Increase clarity and control regarding risks associated with excess stock loan and changes in borrow rates.
How does it help?
Using Messer’s stock loan module as an organisational tool, clients can view borrowed inventory, borrow cost and blended rates, and also tag to strategy and manager level. Checks for excess securities lending and inconsistent borrow rates are in place and alerts can be set up.
Accurately track and return unneeded excess stock loan
Monitor and apply re-rating and accrue fees
Straight-through processing to downstream accounting systems
Determine and reconcile borrow requirements across trading systems and counterparty statements
Trade-based allocation of financing costs
Full transparency for investors and regulatory requirements