NEW - BondLend, securities finance technology for fixed income
17 May 2010 New York
Image: Shutterstock
BondLend announced today the roll-out of its Securities Finance platform targeted specifically to the fixed income lending and repo community.
BondLend trading services can provide straight through processing freeing up valuable resources. BondLend's automated post trade services improve efficiency and facilitate solutions that aid in reducing manual errors, decreasing risk.
Peter Economou, Head of Securities Finance of State Street comments, "We are excited to expand our usage of BondLend beyond Contract Comparison now to Mark-to-Market Comparison and additional services."
BondLend's Fixed Income Mark-to-Market Comparison Service provides detailed collateral management exposure information for better market and counterparty risk management and allows a firm to convert middle office resources to exception processing rather than performing expensive manual trade adjustments, eliminating the need to maintain costly point-to-point connections.
BondLend trading services can provide straight through processing freeing up valuable resources. BondLend's automated post trade services improve efficiency and facilitate solutions that aid in reducing manual errors, decreasing risk.
Peter Economou, Head of Securities Finance of State Street comments, "We are excited to expand our usage of BondLend beyond Contract Comparison now to Mark-to-Market Comparison and additional services."
BondLend's Fixed Income Mark-to-Market Comparison Service provides detailed collateral management exposure information for better market and counterparty risk management and allows a firm to convert middle office resources to exception processing rather than performing expensive manual trade adjustments, eliminating the need to maintain costly point-to-point connections.
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