EquiLend Asia Opens in Hong Kong
By Equilend, PRNEMonday, February 21, 2011
HONG KONG, February 22, 2011 - EquiLend, the automated securities finance trading platform, has
announced they have opened an office in Hong Kong. EquiLend Asia Limited was
established on Monday, February 14 and will service clients across the Asia
Pacific region. Andrew McCardle has been appointed to head the office and is
responsible for Sales, Business Development and Client Relationship
Management across the region. Mr. McCardle joined EquiLend in 2006 and has
previously held senior Business Development and Application Support positions
in EquiLend's European office.
Brian Lamb, CEO of EquiLend, commented, "We are thrilled to expand our
global coverage by establishing an office in Hong Kong. We've always had
clients based in Asia but look forward to having a dedicated offering on the
ground to service these clients as well as improving our outreach to
potential clientele across this region. Our clients desire scalability,
automation and efficiencies on a global scale and we are delighted to extend
our resources to help them achieve this goal."
Andrew McCardle, Head of EquiLend Asia added, "Maintaining an office in
Asia will enable us to further relationships with our Asian client base. I
look forward to developing our presence and communicating our trade and
post-trade offerings across the APAC region."
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, EquiLend Europe Limited, and EquiLend Canada Corp. 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. EquiLend Canada Corp. is
authorized and regulated by IIROC. All services offered by EquiLend are
offered through EquiLend LLC, EquiLend Europe Limited, and EquiLend Canada
Corp. EquiLend and the EquiLend mark are protected in the United States and
in countries throughout the world.
Claire McKinlay, +1-212-901-2276, claire.mckinlay at equilend.com
Tags: Asia, EquiLend, February 22, Hong Kong