A New Dimension at EquiLend — EquiLend Introduces Quick Connect To Access Its Securities Lending Services
By Prne, Gaea News NetworkSunday, April 19, 2009
NEW YORK - EquiLend is pleased to announce the launch of EquiLend Quick Connect.
EquiLend Quick Connect provides fast, easy, and cost effective access to its services through a secure internet connection. Now users can upload data through a browser or file transfer protocol. For comparison services, EquiLend processes the data for online counterparty reconciliation. EquiLend Quick Connect allows users to choose from a range of its platform services at a monthly fee.
“Quick Connect will allow existing clients to compare with a much larger set of counterparts and it will allow many prospective clients to access EquiLend post trade functionality efficiently and cheaply. It’s a significant paradigm shift and I am very excited about reaching out to clients who previously may have had difficulty accessing our robust service offering,” adds Brian Lamb, CEO, EquiLend.
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 FINRA 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.
Source: EquiLend
Michelle Lindenberger, +1-212-901-2224, michelle.lindenberger at equilend.com
Tags: EquiLend, New York, Western Europe