Clearstream has selected automated technology platform BondLend for lending securities, Finextra reports. The move will enable Clearstream to optimize revenue for lenders and give easier access to liquidity for borrowers and lower operational risk in securities loan processing. BondLend’s trading and financing services remove manual processes, free up resources, boost efficiency and slash error rates, all without additional cost. BondLend comparison services add efficiency and lower the risk of potential collateral management errors.
Click here for the story from Finextra.