TIM KEENAN APPOINTED GLOBAL PRODUCT MANAGER OF BONDLEND
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NEW YORK (Monday, October 28, 2013)—Tim Keenan has been appointed global product manager of fixed income securities finance trading platform BondLend, effective immediately. He will be based in New York.
Brian Lamb, CEO of EquiLend, says: “Tim has extensive experience in the fixed income securities finance business, and we are thrilled to welcome him as the new global product manager of BondLend. His expertise in the securities lending, repo and prime brokerage businesses will be an invaluable resource for BondLend as the platform continues its considerable growth.”
Keenan has spent more than 25 years in the securities lending, repo and prime brokerage businesses at firms including Quadriserv/AQS, Barclays Capital, Credit Suisse, Deutsche Bank and Chase Manhattan Bank.
Keenan says: “I am excited to be joining BondLend at a time when the industry is undergoing dramatic regulatory transformation. BondLend is poised to help our clients with innovative and dynamic solutions to address these changing times. My most recent experience in electronic trading, along with my background in the global fixed income markets, will allow me to significantly contribute to the continued success of the BondLend trading platform.”
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.