EquiLend Launches Risk Resolution Suite for Securities Finance Market

NEW YORK (Aug 14, 2023)—EquiLend, the global technology, data and analytics company for the securities finance industry, has released a brand-new Risk Resolution Suite (R₂S) designed to streamline the recalls, returns and settlement process for securities lending market participants.

R₂S combines EquiLend’s widely used Recalls, Returns and Settlement Monitor solutions all on one powerful user interface. The system displays up-to-the-minute trade data across all of a client’s transactions in EquiLend Post-Trade Solutions (PTS) combined with actionable on-screen workflows.

Gabi Mantle, Head of EquiLend Post-Trade Solutions, says: “Highlighting intra-day risk has been a key focus for us when designing and launching our latest solutions. Regulatory pressures from CSDR in 2022 and the upcoming move to T+1 in the U.S. and Canada—with the EU and UK likely following suit—have both created a shift in post-trade processing. Post-trade exceptions and risk resolution is no longer seen as a back-office problem, and trading desks want better oversight and the ability to manage their risk. Our new Risk Resolution Suite, affectionately known as R₂S, will help users identify, action and prevent risk items from impacting P&L while directing resources towards the highest priority exceptions and streamlining previously manual, time-consuming processes.”

Based on near real-time data submitted into EquiLend PTS, the comprehensive solution allows trading, middle office and back-office users to monitor intra-day risks through consolidated insight into the desk’s own recalls, returns and settlements. Highlights of the new release include:

New Returns (now live in R₂S):

• Redesigned UI complements EquiLend’s powerful return notifications and processing platform with new functionality designed to pinpoint risks and facilitate greater collaboration between counterparties

Settlement Monitor (now live in R₂S):

• Global pre-matching, settlement risk and fails management engine which identifies booking errors, indicative penalties and inaccurate settlement instructions

New Recalls (coming in Q3 and Q4 2023 to R₂S):

• Redesigned UI clearly identifies risks in recalls workflow while enabling users to take actions on-screen to update internal systems and communicate with counterparties

R₂S is available today for clients on the EquiLend user interface.