Seeing the market clearly : How securities finance data is informing investment, risk and trading strategies in novel new ways
Abstract
Securities finance data has traditionally been used by participants in the financing markets to accurately price and manage lending programmes. Users of data included beneficial owners (long holders of securities), agent lenders, broker deals and, to a lesser extent, hedge funds. Today, the scope and use case for securities finance data far exceeds where we were even five years ago. The changes have been fast and furious. Use cases have proliferated and consumers of the data have expanded way beyond financing markets to the broader institutional and retail markets. The time to market has also increased dramatically. No longer is data available only on a T+1 basis; it is now published intraday in real-time, and the data is being incorporated into factor-driven trading models. This paper explores how securities financing data — anchored in transparency, real-time availability and measurable financial impact — serves as a strategic tool across multiple use cases and financial functions. By integrating specific use cases and showcasing how securities financing data can serve as a strategic asset, this piece illustrates how securities financing data can inform tactical decisions and facilitate long-term optimisation for companies. This article is also included in The Business & Management Collection which can be accessed at https:// hstalks.com/business/.
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Author's Biography
Nancy E. Allen is Head of Data and Analytics Solutions at EquiLend. She has more than 20 years’ experience in the global securities finance market. As Head of Data & Analytics Solutions, she is responsible for the strategic development and growth of the product suite. Nancy is a recognised industry thought leader, knowledge expert and trusted client adviser. She is a regular contributor to financial publications and frequent speaker at industry conferences and client events. She is New York Chapter Lead for Women in Securities Finance and was named Waters Technology’s 2023 Market Data Professional of the Year. Nancy joined EquiLend from Northern Trust, where she was Senior Vice President and Head of International Fixed Income Securities Lending Trading, based in London. Previously, Nancy held various positions in securities finance at Northern Trust, State Street and Deutsche Bank. She has a Bachelor of Science degree in Business/Managerial Economics from Cornell University in Ithaca, New York.
