New York, 28 June 2011, EquiLend is pleased to welcome RBC Dexia Investor Services to the EquiLend community. The company will be a solid addition to EquiLend’s preeminent securities finance clients on its trading and post-trade platform. RBC Dexia’s Securities Lending desks in London, Toronto, and Sydney are planning to connect to the platform in late 2011.
EquiLend CEO, Brian Lamb, states “RBC Dexia’s addition to EquiLend continues the stimulating growth we have seen in the Canadian market since our entrance in 2008. We look forward to providing continued scalability to the market through automation, thereby strengthening the offering of our clients’ Canadian securities lending programs.”
Yvonne Wyllie, Head of Securities Lending at RBC Dexia, adds "The increased automation and efficiency will add numerous benefits as RBC Dexia continues to grow our global business. We look forward to assisting with the expansion of EquiLend's platform in Canada, which continues to be one of our most valuable markets."
For further information, contact:
Jonathan Hodder
+44 (0) 20 7426 4419
jonathan.hodder@equilend.com
About EquiLend
EquiLend is a leading provider of trading services for the securities finance industry. With its robust suite of automated trading tools, EquiLend enables its clients to scale their businesses with great efficiency on a global basis in all securities finance markets. Used by borrowers and lenders throughout the world, the EquiLend platform automates formerly manual trading and post-trade processes. Using EquiLend's complete end-to-end services reduces the risk of potential errors and eliminates the need to maintain costly point-to-point connections while allowing firms to drive down unit costs. Firms can then free more resources to expand their business and grow trading volumes without increasing costs. This makes the EquiLend platform a cost-effective choice for all institutions, regardless of their size.
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