4sight has announced the launch of support for the borrowing and lending of Exchange Traded Funds (ETFs) within its 4sight Securities Finance (4SF) software solution.
The new functionality extends the facility to track cash trades within 4SF to include ETFs and ETF compositions. The features provide visibility of long short ETF strategy, along with tools for managing ETF exposure and the P&L costs of borrowing and lending ETFs.
"We have developed this new functionality to meet the needs of our clients as ETFs become a more prominent feature of the securities lending landscape", comments Jason Hayes - 4sight's North American Sales Director. "4sight's commitment to product development will continue to benefit our customers as the market evolves."