Core Insights - EquiLend has received a minority investment from an affiliate of The Bank of New York Mellon Corporation (BNY), reinforcing their long-standing collaboration [1][2] - BNY's investment signifies a strong commitment to EquiLend and its technology solutions, with BNY joining other major financial institutions to advise on innovation and efficiency in the securities finance ecosystem [2][4] - BNY will be among the initial users of EquiLend's 1Source solution, which aims to enhance transparency and reduce inefficiencies in securities finance transactions through smart contracts and distributed ledger technology [3][4] Company Overview - EquiLend is a global financial technology firm specializing in Trading, Post-Trade, Data & Analytics, RegTech, and Platform Solutions for the securities finance industry, operating across North America, EMEA, and Asia-Pacific [5] - The company is recognized for its commitment to excellence and innovation, having received multiple awards including Americas and EMEA Data Provider of the Year and Regulatory Solution of the Year in the Securities Finance Times Industry Excellence Awards 2024 [5]
EquiLend Secures Minority Investment from BNY