Wematch.live, the award-winning financial technology platform for securities financing, is proud to announce the successful execution of its first Securities Lending trade in the Asia-Pacific region. This milestone transaction was completed between two leading global financial institutions in Hong Kong, marking a significant step forward for the digitalisation of the securities lending market in the region.

The trade, which took place on 13th March 2024, marks a significant step in Wematch’s expansion into the APAC securities lending market. This achievement follows closely on the heels of Wematch’s 2nd APAC Forum earlier this month at the PASLA Conference, where the company garnered significant interest from regional market participants.

David Raccat, CRO and Co-Founder of Wematch expressed his enthusiasm for this landmark event: “We are thrilled to have facilitated our first Securities Lending trade in APAC, and we are grateful for the support of our partners. This transaction demonstrates the strength of our Platform and its ability to connect lenders and borrowers seamlessly across the globe. We look forward to further expanding our presence in the APAC region and continuing to drive innovation in the securities financing industry.”

Wematch’s cutting-edge platform, which recently announced the significant milestone of surpassing $300bn in ongoing notional volume in February 2024, leverages advanced technology and data analytics to streamline the securities lending process, providing enhanced transparency, efficiency, and risk management capabilities to market participants. The latest company’s milestone in APAC underscores the growing demand for digital solutions in the securities financing space and positions Wematch as a key player in the region’s evolving landscape.

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