About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

eSecLending Picks Asset Control’s AC Plus to Support Securities Lending Automation

Subscribe to our newsletter

Full service securities lending agent eSecLending has selected Asset Control’s AC Plus financial and reference data management software with a view to supporting its efforts to increase automation in its securities lending programmes. According to the vendor, the solution was chosen following a rigorous search and selection process.

AC Plus will therefore support the development of eSecLending’s securities lending programmes, which it says rely on complete and accurate securities data including ratings, end of day prices and corporate actions. The firm hopes that AC Plus will help it in cleansing data and managing exceptions, while supporting increasing volumes and breadth of data.

Daniel Fowler, chief information officer at eSecLending, explains the reasoning behind its choice of AC Plus: “We chose Asset Control’s AC Plus for its ability to handle large volumes of all asset classes. The flexible data model will allow us to continue to grow our business while achieving greater efficiencies and scalability. AC Plus’ cleansing and exception process, through its intuitive desktop interface, will allow us to significantly reduce manual processing and ensure that quality data is available quickly to lenders and borrowers.”

Phil Lynch, Asset Control’s president and chief executive officer, adds: “In the rapidly growing securities lending business, the ability to efficiently support high volume lending and borrowing with quality data is a crucial imperative. Asset Control’s AC Plus provides the right data management tools to help industry innovators such as eSecLending to gain efficiencies, improve data quality and enhance service, with room to scale and expand as their business needs change.”

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: The roles of cloud and managed services in optimising enterprise data management

Date: 14 May 2024 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Cloud and managed services go hand-in-hand when it comes to modern enterprise data management (EDM), but how can the best solutions for the business be selected and implemented to ensure optimal data management based on accurate, consistent, and high-quality...

BLOG

S&P Global Market Intelligence Adds Baird Aftermarket Research on Exclusive Basis

S&P Global Market Intelligence has become the exclusive provider of Baird Aftermarket Research, which provides industry overviews, company-specific forecasts and recommendations, and in-depth thematic insights from more than 40 senior analysts covering over 700 companies. The aftermarket research adds to Baird research that has been available on S&P Global Market Intelligence’s Capital IQ and Capital...

EVENT

RegTech Summit London

Now in its 8th year, the RegTech Summit in London will bring together the RegTech ecosystem to explore how the European capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Regulatory Data Handbook 2023 – Eleventh Edition

Welcome to the eleventh edition of A-Team Group’s Regulatory Data Handbook, a popular publication that covers new regulations in capital markets, tracks regulatory change, and provides advice on the data, data management and implementation requirements of more than 30 regulations across UK, European, US and Asia-Pacific capital markets. This edition of the handbook includes new...