DataLend goes live, adoption grows

New York, 7 January 2013 – DataLend, a worldwide provider of global securities finance market data, announced today very strong support from EquiLend’s existing clientele.

Brian Lamb, CEO of EquiLend, comments, “Overall client response and usage of DataLend has exceeded our expectations. We have received feedback that DataLend securities finance market data has tremendous statistical significance reflective of market activity, and is of the highest quality.”

Based upon user experience, initial observations are that DataLend offers best in class data in a timely and accurate manner. Since its launch last week, many existing EquiLend clients have adopted DataLend. Lamb attributes this rapid adoption and excitement to the rigor and success of DataLend’s extensive beta test.

DataLend is actively working with EquiLend’s existing client base of over 75 global firms, some of which are in various stages of adoption, with many others in the process of developing plans to migrate to DataLend.

New York, 2 January, 2013 – EquiLend, a leading provider of global securities finance trading and post trade services, announced today the launch of DataLend, a new market data provider for the global securities finance market.

EquiLend has an established position as a partner to the industry with a dataset from the largest players, resulting in high integrity data. By applying proprietary quantitative cleansing methods, the quality of DataLend’s data is excellent. Its screens are fast, easy-to-use, and intuitive. DataLend’s securities finance data is global in reach and covers all asset classes, regions, and markets.

Ben Glicher, CIO of EquiLend, comments, “After an intensive and extended beta phase, it is evident that we are bringing top quality, thoroughly cleansed, unadulterated data to the securities finance market. We believe that our data is more than just competitive and it is our aim to become the industry leader in global securities finance market data.”

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