EquiLend Introduces a Simple Low Cost Service for Agency Lender Disclosure (ALD)

LONDON -

EquiLend announced today that their ALD service is now available on a distinct and stand alone basis. Industry participants are now able to opt for this simple, fast and cost effective solution for all ALD data management.

The EquiLend ALD service is available immediately and includes comparison and reconciliation of all global ALD data including repo and reverse repo. Access is available via a number of browser-based options. Set at a flat quarterly cost regardless of the data volume, it is efficient and cost effective.

“We are pleased to offer this simple ALD service, to address the high demand that we have seen due to the upcoming regulatory changes in the European marketplace,” states Sharon Walker, Managing Director, EquiLend Europe Ltd. “This reinforces our mission to offer flexible EquiLend services to all securities finance industry participants.”

About EquiLend

EquiLend is the leading provider of brokerage solutions for the securities finance industry. Owned by eleven preeminent financial firms, EquiLend revolutionizes straight-through processing by using a common standards-based protocol and infrastructure, which automates formerly manual business processes. Used by borrowers and lenders throughout the world, the EquiLend platform creates efficiency and provides access to additional liquidity. EquiLend’s end-to-end solutions, which reduce the risk of potential errors and eliminate the need to maintain costly point-to-point connections, include Availability, AutoBorrow, Trade2O, EquiLend AuctionPort(SM), Contract Comparison, Mark-to-Market Comparison, Returns, Recalls, Billing Comparison and Delivery, Dividend Claims Comparison, and Agent Lender Disclosure (ALD). The EquiLend platform also supports the execution of payment and delivery instructions through the DTCC.

www.equilend.com

EquiLend LLC, EquiLend Europe Limited, and EquiLend Canada Inc. 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 Inc. is authorized and regulated by IIROC. All services offered by EquiLend are offered through EquiLend LLC, EquiLend Europe Limited, and EquiLend Canada Inc. EquiLend and the EquiLend mark are protected in the United States and in countries throughout the world.

Source: EquiLend

Michelle Lindenberger of EquiLend, +1-212-901-2224, michelle.lindenberger at equilend.com