HQLAᵡ, the distributed ledger for securities finance and repo, and Wematch, a fintech company offering web-based tools and solutions to enhance the dealing process, has formed a collaboration to enhance the mobility of collateral assets in securities finance transactions. This will pave the way for any of the 90 legal entities and 900 traders already onboarded on Wematch who are also HQLAᵡ clients to be able to input securities lending indications of interest on the Wematch trade execution platform, with post-trade settlement confirmed by the HQLAᵡ ownership transfer platform. The service offering is currently in design phase for expected roll-out in Q1 2023.
