Equilend sees jump in securities lending 29 September 2011New York Reporter: Anna Reitman
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EquiLend has announced a 16 per cent jump in the number of borrowing and lending transactions on its platform since the start of 2011.
Backed by some of the largest global firms, the platform has grown to facilitate 28,000 transactions in a single day valued at $21.3 billion.
This year, Equilend has signed on more clients than in any other year - RBC Dexia, ZKB, Prudential Investment Management, among them - and celebrates a decade in operation.
Laurence Marshall, managing director and COO of Equilend, says, "Our ability to be flexible and to adapt to the rapidly changing international regulatory environment enables us to innovate and create the appropriate technology to meet our clients’ needs.”
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