Securities finance platform BondLend expands into Canada
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Securities finance platform BondLend expands into Canada 29 March 2011Toronto Reporter: Justin Lawson
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BondLend, the fixed income securities finance platform has expanded into the Canadian market. Several clients including, CIBC Mellon, Northern Trust and State Street have incorporated the efficiencies of the platform into their daily businesses by using the low-touch technology solution, AutoBorrow, to automate their corporate and provincial bonds trading.
Alexa Lemstra of BondLend ‘s Canadian office, commented, “We are thrilled the Canadian market is so eager to adopt the BondLend platform and be at the forefront of technological innovation in this space. We look forward to continuing expansion in the region as well as internationally.”
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