ABN AMRO Mellon Global Securities Services has joined EquiLend, the securities lending operational platform.
“Utilising EquiLend’s services will give us greater distribution for our lending clients, helping us grow our business and meet the demanding needs of the ever more competitive international securities finance market,” says Jamie M. Ball, Managing Director and Head of Capital Markets at ABN AMRO Mellon, from her London-based office.
The American-Dutch joint venture says EquiLend will also provide “select services” to Mellon Global Securities Lending (Mellon GSL), the securities lending arm of Mellon Financial Corporation.
“ABN AMRO Mellon, like EquiLend, is a unique institution servicing a number of external and internal clients,” says Brian Lamb, CEO of EquiLend. “Their large global reach will bring added value to EquiLend’s platform and client base.”
EquiLend is owned by a group of 11 agent lenders and prime brokers.