02.28.2019

IHS Markit Upgrades Securities Finance Platform

02.28.2019

IHS Markit Brings Innovative New Features to Securities Finance Platform

NEW YORK (February 28, 2019) – IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions, today announced the addition of new functionality to its Securities Finance platform, a leading source of data and intelligence on global securities financing transactions. The enhancements deliver public disclosure coverage for the Japanese market, a global data feed on corporate bond lending activity, an updated model for forecasting short interest in the US and multi-asset performance measurement tools.

“Across the securities financing ecosystem, the pace of innovation is accelerating and in step with market developments, we are providing our customers with enhanced data and analytics to help them manage their businesses with greater efficiency,” said Paul Wilson, managing director and global head of Securities Finance at IHS Markit. “We are focused on introducing new services for beneficial owners, providing greater visibility into collateral, high quality liquid asset (HQLA) classification, best execution and other regulatory requirements.”

The new functionality in the IHS Markit Securities Finance platform includes:

  • Coverage for Japan – Daily reporting on publicly disclosed short interest for 2,000 Japanese securities, which complements existing APAC coverage in Australia, Hong Kong, South Korea and Taiwan and increases coverage to 23 markets globally.
  • Global Corporate Bond Data Feed – Unique assessments of the securities lending supply and demand across the capital structure of a company, which helps to identify companies at risk of default and monitor short selling activity beyond traditional equity metrics.
  • Updated US Forecasting Model – Produces proprietary, weighted-average forecasts for US assets, with additional inputs on correlations to daily securities lending balances, dividends and trade volumes.
  • Securities Finance Performance Measurement – A peer comparison tool for securities lenders to precisely analyze their performance against best matched peer groups based on lending characteristics. For borrowers, it is an intuitive engine for comparing borrow rates among borrowers and performing peer group analyses on market size, trading levels and market share.

IHS Markit Securities Finance tracks more than $20 trillion of global securities in lending programs from 20,000-plus institutional funds. The platform includes 12 years of historical data on more than 3 million intraday transactions. Data is sourced directly from leading industry practitioners, such as prime brokers, custodians, asset managers and hedge funds.

About IHS Markit (www.ihsmarkit.com)
IHS Markit (Nasdaq: INFO) is a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide. The company delivers next-generation information, analytics and solutions to customers in business, finance and government, improving their operational efficiency and providing deep insights that lead to well-informed, confident decisions. IHS Markit has more than 50,000 business and government customers, including 80 percent of the Fortune Global 500 and the world’s leading financial institutions. Headquartered in London, IHS Markit is committed to sustainable, profitable growth.

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