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Glossary

Borrower

An entity that borrows securities with the obligation to return equivalent securities at the end of the loan period.

Borrower News

Cboe Clear Europe clears first securities financing transactions

Natixis Corporate & Investment Banking acted as a principal lender against J.P. Morgan as a borrower in the first trades cleared through the new service

Zodia Custody integrates Digital Prime Technologies’ Tokenet

Tokenet is an institutional digital asset lending platform built by Digital Prime Technologies

HSBC acts as custodian for first-ever Saudi Arabia securities lending transaction

“With our on-the-ground expertise and deep local knowledge, we’re pleased that HSBC was able to structure and support this first-of-its-kind transaction in the Saudi Arabian market," says HSBC's Madhur Bhandari

Industry
SS&C extends loan management platform access to JLL

SS&C Technologies will extend its Precision LM loan management platform to support JLL’s combined $115 billion loan servicing portfolio following its acquisition of Holliday Fenoglio Fowler

Lendingblock partners with Vo1t

Lendingblock has partnered with digital assets custodian Vo1t to provide storage capability for its institutional lending exchange

Industry
Industry reacts to the Budget announcement

The Chancellor’s Budget announcement means “time to get those raincoats ready”, according to Ian Larkin, CEO of Target Group

ArchOver hires new heads of lending and finance

ArchOver has hired David Swanson and Tom Malley as head of lending and head of finance, respectively

Technology
SS&C on point with launch of Precision LM 3.0

With improvements spanning across the loan production, servicing and technology functions, the Precision LM 3.0 upgrade also includes expandable web services, helping to improve operational efficiency