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Technology news

Kellner DiLeo & Co. opts for EquiLend


28 January 2011 New York
Reporter: Justin Lawson

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Image: Shutterstock
EquiLend, has announced that Kellner DiLeo & Co., (KDC), has signed on to use its services. KDC will utilize EquiLend’s post trade services to facilitate automation and efficient maintenance of their securities financing positions.

Brian Lamb, CEO of EquiLend stated, "We are pleased to welcome Kellner Dileo to the platform. EquiLend’s suite of post trade services contributes to operational efficiencies, timely reconciliation and risk mitigation for our clients." He continued, “KDC’s new head of Securities Lending, Rory Zirpolo, is a past client and we very much look forward to continuing our relationship with both Rory and KDC for many years to come.”

Rory Zirpolo, Portfolio Manager of KDC commented, “As a former board member of EquiLend, I am delighted to re-engage with this world-class group of securities lending professionals.  Kellner DiLeo is actively developing partnerships within the business to augment our existing platforms, and today represents a key building block in that process.”
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