Agency Lender Disclosure (ALD)
EquiLend’s ALD service acts as a conduit for data transfer between EquiLend counterparties globally. It also provides secure and timely transfer of principal loan data as a facility for approving underlying principals. This enables the credit prequalification of principals on EquiLend ALD, which in turn permits clients to calculate daily capital adequacy on their proprietary systems.
How It Works
Borrowers must actively prequalify each principal lender with whom they will transact.
Helps borrowers to perform regulatory capital calculations and credit exposure monitoring.
EquiLend produces comparison data with highlighted breaks. A selection of reports are available for review or download for the operations and credit groups.
WHO WE ARE
EquiLend is a financial technology provider of trading, post-trade, market data, regulatory and clearing services for the securities finance, collateral and total return swaps industries. EquiLend has offices in New York, Boston, Toronto, London, Dublin, Hong Kong and Tokyo.