National Bank Financial Selects EquiLend for Securities Finance Technology Services

* Reuters is not responsible for the content in this press release.

Mon Nov 2, 2009 8:00am EST 

  NEW YORK, NY, Nov 02 (MARKET WIRE) -- 
EquiLend announced today that National Bank Financial has selected
EquiLend's services to enhance their securities finance business. Choosing
EquiLend reflects National Bank Financial's commitment to strengthening
automation across its business lines as it aims to mitigate operational
risk and achieve greater processing efficiency.

    "We are very pleased to welcome National Bank Financial to our roster of
clients in Canada. This highlights our ongoing commitment to providing
innovative securities finance solutions to the Canadian marketplace," says
Brian Lamb, CEO of EquiLend.

    About EquiLend

    EquiLend is the leading provider of brokerage solutions for the securities
finance industry. Owned by eleven preeminent financial firms, EquiLend
revolutionizes straight-through processing by using a common
standards-based protocol and infrastructure, which automates formerly
manual business processes. Used by borrowers and lenders throughout the
world, the EquiLend platform creates efficiency and provides access to
additional liquidity. EquiLend's end-to-end solutions, which reduce the
risk of potential errors and eliminate the need to maintain costly
point-to-point connections, include Availability, AutoBorrow, Trade2O,
EquiLend AuctionPort(SM), Contract Comparison, Mark-to-Market Comparison,
Returns, Recalls, Billing Comparison and Delivery, Dividend Claims
Comparison, and Agent Lender Disclosure (ALD). The EquiLend platform also
supports the execution of payment and delivery instructions through the
DTCC.

    www.equilend.com

    EquiLend LLC, EquiLend Europe Limited, and EquiLend Canada Inc. are
subsidiaries of EquiLend Holdings LLC (collectively, "EquiLend"). EquiLend
LLC is a member of the FINRA and SIPC. EquiLend Europe Limited is
authorized and regulated by the Financial Services Authority. EquiLend
Canada Inc. is authorized and regulated by IIROC. All services offered by
EquiLend are offered through EquiLend LLC, EquiLend Europe Limited, and
EquiLend Canada Inc. EquiLend and the EquiLend mark are protected in the
United States and in countries throughout the world.

    

For further information, contact:
Michelle Lindenberger
+1 212 901 2224
Email Contact

Copyright 2009, Market Wire, All rights reserved.

-0-
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.