EquiLend Expands Securities Finance Capabilities with Trading Apps Acquisition
EquiLend has bolstered its position as a global securities finance leader through the acquisition of Trading Apps, a front-office technology provider specializing in automation tools and modular trading solutions. The MOVE aligns with EquiLend's strategy to streamline the securities finance ecosystem by embedding automation across front-office and post-trade workflows.
Trading Apps' suite of tools, including its Lender and Borrower Apps, enhances trading efficiency by automating workflows, accelerating execution speed, and optimizing returns. The acquisition also integrates TA.Link, a trade messaging service that will serve as a resiliency solution for EquiLend's NGT platform while maintaining independent operation.