4sight Financial Software has significantly increased its market share in the last year according to the results of International Securities Finance magazine’s 2007 Equity Lending Survey.
The proportion of 2007 respondents to the survey who use 4sight’s Securities Finance or Alaris products is now 9.28 percent, up from 2.68 percent in 2006.
The increase can be explained by the number of new clients that now use the 4sight Securities Finance software, the majority of which are multi site contracts with global financial institutions.
4sight Securities Finance is a front to back office Securities Finance solution for borrowing, lending, repo, swaps and collateral management. It is used worldwide by a wide variety of financial institutions involved in Securities Finance.
“Our emphasis on technology development, front, middle and back office functionality and customer focus is helping to drive gains in our market share in line with our continuing strategy of organic growth,” says Alastair Chisholm, 4sight managing director.