlisted financial products. Today APIR is the industry standard identification regime in Australia, having been endorsed by the Financial Services Council (FSC) in 1999.
From a standard perspective, the "APIR Code" is universal across the Australian wealth management industry, being used by all the distribution platforms, custodians and fund administrators. Our supporting data services are used by leading research houses, data houses, major software developers and financial planning desktops.
Today some A$3 trillion worth of investments are transacted, managed and administered by service providers that rely on APIR and ISIN codes and on our range of reference data services to support their systems, processing and reporting and documentation requirements.
In Australia, we are the issuer of ISIN (International Securities Identification Numbers) under licence from the Australian Stock Exchange (ASX) and the Registration Agent in Australia and Asia for the London Stock Exchange (LSE) for the issuing of Legal Entity Identifiers (LEI).
APIR is made up of a dedicated team of people with extensive financial services, standards and technology experience. They each bring their individual skills, knowledge and backgrounds together to form a strong, innovative and resilient workforce with a common vision to serve the needs of our clients and industry stakeholders.