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MoraBanc has chosen Sharegain’s Securities Lending as a Service (SLaaS) to deliver securities lending services to its private banking customers.
The Andorra-based banking group, with offices in London, indicates that Sharegain’s SLaaS solution will enable it to connect all asset pools to one centralised securities lending solution and to generate new revenue from its assets under custody.
Carlos Salinas, MoraBanc’s head of digital assets and fintech, says: “We always look for ways to add value to our clients and Sharegain’s SLaaS solution will enable our private banking clients to benefit from a new source of income on their investment portfolio, through securities lending.”
Sharegains’s CEO and founder Boaz Yaari comments: “We are proud to collaborate with
the outstanding team at MoraBanc and are excited by the opportunity to deliver greater value to them and their clients.”
