EquiLend

JPMorgan's Securities Lending program enables investors to access a broad spectrum of lending markets while achieving competitive bids for their securities. As one of the founding institutions of EquiLend, a global automated platform for borrowers and lenders, JPMorgan is at the forefront of technology and is well-positioned through its integrated lending, custody and accounting platforms.

JPMorgan was one of the first firms to develop and integrate the EquiLend platform, realizing the necessity of automation to process high volume transactions in order to increase scale and minimize the need for manual intervention. EquiLend's Autoborrow, Contract Comparison, Billing Comparison, and Mark-to-Market Comparison services add system efficiencies which reduce costs and increase productivity as volumes continue to grow.

JPMorgan's traders and borrowers are able to maximize efficiencies via Autoborrow resulting in balances increasing in all markets. Additionally, it frees up traders' time to look at more of the "non vanilla" type lending which enhances incremental revenue for the JPMorgan client base.

By employing EquiLend's operations services, JPMorgan has seen a reduction in the number of reconciliation breaks.

The EquiLend platform is a cost effective way for JPMorgan to grow its securities finance business by providing a scalable infrastructure for trading and operations. JPMorgan anticipates continued use of EquiLend's services due to the benefits that it has received from the efficient, flexible, and global technology that EquiLend offers.

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JPMorgan uses

» Autoborrow
» Contract Comparison
» Mark-to-Market Comparison
» Billing Comparison