EQUILEND OFFERS POST TRADE SERVICES IN AUSTRALIA AND CANADA
New York, 16 July 2007 - EquiLend announced today that it will provide post trade services in Australia and Canada
EquiLend’s post trade tools aid in more efficient maintenance of securities financing positions. These services provide electronic tracking, faster processing, increased reconciliation speed, risk management and easier billing.
EquiLend’s post trade services include: Contract Comparison, Mark-to-Market Comparison, Billing Comparison, Dividend Claims Comparison, Billing Delivery, as well as Returns and Recalls functionality.
For further information, contact:
US/UK Press Contact:
Michelle Lindenberger
+1 212 901 2224
michelle.lindenberger@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.
www.equilend.com
EquiLend LLC and EquiLend Europe Limited are subsidiaries of EquiLend Holdings LLC (collectively, "EquiLend"). EquiLend LLC is a member of the NASD and SIPC. EquiLend Europe Limited is authorized and regulated by the Financial Services Authority. All services offered by EquiLend are offered through EquiLend LLC and EquiLend Europe Limited. EquiLend and the EquiLend mark are protected in the United States and in countries throughout the world.
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