Strategic investment builds on long-standing collaboration between the two organizations NEW YORK , March 13, 2025 /PRNewswire/ -- EquiLend, the global leader in technology, data and analytics solutions for the securities finance industry, today announced a minority investment from an affiliate of The Bank of New York Mellon Corporation (BNY) (NYSE: BK ). BNY's investment represents a significant commitment to EquiLend and its suite of technology solutions. BNY, alongside eight additional major financial institutions with strategic investments in EquiLend, will advise the company on enabling further innovation and efficiency across the securities finance ecosystem.
BNY will also join a select group of planned initial users of EquiLend's 1Source solution , the first industry-wide single source of truth for securities finance transactions. The 1Source platform has been developed in collaboration with leading industry participants to enhance transparency, reduce inefficiencies and establish new operational standards for the global securities finance market, delivered via smart contracts across a distributed ledger (DLT). By addressing critical inefficiencies, 1Source will represent a significant advancement and is positioned to become a foundational market infrastructure solution.
Nehal Udeshi , Head of Securities Finance, BNY, said: "This investment reflects our confidence in EquiLend's ability to tackle the industry's biggest challenges with innovative solutions that drive gre.
