EquiLend is a leading provider of trading and post-trade services for the securities finance industry with offices in New York, London, Hong Kong and Toronto. It is backed by 10 global financial institutions: BlackRock, Credit Suisse, Goldman Sachs, J.P. Morgan Clearing, J.P. Morgan Chase, Bank of America Merrill Lynch, Morgan Stanley, Northern Trust, State Street and UBS. Used by securities borrowers and lenders globally, the EquiLend platform (for equities) and BondLend platform (for fixed income) automate formerly manual trading and post-trade processes in the securities finance industry.
In July 2016 EquiLend acquired Automated Equity Finance Markets, Inc. (aka AQS) and its associated middle-office and front-end software from Quadriserv. The acquired business and technology served as the basis for the EquiLend Clearing Services, a centrally-cleared marketplace for securities lending transactions.
Cinnober provides trading and positions management system for cleared securities lending contracts to Equilend clearing services.