#USA #New York #EquiLend #Securities Finance #Mark-to-Market

EquiLend Elevates Securities Finance with a New Mark-to-Market Solution

EquiLend, a leading player in financial technology, has unveiled its latest innovation: an enhanced US Mark-to-Market solution designed specifically for the securities finance industry. This solution is aimed at providing firms with a more efficient and cost-effective alternative for managing daily mark-to-market processes directly through the EquiLend platform.

Historically, many firms have relied on third-party solutions to handle their mark-to-market needs, which often resulted in inefficiencies and operational complexities. However, EquiLend’s new offering aims to eliminate these challenges by integrating essential functionalities such as centralized pricing and automated contract marking into their existing platform. This shift allows firms to conduct their mark-to-market workflows without the need to pivot to external systems, which can disrupt processes and introduce data handling errors.

Key Features of the New Solution

The new Mark-to-Market solution leverages existing contract data, utilizing centralized pricing to ensure that contract markings and subsequent charge generation occur seamlessly within the EquiLend ecosystem. By automating these processes, firms can expect a significant reduction in the manual intervention traditionally required.

The solution features a redesigned algorithm that operates with a high degree of automation, marking contracts while highlighting only those that have discrepancies in critical fields that are essential for calculating the mark, like currency, collateral margins, rounding factors, and quantities. This focus on precision minimizes the need for human oversight, allowing finance professionals to concentrate on more strategic tasks, enhancing both productivity and accuracy.

Furthermore, for clients who deal with Special Purpose Obligations (SPO) charges, the new platform simplifies the configuration process. Payment settings are established just once, and EquiLend takes care of generating and disseminating charges after marking contracts, thereby ensuring real-time updates to mark-to-market data without additional reconciliation work.

Insights from EquiLend Executives

Nick Delikaris, EquiLend's Chief Product Officer, commented on this launch, stating, "Automated mark-to-market solutions have existed for many years, but now we are offering clients this upgraded functionality natively within the EquiLend ecosystem, providing industry-standard functionality as part of our post-trade suite of products." He emphasized the goal of making the solution accessible and effective for market participants.

Simon Waddington, Head of Post-Trade RegTech Solutions at EquiLend, reinforced this sentiment, adding, "By building these significantly upgraded mark-to-market capabilities natively into EquiLend, using contract data and centralized pricing we already have within our broad ecosystem, we're offering clients a cost-effective solution for a critical daily operational process."

About EquiLend

EquiLend is a global fintech firm specializing in trading, workflow, data insights, and digital solutions tailored for the securities finance sector. With a presence in North America, EMEA, and the Asia-Pacific region, EquiLend operates across various jurisdictions while adhering to stringent regulatory standards. The company's dedication to innovation and excellence has earned it numerous accolades, including the Global Data Provider of the Year and Regulatory Solution of the Year in the Securities Finance Times Industry Excellence Awards 2025.

For further details about EquiLend and its new Mark-to-Market solution, visit www.equilend.com.