In a recent interview with Finadium, David Raccat, co-founder and chief revenue officer of Wematch.live, discussed the significant disruption underway in securities financing markets. Recent cybersecurity breaches represent a wake-up call for the industry, driving participants to seek out alternative platforms, products, and venues for liquidity.
In recent weeks, Wematch has seen surging client interest and volumes, expanding from niche markets into general collateral flows as it scales up its platform. Securities financing volumes have grown rapidly, surpassing $300bn, while total return swap (TRS) volumes and turnover continue to hit new records.
Wematch’s latest initiatives include solutions for automating TRS workflows, providing pricing transparency, and enabling DLT-based intraday repo trading and real-time portfolio updates. With the sell-side facing regulatory pressures, Wematch is well-positioned to facilitate the shift from physical to synthetic financing.
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