Financial technology company FIS (NYSE:FIS) has launched its new automated matching and execution platform for securities finance trades in the UK.
The Securities Finance Matching Platform uses smart automated matching technology to facilitate secure, scalable and cost-effective straight-through processing of securities finance trades. The innovative cloud-native solution seeks to bolster resilience by providing a brand-new enhanced route to market that mitigates single-point-of-failure risk.
FIS’ new Securities Finance Matching Platform identifies the best-match scenario by automating the evaluation of multiple factors involved in securities trading including fee or rebate rate, capital requirements, transaction and reporting costs, as well as counter-party trading patterns.
These enhanced capabilities…
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