ISLA welcomes ION as new member
21 January 2025 UK
Image: Andrii_Yalanskyi/stock.adobe.com
ION Markets has joined the International Securities Lending Association (ISLA) as a new member.
The company develops software to improve decision-making, increase efficiency, and simplify complex processes across a range of industries.
Through its markets division, ION offers trading and risk management solutions for equities, fixed income, forex trading, cleared derivatives, secured funding, and asset management.
As an associate member, ION aims to contribute to defining trade lifecycle processing standards for repo and securities lending as business processes are automated and standardised.
Commenting on the move, Ed Tyndale-Biscoe, head of secured funding product development at ION, says: “Joining ISLA demonstrates our commitment to advancing the securities lending industry by fostering innovation, contributing to the development of best practices, and engaging in advocacy.
“Through active participation in regulatory initiatives and collaborative efforts, we aim to shape a stronger, more resilient market that meets the evolving needs of all stakeholders.”
With more than 200 member firms, ISLA represents the common interests of securities lending and financing market participants across Europe, Africa, and the Middle East.
Through its member working groups and securities lending guides, ISLA also plays a role in the creation and promotion of market best practices and processes.
Alistair Griffiths, director of business development at ISLA, adds: “We look forward to working closely with [ION] as we continue to collaborate with our members to further develop the technology frameworks and best practices that underpin the securities lending and borrowing sector.”
The company develops software to improve decision-making, increase efficiency, and simplify complex processes across a range of industries.
Through its markets division, ION offers trading and risk management solutions for equities, fixed income, forex trading, cleared derivatives, secured funding, and asset management.
As an associate member, ION aims to contribute to defining trade lifecycle processing standards for repo and securities lending as business processes are automated and standardised.
Commenting on the move, Ed Tyndale-Biscoe, head of secured funding product development at ION, says: “Joining ISLA demonstrates our commitment to advancing the securities lending industry by fostering innovation, contributing to the development of best practices, and engaging in advocacy.
“Through active participation in regulatory initiatives and collaborative efforts, we aim to shape a stronger, more resilient market that meets the evolving needs of all stakeholders.”
With more than 200 member firms, ISLA represents the common interests of securities lending and financing market participants across Europe, Africa, and the Middle East.
Through its member working groups and securities lending guides, ISLA also plays a role in the creation and promotion of market best practices and processes.
Alistair Griffiths, director of business development at ISLA, adds: “We look forward to working closely with [ION] as we continue to collaborate with our members to further develop the technology frameworks and best practices that underpin the securities lending and borrowing sector.”
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