The kick off to Finadium’s second annual FISL conference in New York was about understanding what’s changing in the securities lending markets as global economies respond to large policy changes. What’s (almost) not changing is how much money is being made: in 2017, gross revenues that agent lenders are generating on behalf of beneficial owners, before fee split, are at $9.23 billion globally, a slight lift of 1% since 2016.But that flat year on year figure hides a dynamic shift in how revenue is being generated, as opposed to how much, said Nancy Allen, Global Product Owner at DataLend, speaking at the conference.
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