FinTution and ISLA extend course discount
19 April 2013 London
Image: Shutterstock
FinTution and the International Securities Lending Association (ISLA) have agreed a change in the discount structure for their Introduction to Securities Lending course for staff of beneficial owners and regulatory bodies.
The standard cost of the course is £495. In the past, only staff of ISLA member firms benefitted from a £200 discount.
Now, those who work for beneficial owners or regulatory bodies can also benefit from the discount, as long as an ISLA member introduces them to the course.
Kevin McNulty, CEO of ISLA, said: “We are pleased with the extension of the discount for this course and hope that this will encourage more beneficial owners and regulators to have their staff participate in this course and benefit from the training being provided.”
“Increasing the understanding of securities lending to both members and non-members, is a key aim of ISLA, and this introductory course is a part of our ongoing commitment in this area.”
FinTuition said that beneficial owners wishing to send their staff on the course should consult with their agent lenders or counterparties, and if they are members of ISLA, request that they provide an introduction.
Other moves have been made recently to improve and open up securities lending education. In March, FinTuition and Finadium agreed to partner with EquiLend in the operation of EquiLend University, a global training programme for the company’s platform.
Speaking at the time, Josh Galper, managing principal of Finadium, commented: “EquiLend University is an opportunity for EquiLend, BondLend and DataLend users to solidify their expertise and gain credentials that are recognised in the securities finance business.”
The standard cost of the course is £495. In the past, only staff of ISLA member firms benefitted from a £200 discount.
Now, those who work for beneficial owners or regulatory bodies can also benefit from the discount, as long as an ISLA member introduces them to the course.
Kevin McNulty, CEO of ISLA, said: “We are pleased with the extension of the discount for this course and hope that this will encourage more beneficial owners and regulators to have their staff participate in this course and benefit from the training being provided.”
“Increasing the understanding of securities lending to both members and non-members, is a key aim of ISLA, and this introductory course is a part of our ongoing commitment in this area.”
FinTuition said that beneficial owners wishing to send their staff on the course should consult with their agent lenders or counterparties, and if they are members of ISLA, request that they provide an introduction.
Other moves have been made recently to improve and open up securities lending education. In March, FinTuition and Finadium agreed to partner with EquiLend in the operation of EquiLend University, a global training programme for the company’s platform.
Speaking at the time, Josh Galper, managing principal of Finadium, commented: “EquiLend University is an opportunity for EquiLend, BondLend and DataLend users to solidify their expertise and gain credentials that are recognised in the securities finance business.”
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities Finance Times
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities Finance Times
