DataLend makes reporting more transparent
28 January 2014 New York
Image: Shutterstock
A service that enables agent lenders and beneficial owners to benchmark their securities lending performance has been released by DataLend.
The Client Performance Reporting service allows users to produce customisable reports on overall firm, beneficial owner organisation and legal entity-level performance metrics over time. It provides peer group performance comparisons and benchmarking using a variety of filters, including collateral types allowed, fiscal location, fund size, fund type and other attributes.
It takes a standardised approach to peer group benchmarking, allowing for flexibility while ensuring a representative sample size.
Ben Glicher, chief information officer and head of DataLend, said: “More than ever, beneficial owners are asking for more transparency into the performance of their securities lending programmes.”
“Client Performance Reporting allows agent lenders to supply their clients with insight into their securities lending activities, not just on an individual beneficial owner level but with the added depth of benchmarking against industry peers.”
The new service is available to DataLend’s agent lender users. Beneficial owners may also request reports.
The Client Performance Reporting service allows users to produce customisable reports on overall firm, beneficial owner organisation and legal entity-level performance metrics over time. It provides peer group performance comparisons and benchmarking using a variety of filters, including collateral types allowed, fiscal location, fund size, fund type and other attributes.
It takes a standardised approach to peer group benchmarking, allowing for flexibility while ensuring a representative sample size.
Ben Glicher, chief information officer and head of DataLend, said: “More than ever, beneficial owners are asking for more transparency into the performance of their securities lending programmes.”
“Client Performance Reporting allows agent lenders to supply their clients with insight into their securities lending activities, not just on an individual beneficial owner level but with the added depth of benchmarking against industry peers.”
The new service is available to DataLend’s agent lender users. Beneficial owners may also request reports.
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