EquiLend CEO Brian Lamb said: "Having a bank of SuMi Trust’s stature join the platform is a strong endorsement of EquiLend’s suite of trading services and represents an important move for the business in the Japanese marketplace."
SuMi Trust London Branch senior manager Nobuyoshi Fujii said the integration of EquiLend’s services into its securities lending operations will result in significantly improved efficiencies to the benefit of its customer base.
"Furthermore, the adoption of EquiLend will help improve the efficiency and liquidity of the Japanese equity market," Fujii added.
SuMi Trust is the first Japanese domestic client to join the EquiLend’s platform.
EquiLend is a provider of global securities finance trading and post trade services for the securities finance industry backed by 10 global financial institutions.
