Sharegain , a leading B2B securities lending fintech, today announced a strategic alliance with JP Morgan’s Securities Services company.
Sharegain Ltd’s SLTech solution will allow JP Morgan to enhance its lending offering from securities agencies by making it more accessible to new wealth managers and online brokers. This collaboration adds another global custodian to Sharegain’s growing customer base in APAC, Europe and the Middle East.
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Harpreet Bains , Global Head of Product Management, JP Morgan’s Agency Securities Finance Division, said: “This exciting collaboration will enable JP Morgan to meet the growing needs of the aggregator segment, which is increasingly looking for scalable solutions to offer securities lending to its end clients, without burdening the implementation of time-complex technologies and costs. Marrying our best technology and global distribution capabilities with Sharegain’s SLTech solution, enables clients to monetize a new and significant pool of attractive lending offering while addressing the complexities that need to be considered when aggregators add securities lending to their offering.”
Boaz Yaari, CEO and Founder of Sharegain, said: “We are thrilled to be working with the amazing team at JP Morgan to offer clients a fully digital securities lending solution. This strategic alliance is further validation of Sharegain’s industry-leading technology and expertise. It also underscores the power of innovation as a catalyst for democratization and inclusion in capital markets.”