Equilend connects repo and securities finance desks to electronic execution, shared trade records, and regulatory reporting on one platform. Trade repo on NGT, keep books and records in sync with your counterparties and leverage books and records for post-trade reporting. From negotiation through settlement, your repo desk runs in one place.
Challenge 1
Limited counterparty reach
Bilateral channels cap your liquidity access. You see only the counterparties you already deal with.
Manual execution loses time when rates move
Voice and email slow every trade. In repo, seconds matter.
Rekeying errors create reconciliation work
Manual bookings across channels produce mismatches. Resolving them pulls operations away from the desk.
Challenge 2
No single view of the book
Inventory, billing, and cash positions in separate systems leave your real-time picture incomplete.
Cash reinvestment is hard to manage at pace
Overnight, term, repo, and reverse repo positions change throughout the day. Manual processes can't keep up.
Reconciliation replaces trading time
When systems don't connect, operations teams spend the day closing gaps.
Challenge 3
Separate records create breaks
Two counterparties, two sets of records. Every divergence becomes a break to resolve.
Fails carry real costs
The average aged failing trade costs about €14,700. Under T+1, there's far less time to fix it.
Breaks compound across the lifecycle
A mismatch at trade booking can cascade through marks, recalls, and settlement.
Challenge 4
Manual document exchange delays onboarding
Legal, operational, and due diligence information is often exchanged through email and spreadsheets, creating unnecessary administrative effort and slowing onboarding.
Repeated requests create friction
The same information is requested by multiple counterparties, increasing duplication, extending onboarding timelines, and making it harder to keep records current.
Delayed onboarding limits trading opportunities
Until onboarding is complete, firms cannot efficiently establish new repo relationships or access additional liquidity, slowing business growth.
Equilend's four solution verticals cover the full scope of repo and securities finance: electronic trading, post-trade lifecycle management, market intelligence and analytics, and digital ledger infrastructure.
Equilend's Trading vertical covers multi-asset electronic execution across stock loan, fixed income, and repo, with 145+ firms connected daily across 30+ markets. Trade bilaterally, through central clearing, or via TRS, with full automation from negotiation to booking. The platform averages $200 billion in daily notional and is T+1 ready.
Spire supports repo by providing a unified platform to book, manage, optimise, and settle repo transactions across the full trade lifecycle. It automates trade capture, collateral allocation, lifecycle events, settlement, exposure monitoring, and regulatory reporting, while integrating with trading venues, custodians, tri-party agents, and internal systems to streamline repo operations and reduce operational risk.
Equilend's Data & Insights vertical gives repo and securities finance desks access to global market data, analytics, and real-time benchmarks. The data covers securities finance activity across markets, with API access and customisable data feeds to inform execution and inventory decisions.
145+
Firms trading on NGT globally each day
$247B
Average daily notional traded on NGT as of July 2026
30+
Markets that NGT is active in
"Equilend has helped us streamline our securities lending operations, improve efficiency across the trade lifecycle, and scale our programme with greater confidence."
"Equilend has helped us streamline our securities lending operations, improve efficiency across the trade lifecycle, and scale our programme with greater confidence."
In The Purple Issue 22, Equilend Data & Analytics shows exactly where that revenue came from, across regions, asset classes, sectors and real-time demand. This is the same data firms use to track positioning, spot opportunities and react faster to market shifts.
2025 was a defining year for AI-linked equities. Markets aggressively rewarded companies positioned across the entire value chain, from compute infrastructure and semiconductors to enterprise services and quantum technology.
The curtain has closed on 2025 — and what a year it was for global securities finance.
See how Equilend supports repo across trading, books and records, reconciliation, and reporting with a demo built around your desk.
Yes. NGT covers multi-asset electronic execution across stock loan, fixed income, and repo, with 145+ firms connected daily across 30+ markets. Repo desks can trade bilaterally, through central clearing, or via TRS, with automation from negotiation through booking on a platform averaging $200 billion in daily notional.
Equilend's shared trade records keep both sides of a repo transaction working from the same data, so divergences surface immediately instead of becoming reconciliation breaks. A mismatch caught at booking never has the chance to cascade through marks, recalls, and settlement.
The average aged failing trade costs about €14,700, and under T+1 there is far less time to fix one before that cost lands. Connected records and automated lifecycle management reduce both the number of fails and the time to resolve them.
Yes. Spire provides a unified platform to book, manage, optimise, and settle repo transactions across the full trade lifecycle, automating trade capture, collateral allocation, lifecycle events, settlement, exposure monitoring, and regulatory reporting, while integrating with trading venues, custodians, tri-party agents, and internal systems.
Stay ahead of the ever-changing securities and finance landscape with expert insights, market trends, and timely updates designed to help you make smarter financial decisions with confidence.
