January 2023
Happy New Year, and welcome to the 11th issue of The Purple! 2022 was another banner revenue year for the securities lending community as the market generated nearly $10 billion in gross revenue for beneficial owners. In this edition, we provide a detailed overview of 2022 market conditions focusing on the key trends and drivers of revenue.
At EquiLend, our approach to data and analytics has evolved and grown significantly. In 2022, we formed our new Data and Analytics Solutions division focused on bringing new and actionable insights to the securities finance community and beyond. Read about our approach in “Reinventing Data & Analytics”.
Finally, we could not publish year in review without congratulating Women in Securities Finance on the group’s 5th anniversary in 2022 and on the amazing growth and success of the organization! The leaders, members and supporters of WISF had the opportunity to celebrate the group’s success by ringing bells at three of the world’s largest exchanges. We look forward to standing alongside WISF in the years to come.
Nancy Allen
Head of Data & Analytics Solutions, EquiLend
nancy.allen@equilend.com
The WISF organization marked its 5th anniversary in 2022 by ringing the bell at the New York, Toronto and London Stock Exchanges, a momentous milestone and an important signal for any woman considering a career in the securities finance industry.
With the last chapter of 2022 now written, volatility is beginning to feel like one of the only things investors can count on in an age of seemingly continuous market turbulence.
2022 was a big year for EquiLend’s data offerings. Building on the success of the award-winning DataLend platform, the new Data & Analytics Solutions division was launched to bring together all of EquiLend’s data and analytics services to create unprecedented and unique insights.
With Q3 in our rear view, a wide variety of asset classes were in play as volatile market conditions continued and recession concerns joined inflation headlines. In this past quarter, the securities lending market generated $2.63 billion, an increase of 12% over the same period in 2021.
One of the brightest spots in the securities finance market is activity related to initial public offerings (IPOs).
Funds Europe found in its recent survey of beneficial owners that these institutions view securities lending as an investment product and should in turn use independent securities lending data to optimize their programs, mitigate risk and support them in their fiduciary responsibilities.
The first half of 2019 has not been kind to the fixed income market, with total revenue down 30%.
Average duration is a measure of how long a trade is open, from the time that the security is borrowed to the time that it is returned back to the lender.
As summer 2019 drew to a close, DataLend reviewed trends that emerged throughout the season to see if the securities lending industry heated up along with the temperatures.
There has been substantial media coverage regarding the ongoing opioid crisis sweeping through America, from which headlines have begun to spill over into the financial world.
DataLend highlights the latest trends in securities finance in the Asia Pacific region.
DataLend highlights the latest trends in securities finance in the EMEA region.
DataLend highlights the latest trends in securities finance in the Americas region.
DataLend highlights the latest trends in securities finance in the Asia Pacific region.
DataLend highlights the latest trends in securities finance in the EMEA region.
DataLend highlights the latest trends in securities finance in the Americas region.
With the introduction of specialized market data providers such as DataLend, monitoring metrics on a daily basis has become a critical task for participants in the securities finance market.
A Q&A with Andrew Dyson, CEO, International Securities Lending Association
