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Industry news

DataLend flies past $10 trillion in value


15 October 2013 New York
Reporter: Mark Dugdale

Generic business image for news article
Image: Shutterstock
DataLend has surpassed $10 trillion in total inventory value covering nearly 40,000 securities worldwide.

The securities finance market data provider, launched in January, tracks securities with approximately $1.6 trillion of on-loan value globally.

Ben Glicher, managing director and chief information officer at DataLend, said passing the $10 trillion mark 鈥渋s not just a symbolic milestone鈥攊t is quantitative evidence of the breadth and depth of our data鈥.

鈥淲ith our quality data and complete set of services for traders, quantitative analysts and relationship managers, DataLend is a truly comprehensive provider of securities finance market data.鈥
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