Our securities lending product enables both bilateral and CCP trading. Playing the role of collateral administrator for all parties to a transaction, we also act as the primary settlement service provider.
Securities lending and borrowing is a complex business covering trading, settlement instructions, collateral management and loan management. In the securities lending business, securities are made available to another bank against collateral for a predefined period. Once this period expires, it becomes critical for the return of the securities to be managed carefully. This is where SIX Securities Services offers you excellent control and oversight.
SecLend is fully automated – right from the trade all the way through to settlement. With SecLend, settlement risks are largely eliminated thanks to delivery versus delivery (DVD) settlement in real time. This opens up a lending opportunity for you, offering new sources of income and attractive business possibilities, while ensuring the lowest possible operating risks.