EquiLend and The Risk Management Association Launch Guide to Latin America Securities Finance

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Jan 29, 2019, 10:00 ET

NEW YORK and PHILADELPHIA, Pa., Jan. 29, 2019 /PRNewswire/ -- The Risk Management Association (RMA) and EquiLend have joined forces with domestic and international market participants active in Latin America to produce the first annual Latin America Securities Finance User Guide, the most robust document of its kind ever produced for the securities finance market.

The Latin America Securities Finance User Guide 2019 looks at the current and future state of Latin American securities finance markets including Brazil, Mexico, Peru, Argentina, and Chile; regional innovations such as the Mercado Integrado Latinoamericano (MILA) exchange; illustrative market data; and much more. The user guide is a comprehensive resource for agent lenders, broker dealers, CSDs, CCPs, exchanges, beneficial owners, hedge funds, lawyers, regulators, and consultants interested in the Latin American securities finance markets.

EquiLend and RMA intend for the work to serve as a user's guide to the region, offering local insights and market expertise for both domestic and global participants, and look forward to working with market participants to update the document each year.

The guide is available here.

About RMA

Founded in 1914, The Risk Management Association is a not-for-profit, member-driven professional association whose sole purpose is to advance the use of sound risk management principles in the financial services industry. RMA promotes an enterprise approach to risk management that focuses on credit risk, market risk and operational risk. Headquartered in Philadelphia, Pennsylvania, RMA has 2,500 institutional members that include banks of all sizes as well as nonbank financial institutions. They are represented in the Association by 18,000 individuals located throughout North America, Europe, Australia and Asia/Pacific.

About EquiLend

EquiLend is a leading provider of trading, post-trade, market data and clearing services for the securities finance industry with offices in New York, Boston, Toronto, London, Dublin and Hong Kong. EquiLend is owned by BlackRock, Credit Suisse, Goldman Sachs, JP Morgan, JP Morgan Chase, Bank of America Merrill Lynch, Morgan Stanley, Northern Trust, State Street and UBS.

EquiLend operates NGT, the securities finance industry's most active trading platform, as well as a Post-Trade Suite for securities finance operations. DataLend provides performance reporting and global securities finance data to agent lenders, broker-dealers and beneficial owners. EquiLend Clearing Services offers CCP services and connectivity.

SOURCE The Risk Management Association