Sharegain forms alliance with J.P. Morgan
18 April 2023 UK
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B2B securities lending fintech firm Sharegain has formed a strategic alliance with J.P. Morgan’s Â鶹´«Ã½ Services business.
Sharegain’s Â鶹´«Ã½ Lending Technology (SLTech) solution aims to enhance J.P. Morgan’s securities agency lending offering by improving its accessibility to wealth managers and online broker participants
The collaboration between the two firms adds an additional global custodian to Sharegain’s growing roster of clients in APAC, Europe and the Middle East, according to the fintech.
Commenting on the announcement, Harpreet Bains, global head of product management for J.P. Morgan’s Agency Â鶹´«Ã½ Finance division, says: “This collaboration enables J.P. Morgan to address the growing needs of the aggregator segment, which is increasingly searching for scalable solutions to offer securities lending to their end customers without the time and cost burden of implementing complex technology.
“Connecting our technology and global distribution capabilities to Sharegain’s SLTech solution allows clients to monetise a new and substantial pool of attractive lending supply and addresses the complexities requiring consideration when aggregators expand their offering to include securities lending.â€
CEO and founder of Sharegain Boaz Yaari adds: “We are thrilled to partner with J.P. Morgan to deliver a fully digital securities lending solution to its customers. This strategic alliance represents another validation of Sharegain’s technology and expertise. It also underscores the power of innovation as a catalyst to democratisation and inclusion in capital markets.â€
Sharegain’s Â鶹´«Ã½ Lending Technology (SLTech) solution aims to enhance J.P. Morgan’s securities agency lending offering by improving its accessibility to wealth managers and online broker participants
The collaboration between the two firms adds an additional global custodian to Sharegain’s growing roster of clients in APAC, Europe and the Middle East, according to the fintech.
Commenting on the announcement, Harpreet Bains, global head of product management for J.P. Morgan’s Agency Â鶹´«Ã½ Finance division, says: “This collaboration enables J.P. Morgan to address the growing needs of the aggregator segment, which is increasingly searching for scalable solutions to offer securities lending to their end customers without the time and cost burden of implementing complex technology.
“Connecting our technology and global distribution capabilities to Sharegain’s SLTech solution allows clients to monetise a new and substantial pool of attractive lending supply and addresses the complexities requiring consideration when aggregators expand their offering to include securities lending.â€
CEO and founder of Sharegain Boaz Yaari adds: “We are thrilled to partner with J.P. Morgan to deliver a fully digital securities lending solution to its customers. This strategic alliance represents another validation of Sharegain’s technology and expertise. It also underscores the power of innovation as a catalyst to democratisation and inclusion in capital markets.â€
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