EquiLend

Kevin McNulty, Head of Reg Tech Solutions; Mike Norwood, Head of Trading Solutions; and Gabi Mantle, Head of Post Trade Solutions, share their thoughts on FINRA’s SLATE system, the challenges of adapting to T+1 and the benefit of the increased focus on securities finance in evaluating T+1 readiness in this article from FTF: https://lnkd.in/e-cx8Duq #equilend #fintech #securitiesfinance #FTF

The global securities finance industry generated $2.49 billion in revenue for lenders in the third quarter of 2024, according to DataLend, the market data service of fintech EquiLend. The figure represents a 6% decrease from the $2.65 billion generated in Q3 2023. #dataanalytics #marketdata #securitieslending #fintech #equilend #securitiesfinance https://lnkd.in/es4BnUjm

The Accelerated Settlement Taskforce (AST) for the UK, published their recommendations for UK market participants for T+1 Settlement, Friday, Sept 27. Since the inception of the Taskforce working group in Dec 2022, EquiLend Global Head of Post-Trade, Gabi Mantle, has been engaged with the Taskforce and since March this year has lent her industry expertise to the working group for the securities finance technical workstream. We are pleased to see recalls automation as a key recommendation from the AST report. Our fully reimagined Recalls Notification and Workflow tool was designed in direct response to client demand in the U.S. and Canada and resulted in 176% recalls volumes increase in the first 7 days of T+1 go live and, as a global solution is well positioned to support UK flow.  We also welcome the inclusion of recommendations for electronic solutions for SSI management and of Digitized KYC for client onboarding. EquiLend Enhanced SSI Repository, in partnership with SSImple delivers pre-matching, enrichment, management, secure storage and sharing of SSIs. Clients can further ease the transition to T+1 with EquiLend Onboard+, powered by KYC specialists valid8Me. Onboard+ enables onboarding time to be reduced by 90% and onboarding costs to be reduced with use of centralised document storage, exchange and management, ensuring borrowers and lenders can access market liquidity ever more swiftly. Comprehensive management and sharing of SSIs and KYC data is only possible at the speed T+1 demands, with automation. EquiLend will continue to engage actively with the Taskforce as they move forward with implementing the recommendations, you can view our reaction to the recommendations at the link below. #equilend #posttradesolutions #Settlement #T1 #securitiesfinance #securitieslending #fintech https://lnkd.in/d5yZ73zC

EquiLend was back on the road last week. Members of our Product, Sales and CRM teams enjoyed connecting in region, hosting clients in #Paris. Thanks to all of our clients who attended.    #equilend #securitiesfinance #fintech

EquiLend has received the Accelerated Settlement Taskforce Report, published today, September 27. We welcome the publication of the recommendations for securities finance and will publish our full response shortly. Initially, we are encouraged by the specific inclusion of recalls and SSI automation as these two processes have the potential to be the most disruptive to the success of T+1 for securities finance in the UK if left unaddressed. We are also pleased to see the call for automated solutions for KYC and onboarding, both areas that have rightfully received considerable attention recently. #settlement #posttrade #securitieslending #fintech #equilend #securitiesfinance

Dharmendra Kapadia and María Victoria Trebucq represented our DEI Committee this week at the SDG Summit in NYC, where they enjoyed hearing from a diverse range of experts and forward thinkers in propelling the U.S. private sector's efforts in universal environmental and social principles forward. Specifically relevant for EquiLend, was the ‘Funding Tomorrow’ panel which discussed role of finance in furthering the global sustainability agenda.    Dharm commented “EquiLend’s participation in this the SDG Summit was important for multiple reasons. First and foremost, EquiLend is a vendor to financial services companies that have clear SDG mandates impressed the upon organizations that provide services to them. Second, EquiLend can make its voice heard across all industries by having a seat at the table. EquiLend can learn from the initiatives other companies have already implemented successfully.”   #SDGsummit #unglobalcompact #DEI #equilend #fintech 

We’re at the Reg Tech Summit in midtown NYC today! Visit us at Stand 4 to better understand how our innovative range of regulatory solutions for securities finance can reduce risk and maintain compliance for your firm. Our solutions include SEC Rule 10c-1a, ALD, SFTR, CSDR and EquiLend Onboard+.  Taufiqur (Taf) Rahman, Felicia Goldring, Luke Valdes #equilend #fintech #securitiesfinance #financialregulation #regtechsummit https://lnkd.in/e7cziftS

As regular participants in National Inclusion Week, the initiative from Inclusive Employers, we encourage inclusivity within each of our core values: Community, Culture and Diversity. We regularly hold webinars on topics such as Mental Health Awareness and with this year’s theme of #impactmatters, we’re encouraging #teamequilend to attend the program of webinars available this week to ensure we continue to embody and drive greater inclusion in the workplace. #impactmatters #nationalinclusionweek #inclusiveemployers #diversity #equity #inclusion #securitieslending #fintech #equilend #securitiesfinance https://lnkd.in/g3YaWJ98

EquiLend is Great Place To Work UK Best Workplace for Wellbeing UK Certified! To make the list employers are considered to consistently place employee wellbeing at the heart of their workplace culture and score well for work-life balance and job satisfaction, amongst other metrics.    The votes come from employees themselves, there is no greater acknowledgement of our dedication to supporting #teamequilend than such positive public recognition of our culture. https://lnkd.in/e2JyHTnT #greatplacetowork #teamequilend #securitieslending #fintech #equilend #securitiesfinance

EquiLend CRM has been out on the road this week, deepening meaningful connections and bringing clients together. This week we’ve been in #Frankfurt and #Milan, next stop #Paris! Thanks to all the clients who attended. #equilend #securitiesfinance #fintech