MoraBanc selects Sharegain to support sec lending for private bank clients
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MoraBanc selects Sharegain to support sec lending for private bank clients 09 May 2023London Reporter: SFT
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MoraBanc has chosen Sharegain鈥檚 Securities Lending as a Service (SLaaS) to deliver securities lending services to its private banking customers.
The Andorra-based banking group, with offices in London, indicates that Sharegain鈥檚 SLaaS solution will enable it to connect all asset pools to one centralised securities lending solution and to generate new revenue from its assets under custody.
Carlos Salinas, MoraBanc鈥檚 head of digital assets and fintech, says: 鈥淲e always look for ways to add value to our clients and Sharegain鈥檚 SLaaS solution will enable our private banking clients to benefit from a new source of income on their investment portfolio, through securities lending.鈥�
Sharegains鈥檚 CEO and founder Boaz Yaari comments: 鈥淲e are proud to collaborate with
the outstanding team at MoraBanc and are excited by the opportunity to deliver greater value to them and their clients.鈥�
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