Wematch.live announced it has surpassed $200 billion in ongoing notional volume as of August 2023 and reached an average daily matched volume (ADMV) of $11 billion in Europe, Middle East and Africa (EMEA) during July 2023.
“Achieving over $200 billion in ongoing notional volume is an exciting achievement that reflects our clients’ trust in our TRS [total return swaps] workflow solutions,” said David Raccat, co-founder and global head of Securities Financing at Wematch.live. “As we scale, our focus remains on constantly enhancing our platform to provide the features and functionality our clients need to succeed.”
Wematch.live provides a suite of securities finance products including:
- Total Return Swaps to automate matching and streamline sending/receiving indications of interest
- FRM [Financial Resource Management] Optimiser to simplify and optimize recall/substitution processes for securities-based lending
- Sales to Trader to integrate trade data/workflow between sales teams, traders, and clients
- TRS Cash Flow Management to digitize and automate cash flows for Total Return Swaps
- Synthetics ETFs to consolidate collateral management across banks, clients, and ETF issuers
- Hard-to-Borrow to enable borrowers and lenders to match interests quickly and efficiently
Read our interview with Wematch’s Raccat and Anne Taieb, head of Securities Financing Product