The Risk Management Association (RMA) has selected Data Explorers Limited to compile the RMA Securities Lending Quarterly Aggregate Composite Survey.
Under its agreement with RMA, Data Explorers will collect securities lending data from RMA members. Both organizations expect the agreement to streamline and expedite the data submission process and provide the industry with the composite survey in a shortened timeframe.
“Data Explorers’ considerable expertise and its ability to consolidate and provide timely information will be a great asset to the Quarterly Composite Survey,” said Curtis Knight, director of securities lending for RMA. “It is also a great benefit to anyone interested in understanding securities lending and reinvestment.”
Knight called the agreement “a significant landmark” for RMA and the securities lending industry.