OM powers eSecLending programme

OM powers eSecLending programme

Old Mutual subsidiary eSecLending has gone live with OM's OneWorld Securities Finance suite to administer its new California public employees’ retirement system (CalPers) securities lending programme.

OneWorld is a modular solution offering front-to-back office functionality for eSecLending's daily operation administration of its client programmes, says the company.

Alan Matson, chief technology officer at eSecLending, says: “We chose OneWorld Securities Finance to power our new securities lending offering because of its modern, open architecture and built-in flexibility."

RBC Capital Markets of Canada recently went live with OneWorld Securities Finance in the fourth quarter of 2001.

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