Data Explorers Shines a Light on Securities Financing and Short-Selling in North America
By Prne, Gaea News NetworkMonday, October 5, 2009
NEW YORK and LONDON - Data Explorers, the world’s most complete source of data, analysis and insight into short-selling and securities financing, today announced the expansion of their independent securities lending research and consultancy services to North America.
Mark Faulkner, founder of Data Explorers, who appeared as an advisor in last week’s Securities and Exchange Commission public round table led by SEC chairman Mary Schapiro, said “Data Explorers is uniquely positioned to provide independent research and consultancy for market participants who need to understand the risk and return in their securities lending programs and we can, to quote Chairman Schapiro, shine a light on this ‘opaque market’.”
Data Explorers is the only independent provider of insight into the securities lending market backed by a database of three million securities lending transactions collected every day from the key financial institutions around the world.
Ed Oliver, Managing Director of Data Explorers Consulting said, “We are actively working with market participants and regulators around the world to promote a greater understanding of the value of securities financing in the global financial system. We now provide on-the-ground expert support in North America to the many large investors who experienced losses in last year’s credit crunch. With the market recovering there is now a huge opportunity for lenders to get back into the multi-trillion-dollar securities-lending market. However, nobody wants to repeat past mistakes and we help provide investor oversight balanced between risk and reward.”
The Data Explorers Consulting team has a strong pedigree for the provision of research and consulting services to practitioners throughout the securities financing industry. They use performance and risk benchmarking tools to improve beneficial owners’ understanding of their securities lending program and to facilitate improved discussions with their lending agents.
Furthering their commitment, Data Explorers Consulting has announced the appointment of securities industry professional, Leslie Gaynor as Head of Consulting, North America. Gaynor comes to Data Explorers with over 15 years of investment management and asset servicing experience garnered at leading firms including Brown Brothers Harriman & Co and Franklin Templeton Investments. She most recently held the post of Director of Bank Relationships at Franklin Templeton and was responsible for development and implementation of their global securities lending programs and the firm’s relationships with its custodian banks.
About Data Explorers
Data Explorers, based in New York and London, is the world’s most complete resource for data, analytics and insight into securities financing and short-selling. Its unique data set of more than three million daily transactions is sourced directly from the securities lending desks of the world’s top Investment Banks. By analyzing fund flow, stock loan availability, short interest, and stock lending volume, Data Explorers anticipates sector and security movements. Since its launch in 2002, Data Explorers has become the go-to source for Securities Lending Practitioners, Investment Managers and Sell Side Professionals, informing better decision making with the fastest, most reliable and comprehensive data available.
For more information, please contact:
North America: Erika Alter erika.alter@dataexplorers.com or +1-212-710-2210
U.K.: Nancy Prendergast at nancy@tannissanmae.com or +44(0)207-243-4440
Source: Data Explorers Limited
For more information, please contact: North America: Erika Alter erika.alter at dataexplorers.com or +1-212-710-2210; U.K.: Nancy Prendergast at nancy at tannissanmae.com or +44(0)207-243-4440
Tags: Data Explorers Limited, New yorklondon, North America, United Kingdom