Last week we hosted our inaugural SBL (Securities Borrowing and Lending) Roundtable event in London. As a fintech pioneer focused on securities financing, we welcomed 21 SBL specialists from 17 major banks for a presentation and discussion about the innovations we are bringing to the SBL market.

We have developed a robust, cloud-based SBL platform to increase efficiency and healthy competition in the GC (General Collateral) market. Our platform provides tailored workflows for underserved segments like specials, corporate bonds, ETFs and upgrades/downgrades.

We have consistently invested in SBL with a live platform since 2018, covering GC, HTB, FRM, Corporate Bonds and ETFs. We now have several prime borrowers and lenders onboarded. In 2022, we significantly revamped our capacity and workflow to handle growing GC volumes. Our platform is fully cloud-based with a security-first approach.

Following ongoing upgrades to our platform, with API connectivity now live for several key market participants, we’ve seen tremendous growth, with a 10x increase in SBL interests posted on our platform and a 44x surge in traded notional during January 2024. Our cloud architecture easily absorbed this spike in volume without any hiccups.

At Wematch, we aim to leverage direct input from lenders and borrowers to enable smart matching optimisation based on proprietary rules and constraints defined by clients. This will allow for better collateral management across both SBL and TRS books. We also look at enabling seamless integration through auto-booking connections with major post-trade vendors. 

Through our innovative platform and partnership approach, we are bringing much-needed advancements to help drive efficiency, automation and transparency in the SBL market. With our competitive transparent pricing designed to incentivise API adoption, we aim to be at the forefront of transforming securities lending.

We were thrilled to connect with many experts at our first SBL Roundtable in London. At Wematch, we are committed to shaping the future of securities financing.

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The views and opinions expressed are for informational and educational purposes only as of the time of the writing/production and may change at any time. The material may contain “forward-looking” information that is not purely historical in nature. Such information may include, among other things, projections, forecasts, estimates of market returns, and proposed or expected portfolio composition. All information has been obtained from sources believed to be reliable, but its accuracy is not guaranteed. There is no representation or warranty as to the current accuracy, reliability or completeness of, nor liability for, decisions based on such information and it should not be relied on as such.