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Wematch's David Raccat on the Global Shake-up in Securities Financing

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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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.

 

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