INTRODUCING NEW GLOBAL SECURITIES FINANCE DATA PROVIDER – DATALEND
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June 20, 2012
EquiLend, a leading provider of global securities finance trading and post trade services, announced today the introduction of DataLend, a new market data provider for the global securities finance market.
DataLend will wrap up its extensive Beta testing phase soon. Overall response from test participants has been excellent. DataLend expects the service to go live later this year and it will continue to build out its services to meet the demands of its clients.
Brian Lamb, CEO of EquiLend, comments, "We are thrilled to bring DataLend to the Securities Finance market and thus far it has been received with much enthusiasm by its users. We expect DataLend to be embraced by the market as it tailors its high quality data and customizes it to our clients' needs."
DataLend is a new data provider from EquiLend, a leading provider of trading and post trade services for the securities finance industry backed by 10 global financial institutions: BlackRock; Credit Suisse; Goldman Sachs; J.P. Morgan Clearing; J.P. Morgan; Bank of America Merrill Lynch; Morgan Stanley; Northern Trust; State Street; and UBS. DataLend has offices in New York, Toronto, London and Hong Kong.