Sharegain has launched its latest borrower platform described as providing a user-centric, end-to-end securities lending solution developed in collaboration with securities lending traders from prime brokerages.
“We recognised that our industry’s future depends on seamlessly connecting lenders and borrowers,” said Boaz Yaari, founder and CEO of Sharegain, in a statement. “With this launch, we’ve connected all the dots through the Sharegain platform, creating a better experience for traders and a better result for our beneficial owner clients.”
Tim Fox, demand manager at Sharegain, said in a statement: “Through our new borrower platform, we’re providing traders with real-time availability, which they can borrow in an instant. Every action is three clicks away and each feature is designed to match how traders are working every day.”Yaari said in a statement: “In a supply-constrained, demand-driven market, this is the next generation of agency lending: automated, real-time and built in partnership with our users.”
Sharegain dubs its model Securities Lending as a Service (SLaaS) for custodian banks, private banks, asset managers and online brokers to lend their stocks, bonds and ETFs.