Northern Trust strengthens Global Securities Lending platform.
Global Banking News-September 9, 2016--Northern Trust strengthens Global Securities Lending platform
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Global Banking News - 09 September 2016
Northern Trust (NASDAQ: NTRS) has said that it has improved its Global Securities Lending capabilities with the addition of EquiLend's Next Generation Trading platform, enabling the optimisation of lending performance through increased customisation and improved automation with borrowers.
Global Securities Lending is Northern Trust's single, multi-currency system for managing the securities lending process. With the integration of Next Generation Trading, the availability of securities will be communicated in real time and can be customised to meet a borrower's specific needs. Next Generation Trading is currently live in Northern Trust's 54 global fixed income and equity markets.
EquiLend is a securities lending technology and market data provider owned by a group of 10 leading financial institutions, including Northern Trust, connecting borrowers and lenders through a common, standards-based global lending platform.
'Northern Trust consistently seeks ways to improve the service we provide to our clients,' said Jeff Benner, global head of trading at Northern Trust. 'The integration of the Next Generation Trading platform helps strengthen our global infrastructure, assuring clients that our trading professionals can focus on optimizing the intrinsic value of their assets.'
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|Publication:||Global Banking News (GBN)|
|Date:||Sep 9, 2016|
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