4sight has announced that eSecLending has made the decision to renew its software agreement with 4sight and will continue to use the 4sight Securities Finance system for its securities borrowing and lending operations.
eSecLending joins Robeco and a number of other institutions as the latest company to extend its contract with 4sight in the last 12 months, and marks another positive development for the securities finance software provider.
eSecLending has used 4sight Securities Finance since 2002 and the agreement will enable the company to continue using the software to help its clients gain greater control over their lending activities, while providing a consistently high level of customer support.
Judith McKelvey, 4sight Global Sales Director comments "We are pleased at the chance to continue to work closely with our clients to satisfy their ambitious future business requirements. Our emphasis is on regarding every client as our most valued customer, and each installation as the beginning of an important long term relationship. It is this approach, along with our policy of continually developing and improving our products that is paying dividends for both 4sight and our clients."
"The decision to renew 4sight's contract is in line with our aim to be an industry leader with regards to technological capabilities and flexibility," says Alan Matson, Chief Technology Officer of eSecLending. "4sight is a technology partner that matches our strategy of innovation and continuous improvement, and a company we feel confident working with to achieve our business goals."