BNY said the transaction represents a major new route to market for its securities lending clients without the need to set up direct clearing membership.
IHS Markit, Pirum Systems and Rabobank ran the test for reporting securities financing transactions to DTCC's trade repository.
JP Morgan will continue to hold a 10% ownership interest in EquiLend.
The partnerships expand DTCC's support coverage for the incoming securities financing transaction regulation (SFTR).
LEI and UTI information will be required ahead of the SFTR deadline for large funds, according to an industry expert.
Industry welcomes consultation paper which addresses which securities financing transactions will be reportable for incoming regulation, among other aspects.
Move away from third-party provider reflects growth in automation.
The partnership will enable Standard Chartered to provide agency securities lending to both custody and non-custody clients.
Experts say some firms could leave the market temporarily or permanently due to incoming securities finance regulations.
The partnership highlights a growing trend of Asian asset managers turning to securities lending as an additional source of income.