Anetics adds new capabilities to Twill platform
29 October 2013 Pittsfield, Massachusetts
Image: Shutterstock
Anetics has updated its Twill platform with new functionality that allows listings of securities for borrow and loan.
Anetics develops and implements securities lending technology platforms, reducing the infrastructure investment of its clients. Its platforms are available white-labelled so as to allow the user to maintain consistency in tool kit branding.
Following the update, a user may make bids and offers in any screen in real time, which will raise an alert on the counterparty’s desktop when a new order is pending. This streamlines workflow between counterparties.
Anetics business analyst Chelsea Potvin said: “This is particularly useful for lenders in possession of warm or hot stocks that don’t have time to be on the phone with many different counterparties, yet wish to engage with multiple borrowers concurrently.”
Rob Sammons, CEO at Anetics, added: “We’ve been experimenting with different methods for dealers to interact for many years. Early on our efforts were met with resistance to such new methods. However, times have changed and this latest enhancement makes it easier than ever.”
Anetics develops and implements securities lending technology platforms, reducing the infrastructure investment of its clients. Its platforms are available white-labelled so as to allow the user to maintain consistency in tool kit branding.
Following the update, a user may make bids and offers in any screen in real time, which will raise an alert on the counterparty’s desktop when a new order is pending. This streamlines workflow between counterparties.
Anetics business analyst Chelsea Potvin said: “This is particularly useful for lenders in possession of warm or hot stocks that don’t have time to be on the phone with many different counterparties, yet wish to engage with multiple borrowers concurrently.”
Rob Sammons, CEO at Anetics, added: “We’ve been experimenting with different methods for dealers to interact for many years. Early on our efforts were met with resistance to such new methods. However, times have changed and this latest enhancement makes it easier than ever.”
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