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EquiLend launches regtech division

Source: EquiLend

EquiLend, the global financial technology, data and analytics company for the securities finance industry, today announces the launch of EquiLend RegTech Solutions, a new division developed to support clients in meeting global regulatory requirements.

The EquiLend RegTech Solutions group was launched as part of a company-wide strategic initiative to best serve the evolving needs of securities finance industry participants.

As part of the launch, Kevin McNulty, former CEO of the International Securities Lending Association (ISLA), has been appointed Head of RegTech Solutions at EquiLend.

EquiLend RegTech Solutions includes an integrated suite of services supporting clients with multiple global regulations, including Securities Financing Transactions Regulation (SFTR), Central Securities Depositories Regulation (CSDR), Agency Lending Disclosure (ALD), the proposed SEC 10c-1 rule, as well as supporting clients with their ESG requirements.

Kevin McNulty, Head of RegTech Solutions at EquiLend, says: “The challenge of meeting regulatory requirements for industry participants is still great, with new requirements on the horizon around the world and the prospect of existing rules being reviewed and changed. Given EquiLend’s focus on creating value-added solutions for clients, it makes perfect sense to create a division purely focused on this area. I’m excited to lead this initiative and am looking forward to working with Brian, the EquiLend team and of course our clients in further developing our suite of regulatory solutions.”

Brian Lamb, CEO of EquiLend, says: “EquiLend has been bringing automation and scale to securities finance since 2001. We are constantly evolving to meet the needs of the current market environment with an aim to continually create new efficiencies for our clients. As global regulators have increasingly focused on the securities finance market, we created a world-class team dedicated entirely to supporting our clients in meeting their regulatory obligations as simply and effectively as possible. We are excited for the opportunities EquiLend RegTech Solutions will bring to the market.” 

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