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.