Securities lending agents facilitate securities lending transactions by offering your available securities to borrowers, that is, the fully-paid securities you hold in your portfolio. Some custodians offer this service for the securities under their custody, but there are also independent firms who specialise in lending securities on your behalf. These specialist firms are called agent lenders.
Sharegain has reinvented the agent lender model by developing the world’s first Digital Agent Lender (DAL). The DAL is a fully-automated and transparent securities lending solution.
Sharegain’s founder and CEO, Boaz Yaari, worked in capital markets for many years. During this time, he discovered that the securities lending industry was largely dominated by a relatively small number of incumbent institutions. In many cases, investors have been unable to benefit from this practice because they were either tied to the decisions of their custodian or shutout by high barriers to entry. If you were fortunate enough to be on the inside of the ecosystem, you either had to invest considerable time and money in doing it yourself or hand significant control and responsibility for risk management and transparency to someone else. The problem is, without control or transparency how can you ensure best execution?
With Sharegain, there is no need to outsource your securities lending programme and in doing so relinquish control and transparency. We help you automate lending activity, whilst allowing you to maintain control without having to divert your focus from portfolio allocation and investment-making decisions. Also in accordance with transparency, Sharegain’s fee structure is very simple – if you don’t lend, you don’t pay. Our revenues are tied exclusively to the lending fees your portfolio generates – and neither does our solution prohibit the use of other agents.
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