EQUILEND WINS SECURITIES LENDING CATEGORY OF GLOBAL CUSTODIAN TECHNOLOGY, CONSULTANCY & LAW AWARDS
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NEW YORK (NOV. 15, 2013)—EquiLend has won the Securities Lending category of the Global Custodian magazine Technology, Consultancy & Law Awards. The award was announced live in New York at the Global Custodian Awards for Excellence on Thursday, November 14.
Runners-up in the category were 4sight Financial Software, Pirum Systems Limited, Stonewain Systems and SunGard Loanet.
DataLend, the securities finance market data provider division of EquiLend, was a finalist in the Market Data category of the awards.
Brian Lamb, CEO of EquiLend, says: “We are extremely grateful to Global Custodian for naming EquiLend the securities finance industry’s best technology provider, and to our clients for their continued support. Our primary focus is and has always been fulfilling the trading and post-trade needs of the securities lending industry.”
In September, EquiLend won the award for Best Trading Platform globally and best Post-Trade Service Provider in the Americas in the Global Investor/ISF Magazine Awards. DataLend was named Best Data Provider globally.
EquiLend is a leading provider of trading and post-trade services for the securities finance industry with offices in New York, London, Hong Kong and Toronto. EquiLend is backed by 10 global financial institutions: BlackRock, Credit Suisse, Goldman Sachs, J.P. Morgan Clearing, J.P. Morgan, Bank of America Merrill Lynch, Morgan Stanley, Northern Trust, State Street and UBS.
Used by securities borrowers and lenders globally, the EquiLend platform (for equities) and BondLend platform (for fixed income) automate formerly manual trading and post-trade processes in the securities finance industry. 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. DataLend, the securities finance market data division of EquiLend, provides highly cleansed and standardized securities finance data covering all asset classes, regions and markets globally.