Real-Time Inventory Management with EquiLend Spire: Unlocking Advanced Functionality

EquiLend Spire’s sophisticated Real-Time Inventory (RTI) screen is a prime example of EquiLend Spire’s ability to redefine the inventory management process for both borrowers and lenders, offering an extensive suite of functionalities to effectively manage inventory and enhance overall trading efficiency. Let’s dive deeper into some of the key functionalities that the RTI screen provides and understand the potential positive benefit for a firm’s operations.

1. Forward-Dated Ladders and Pending Trades Visibility: EquiLend Spire’s Forward-Dated Ladders and Pending Trades Visibility offers a comprehensive view of real-time market movements and position awareness, benefiting both lenders and borrowers. Lenders can anticipate inventory changes and plan their lending activities, while borrowers gain foresight into security availability, aligning their borrowing strategies with upcoming market opportunities for optimized cost-efficiency.
2. Monitoring and Managing Inventories through Functional Commands:

• • Restrictions: Users can customize over 20 inventory restrictions, ensuring the correct booking of loans and meeting diverse trading needs.
  • Load Inventory: Allows for quick and efficient inventory updates for new buys and other events.
  • Auto Reallocation: Automatically adjusts inventory in negative lending accounts, optimizing overall inventory management.
  • Quick and Easy Identification of Borrow Needs: Users can calculate the number of securities needed for borrowing, considering existing positions from custodians and depositories, enabling borrowers to effectively cover, hedge or access securities.
  • Returnable Calculation: Offers real-time calculation for overborrows that need to be returned, helping borrowers to avoid extra fees from overborrowing and optimizing borrowing efficiency.
  • Market Order: Allows borrowers to place market orders directly from the NGT screen for any negatives, streamlining the borrowing process and enhancing operational efficiency.
  • View Modes: Users can select between different viewing options like Security, Street or Lending view, with the ability to drill down by security, by trading account and by beneficial owner/trading desk level, catering to various analytical needs.

3. The Info Dock: A unique section that can be mapped to the market data a client uses for example DataLend. When a user clicks on any security in the RTI screen, they can view relevant trading or security information at the bottom of the screen, enriching their analysis and decision-making.  
4. Powerful Filters and Functionality: The RTI screen is equipped with a suite of filters and functionalities for inventory management. Key features include:

• • Filters like Security, Account Group and trading Account, Country and Category for targeted searching.
  • Hot Index and Security Status filters to analyze market trends.
  • Tax W/H Rate filter for managing tax implications.
  • Options like Saved Queries and New Query, Show Lendable, Inventory More Than Available, Show Negative Availability and Recall Needed, for comprehensive inventory analysis.
  • Toggle Multi-Security Lookup option allows users to import a list of securities for detailed monitoring from a spreadsheet (or other source) to the drop box and filter on them.