FIS Launches Revolutionary Securities Finance Matching Platform
In a move set to transform the securities finance industry, FIS has unveiled a cutting-edge automated matching and execution platform for securities finance trades in the UK. This innovative solution leverages advanced technology to facilitate secure, scalable, and cost-effective straight-through processing of securities finance trades.
Increased Efficiency and Liquidity
The cloud-native platform is designed to evaluate multiple factors, including fee or rebate rate, capital requirements, transaction and reporting costs, as well as counterparty trading patterns, to identify the best-match scenario. This enables customers to achieve the greatest possible depth and liquidity in the market while mitigating single-point-of-failure risk.
“In an industry where margins are tightening and market volumes are increasing, efficiency and automation have become paramount,” said Nasser Khodri, head of capital markets at FIS. “Lenders and borrowers have been searching for a service provider that can offer automated matching services, reducing manual intervention for the most economical outcome.”
Streamlined Securities Lending
The FIS Securities Finance Matching Platform is poised to be transformative in securities lending, enabling financial institutions to reduce costs, minimize risks, and enhance returns. This newest component of the FIS Securities Finance and Collateral Management product suite will also be available to non-UK institutions, pending regulatory approvals in the EU and US markets.
“FIS’ new solution, coupled with our scale and industry expertise, will be transformative in securities lending, and by unlocking financial technology to the world we will be helping these financial institutions to reduce costs, minimize risks, and enhance returns.” - Nasser Khodri, head of capital markets at FIS
Breaking Down Barriers
As the securities finance industry continues to evolve, FIS remains at the forefront of innovation, committed to providing cutting-edge solutions that address the needs of its customers. With the launch of its Securities Finance Matching Platform, FIS is poised to revolutionize the way securities finance trades are executed, increasing efficiency, reducing costs, and enhancing risk management.