Leverage the full breadth of our agency lending program to help boost returns in a highly competitive market. Working with us, you have access to a dedicated risk management structure, borrower default indemnification, and multiple routes to market with customized lending programs and third-party securities lending solutions – built on more than 50 years of experience. We work closely with you to manage all your lending activities from pre- to post-trade.

Innovation and broad distribution network
Our extensive supply capabilities, combined with flexible collateral options and strong operational efficiency, enable us to strengthen our market presence and secure competitive pricing advantages. Spanning approximately 150 trading counterparties worldwide, our borrower network offers exceptional access to liquidity and pricing opportunities. In addition to in-house demand through our prime services platform, we offer direct access to buy-side borrowers, expanding alternative sources of demand. Our advanced trade structures enhance borrower processes while generating alpha for our lenders.

Scale and operational efficiency
By harnessing our global scale and real-time integration through our custody systems, we deliver a seamless experience that minimizes sell fails, streamlines proxy voting and simplifies corporate action elections. As markets accelerate toward shorter settlement cycles, this connectivity becomes even more critical. Our proactive coordination with the Asset Servicing team ensures timely updates and smooth execution — reducing friction and keeping the investment management process on track.

Customization and risk management
We offer fully customizable rules, restrictions and cash reinvestment guidelines tailored to your unique risk and return objectives. Our dedicated Front-Office Risk teams focus exclusively on credit, collateral and market risk, supported by our proprietary borrower rating system and daily stress testing of both borrowers and collateral. This robust framework is further reinforced by independent enterprise risk oversight and the added assurance of indemnification from an AA-rated¹ global systemically important financial institution (G-SIFI).

Quantitative approach to trading
Our quantitative approach to designing and deploying automated trading strategies spans various asset classes. We offer customized, real-time pricing and inventory management algorithms that leverage a range of market and proprietary data to maximize returns. This allows traders to dedicate their time to high-impact specials, structured trading and market trend analysis. Additionally, we provide documented results for lenders through independent performance benchmarking.

Peer-to-peer lending
Our direct access offering enables direct principal loans between agency lending and prime services borrowing clients. This seamless peer-to-peer model is supported by the operational efficiency and expertise of a managed securities lending solution.

Asset and liability management
Our team aligns your risk and return objectives with your loan activity, providing access to our dedicated global Cash Management team and offering solutions that help you anticipate and navigate market events.

Cash collateral reinvestment with State Street Investment Management
You also benefit from our dedicated team of reinvestment specialists that provides a customized solution to collateral reinvestment, allowing you to determine portfolio guidelines according to your risk appetite.

Backed by more than 50 years of experience, our agency lending program provides customized custodial and third-party securities lending solutions that span pre-trade to post-trade. Our range of distribution channels — with approximately 150 borrowers globally and over 30 traders specialized by asset class/trade — increases your loan opportunities, while you benefit from a dedicated risk management structure and borrower default indemnification by an AA- rated institution¹, the joint-highest of any agent lender.