EquiLend Holdings Upgrades Comparison Service For Securities Lending

EquiLend Holdings revealed Monday its latest upgrade for the company's Contract Comparison service for securities lending. The Upgrade is designed to detect breaks and mismatches in counterparty contracts more efficiently, using Securities Lending Markup Language, a proprietary XML specification. Users

By None

EquiLend Holdings revealed Monday its latest upgrade for the company’s Contract Comparison service for securities lending.

The Upgrade is designed to detect breaks and mismatches in counterparty contracts more efficiently, using Securities Lending Markup Language, a proprietary XML specification.

Users can set priorities for the types of discrepancies the program seeks out, disregarding or ignoring entirely less serious ones.

It also allows users to review their contracts on a daily basis and search for breaks or counterparties on a broader scale.

«