Citi has launched the first fully automated securities lending solution for wealth management firms, in partnership with fintech firm Sharegain. Through Citi’s solution, wealth managers can deliver a securities lending program to their clients, giving them the opportunity to earn additional revenue on their stocks, bonds and ETFs, without developing an internal program from scratch. The new securities lending solution is designed to integrate with wealth managers’ existing IT infrastructure. It provides a fully digital user experience for underlying clients, from opting in to the program through to managing their lending.
