EquiLend’s 1Source initiative aims to resolve central pain points and risks, develop state-of-the-art technological solutions and efficiently transform the securities finance industry.
EquiLend 1Source was pioneered by an EquiLend-convened Digital Transformation Working Group made up of market participants representing a broad cross-section of the industry, whose goal is to solve key challenges facing the industry. The initiative harnesses emerging technologies such as distributed ledger to develop a single source of truth for securities finance lifecycle events.
The first undertaking of the EquiLend 1Source initiative is to eliminate the reconciliation of securities lending transactions, which was identified by the working group as the most pressing issue facing the industry.
A universal source of data for the industry
Established operating procedures that produce predictable and consistent results for participants
A central record of the agreements made between parties
Disseminated changes to all systems that maintain a copy of the shared truth
In today’s Securities Finance Times RMA issue, EquiLend’s Ken DeGiglio, Chief Information Officer, reflects on the journey of EquiLend’s transformative 1Source initiative and the efficiencies it’s bringing to the marketplace by eliminating reconciliations for securities lending transactions.
EquiLend’s Gabi Mantle, Head of Post-Trade Solutions, sat down with Finadium to discuss the imminent launch of T+1 and how firms are gearing up for the change ahead of May 2024.
EquiLend’s Andrew McCardle, Head of EquiLend Asia, sat down with Global Investor Group to discuss the role of digital transformation in the ever-evolving securities finance landscape while reflecting on EquiLend’s pivotal role in the early days of digital transformation 22 years ago.
Global securities finance technology firm EquiLend and global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR) today announced an agreement to facilitate straight-through processing (STP) to the National Securities Clearance Corporation’s (NSCC) central counterparty (CCP) for equity securities finance transactions.
EquiLend’s Emily Hollyoake, Head of CRM EMEA, discusses the value chain of EquiLend’s interconnected ecosystem of solutions, with our 1Source initiative sitting at the focal point as the single source of truth for the industry.
We are excited to be a part of the Canton Network in partnership with Digital Asset and other participating firms across the industry.
In our latest insight piece, we unpack how regulation and new innovative solutions leveraging distributed ledger technology are serving as tools to deliver standardization while bringing efficiencies to the marketplace. EquiLend’s 1Source initiative is here to do just that and more, providing a “single source of truth” for the industry by eradicating reconciliation challenges.
EquiLend’s Yuka Hasumi, Head of Sales & CRM Japan, sat down with Securities Finance Times to discuss the details of our 1Source initiative and how it will transform the securities finance industry while reflecting on regulatory developments and the roadmap ahead for 2023 and beyond, seeing continued innovations across our entire ecosystem of solutions.
At the recent Beneficial Owners’ International Securities Finance and Collateral Management Conference hosted by IMN, EquiLend’s Gary Klahr, Director of Strategic Initiatives, discussed the ways in which distributed ledger technology can be harnessed to address industry pain points while highlighting the efficiencies EquiLend’s 1Source initiative is bringing to the marketplace.
EquiLend 1Source will be available industry-wide and interoperable with any vendor, utility or other party interested in connecting. Contact us at [email protected] today to learn more about how we are efficiently transforming the industry with EquiLend 1Source—and how you can join the movement.