EquiLend, the global technology, data and analytics company for the securities finance industry, today announced that private equity firm Welsh, Carson, Anderson & Stowe (WCAS) has agreed to acquire a majority stake in the company.
EquiLend is excited to announce that we have been awarded the Great Place to Work® Certification in the United States, United Kingdom, Ireland and India!
The global securities finance industry generated $10.7 billion in revenue for lenders in 2023, according to DataLend, the market data service of fintech EquiLend. The figure represents a record high since DataLend began recording annual revenue a decade ago.
The global securities finance industry generated $781 million in revenue for lenders in November 2023, according to DataLend, the market data service of fintech EquiLend. The figure represents a 4% decrease from the $811 million generated in November 2022.
The global securities finance industry generated $751 million in revenue for lenders in October 2023, according to DataLend, the market data service of fintech EquiLend. The figure represents a 4% decrease from the $781 million generated in October 2022.
EquiLend notes that the SEC approved Rule 10c-1 and its securities lending reporting framework.