The US-based securities lending auction platform eSecLending has renewed its software agreement with Edinburgh-based 4sight Software. It will continue to use the 4sight Securities Finance system for its securities borrowing and lending operations.
eSecLending joins Robeco and a number of other institutions as the latest company to extend its contract with 4sight in the last 12 months. The auction platform has used 4sight Securities Finance since 2002.
“We are pleased at the chance to continue to work closely with our clients to satisfy their ambitious future business requirements,” says Judith McKelvey, 4sight Global Sales Director. “Our emphasis is on regarding every client as our most valued customer, and each installation as the beginning of an important long term relationship. It is this approach, along with our policy of continually developing and improving our products that is paying dividends for both 4sight and our clients.”
“The decision to renew 4sight’s contract is in line with our aim to be an industry leader with regards to technological capabilities and flexibility,” adds Alan Matson, Chief Technology Officer of eSecLending. “4sight is a technology partner that matches our strategy of innovation and continuous improvement, and a company we feel confident working with to achieve our business goals.”