EquiLend Competitive Intelligence & Landscape
equilend.com ·
What is EquiLend likely to do next?
ForesightIQ connects EquiLend's hiring, product, web, ad, and market signals to forecast strategic moves — often months before they're announced.
Senior hiring patterns point to a planned enterprise product line launching within two quarters.
Quiet changes to docs and pricing pages signal an upcoming usage-based pricing tier and new API surface.
Ad spend and partnership activity indicate a push into the mid-market segment across two new regions.
Free · generated in ~60 seconds · no signup to preview
Overview
EquiLend Overview
EquiLend provides a centralized platform that connects over 190 financial institutions, including agent lenders, broker-dealers, beneficial owners, and hedge funds, fostering a global network of counterparties [Source: https://equilend.com/about/]. The company operates globally with offices in New York, London, Toronto, Hong Kong, and Tokyo, among others [Source: https://equilend.com/contact-us/].
EquiLend offers a comprehensive suite of solutions across pre-trade, trade execution, market data, and lifecycle management. Key offerings include NGT (Next Generation Trading), a multi-asset class trading platform designed to enhance transparency and automation in securities finance [Source: https://equilend.com/solutions/], and ECS Loan Market for accessing global liquidity [Source: https://equilend.com/]. Their post-trade services encompass billing, comparisons, returns, and recalls, streamlining trade lifecycle management [Source: https://equilend.com/]. The company also provides RegTech solutions for regulatory compliance, including SFTR, CSDR, and ALD services [Source: https://equilend.com/].
Beyond trading and post-trade, EquiLend delivers robust data and analytics through DataLend, which offers global securities finance data, performance reporting, and consulting [Source: https://equilend.com/]. Their Spire platform is a state-of-the-art solution that can be deployed modularly or as a complete front-to-back system, supporting business growth and scalability for securities finance operations [Source: https://equilend.com/wp-content/uploads/2024/03/EquiLend-Securities-Finance-Platform-Solutions-Fact-Sheet-2024.pdf]. Additionally, 1Source leverages distributed ledger technology (DLT) to create a single source of truth for transactions, reducing reconciliation breaks [Source: https://equilend.com/].
EquiLend is also committed to ESG principles, integrating sustainability and sound corporate governance into its operations [Source: https://equilend.com/esg/].
Sources
EquiLend
equilend.com
About - EquiLend
equilend.com
Our Solutions - EquiLend
equilend.com
EquiLend Careers
equilend.com
Contact Us - EquiLend
equilend.com
Stonewain Systems — An EquiLend Company
stonewain.com
Breaking the legacy barrier: A new chapter in securities finance
equilend.com
Trading Apps
tradingapps.com
EquiLend ESG - EquiLend
equilend.com
SECURITIES FINANCE PLATFORM SOLUTIONS
equilend.com
Competitors
EquiLend Competitors
EquiLend also provides a comprehensive securities finance platform called Spire and a distributed ledger technology (DLT) based solution, 1Source, for transaction management. The company continuously expands its offerings, as evidenced by the recent launch of Orbisa securities lending data on the Bloomberg Terminal and strategic partnerships.
Among EquiLend's competitors, Wematch stands out by providing a platform for securities lending and total return swap (TRS) workflows within capital markets.
Wematch's key differentiator is its focus on digitizing dealing processes for both sell-side and buy-side firms, offering a more streamlined approach to these specific financial instruments. While EquiLend offers broader solutions across the entire securities finance lifecycle, Wematch carves out a niche by specializing in these particular workflows, potentially appealing to firms looking for dedicated solutions in these areas.
Horizon Software is another significant competitor, identified as a private equity-backed company based in Paris, France, specializing in financial software. While specific details on its securities finance offerings compared to EquiLend are not extensively detailed, its positioning as a financial software provider suggests it competes for market share in various aspects of financial technology.
Horizon Software likely offers a broader range of financial solutions, whereas EquiLend is highly specialized in securities finance, giving EquiLend a deeper, more tailored expertise in its domain.
Pirum Systems, a private equity-backed company based in London, United Kingdom, also operates in the securities finance space, offering solutions that directly compete with EquiLend's post-trade and lifecycle management services.
Pirum is known for its post-trade automation and reconciliation services, which directly overlap with EquiLend's post-trade suite. Both companies aim to reduce operational risk and improve efficiency in the post-trade environment, with their competitive edge often coming down to integration capabilities, specific feature sets, and client relationships.
Other notable competitors include Vestmark and Broadridge.
Vestmark, although a broader financial technology provider, likely competes in areas such as portfolio management and trading solutions that can interface with securities finance activities.
Broadridge is a well-established player in financial services technology, offering a wide array of solutions including post-trade processing, data and analytics, and regulatory reporting, which directly overlap with many of EquiLend's offerings. Both Vestmark and Broadridge have extensive client bases and robust platforms, positioning them as formidable competitors with a broader suite of services that might appeal to larger institutions seeking integrated solutions.
Sources
Top EquiLend Alternatives, Competitors - CB Insights
cbinsights.com
EquilEnd's Competitors, Revenue, Number of Employees, Funding ...
owler.com
EquiLend Holdings 2026 Company Profile - PitchBook
pitchbook.com
EquiLend - 2026 Company Profile, Team, Funding & Competitors
tracxn.com
FinOptSys
finoptsys.com
Asterisk Networks
asterisknetworks.com
With Trading Apps, EquiLend gets redundancy for NGT but competitors remain active – Finadium
finadium.com
EquiLend – Performance Metrics & Competitor Intelligence – 2026
compworth.com
EquiLend Company Overview, Contact Details & Competitors | LeadIQ
leadiq.com
Banqora
banqora.com
Alternatives
EquiLend Alternatives
Product & Pricing
EquiLend Product and Pricing Intelligence
The pricing structure for EquiLend's Swaptimization service involves an annualized one basis point fee calculated on the daily outstanding notional amount of transactions facilitated through the service. These fees are also billed quarterly [equilend.com/wp-content/uploads/2023/04/EquiLend-Pricing-2023.pdf]. For firms looking to integrate with EquiLend's services, integration options include internet/browser access, FTP, or XML messaging. The timeline and costs for integration are determined after an initial integration study [equilend.com/wp-content/uploads/2023/04/EquiLend-Pricing-2023.pdf].
Recent pricing schedules, such as those from 2024 and 2026, indicate a consistent approach to billing, with quarterly cycles and transaction-based fees for platforms like NGT [equilend.com/wp-content/uploads/2026/02/EquiLend-European-and-Japanese-Pricing-Schedule-2026.pdf]. The EquiLend Spire platform, a state-of-the-art solution for managing global securities finance activities, can be deployed modularly or as a complete front-to-back system, suggesting flexible pricing based on the scope of implementation [equilend.com/services/spire/]. Participation in certain core services with exclusive bilateral pricing requires adherence to specific criteria and rules, including disclosure of the counterparty’s legal name and LEI, ensuring that the counterparty is also a participant [equilend.com/wp-content/uploads/2025/09/76070.pdf].
Hiring & Layoffs
EquiLend Hiring and Layoffs
The company is committed to making its hiring process clear and straightforward, providing an EquiLend Interview Guide to assist prospective employees through the journey [equilend.com/careers/equilend-interview-guide/].
EquiLend also fosters early career development through programs like apprenticeships and an 8-week summer internship program, which offers students the opportunity to contribute meaningfully as part of a team [equilend.com/careers/early-careers/]. This dedication to nurturing talent from early stages suggests a forward-thinking strategy to build a robust and skilled workforce.
While specific layoff information is not available from the provided sources, EquiLend's continued posting of job vacancies and its emphasis on recruiting and retaining talent, including through its dedicated Chief People Officer, Kristin Schroeder, indicates a stable to growing employment landscape within the company [equilend.com/kristin-schroeder/]. The company acknowledges the competitive environment for recruiting talent, stating that
Sources
Current Vacancies - EquiLend
equilend.com
EquiLend Careers
equilend.com
Current Vacancies - EquiLend
equilend.com
Current Vacancies - EquiLend
equilend.com
EquiLend Early Careers
equilend.com
EquiLend Interview Guide
equilend.com
Here's where I stand on talent and our workforce - EquiLend
equilend.com
GDPR - Fair Candidate Processing Notice May 2018
equilend.com
Kristin Schroeder - EquiLend
equilend.com
About - EquiLend
equilend.com
Leadership
EquiLend Management and Leadership Team
Rich Grossi serves as the Chief Executive Officer, taking responsibility for the organization's global leadership and strategic direction since joining in 2024. He brings extensive experience in financial software, spanning operations, technology, product, finance, and organizational management [https://equilend.com/rich-grossi/]. The executive team also includes Paul Nigrelli as Chief Financial Officer and Head of Corporate Strategy, overseeing finance, accounting, and business management, having been with EquiLend since 2002 [https://equilend.com/paul-nigrelli/].
Supporting these key leaders are Laurence Marshall, Chief Operating Officer, who also acts as CEO of EquiLend's EU-based subsidiary and is responsible for global operations and development [https://equilend.com/laurence-j-marshall/].
Ken DeGiglio holds the position of Chief Information Officer, aligning technology vision with business strategy [https://equilend.com/ken-degiglio/]. The product and market-facing strategies are led by Nick Delikaris, Chief Product Officer, who drives global product strategy and innovation [https://equilend.com/nick-delikaris/], and Dan Dougherty, Global Head of Sales, CRM & Marketing, who manages client-facing teams worldwide [https://equilend.com/dan-dougherty/].
Further strengthening the leadership structure are Kazuko Wachter, General Counsel and Corporate Secretary, and Arjun Dev, Global Head of Transformation & India Country Head, who focuses on business transformation and establishing India as a key global center [https://equilend.com/arjun-dev/].
Nancy Allen is the Global Head of Data & Analytics Solutions, responsible for the strategic development and growth of this product suite [https://equilend.com/nancy-allen/]. A recent notable hire includes Kristin Schroeder, who joined in 2025 as Managing Director, Chief People Officer, responsible for global people strategy and operations, having previously served as an Operating Partner, Talent, at EquiLend's private equity sponsor [https://equilend.com/kristin-schroeder/]. This diverse leadership team collectively drives EquiLend's mission to power the global securities finance market.
Sources
About - EquiLend
equilend.com
Rich Grossi - EquiLend
equilend.com
Nick Delikaris - EquiLend
equilend.com
Laurence J. Marshall - EquiLend
equilend.com
Paul Nigrelli - EquiLend
equilend.com
Kristin Schroeder - EquiLend
equilend.com
Ken DeGiglio - EquiLend
equilend.com
Dan Dougherty - EquiLend
equilend.com
Arjun Dev - EquiLend
equilend.com
Nancy Allen - EquiLend
equilend.com
Financials
EquiLend Financial Performance, Fundraising, M&A
EquiLend's financial health is evident in the significant revenues generated within the securities lending sector. In 2025, global securities lending revenue reached a record $15.3 billion, marking a 26% year-over-year growth. This momentum carried into 2026, with Q1 2026 generating $3.84 billion, a 31% increase year-over-year, and January 2026 alone seeing $1.24 billion in revenue. Earlier periods also showed strong performance, with H1 2025 reaching $5.2 billion in revenue, up 9% from H1 2024, and Q3 2025 totaling $3.51 billion, a 41% increase from Q3 2024. Monthly figures further illustrate this growth, with October 2025 at $1.08 billion (up 37% from October 2024), and November 2025 at $958 million (up 23% from November 2024). February 2026 continued this trend with $1.11 billion in revenue, representing a 24% year-over-year increase [https://equilend.com/insight/press-releases/equilend-securities-lending-revenue-soars-to-all-time-highs-of-15-3-billion/][https://equilend.com/insight/press-releases/equilend-global-securities-lending-revenue-reaches-3-84-billion-in-q1-2026/][https://equilend.com/insight/press-releases/equilend-securities-lending-revenue-starts-2026-strong-with-1-24-billion-in-january/][https://equilend.com/insight/press-releases/equilend-securities-lending-revenue-rises-to-5-2-billion-in-h1-2025-up-9-over-2024/][https://equilend.com/insight/press-releases/equilend-q3-2025-securities-lending-revenue-totals-3-51-billion-up-41-from-q3-2024/][https://equilend.com/insight/press-releases/equilend-securities-lending-revenue-totals-1-08-billion-in-october-2025-up-37-from-october-2024/][https://equilend.com/insight/press-releases/equilend-securities-lending-generated-1-11-billion-in-february/][https://equilend.com/insight/press-releases/equilend-securities-lending-revenue-totals-958-million-in-november-2025-up-23-from-november-2024/].
While specific fundraising rounds, valuations, or M&A activities of EquiLend itself are not explicitly detailed in the provided content, the company's consistent reporting of record-breaking securities lending revenues through its DataLend platform indicates a strong market position and robust financial performance. EquiLend's growth is further supported by strategic partnerships, such as alrajhi capital selecting EquiLend as its securities finance technology partner and Delta Capita becoming an implementation partner for EquiLend Spire. The launch of Orbisa securities lending data on Bloomberg Terminal also expands its reach and strengthens its data and analytics offerings [https://equilend.com/insight/press-releases/equilend-launches-orbisa-securities-lending-data-on-bloomberg-terminal/][https://equilend.com/insight/press-releases/alrajhi-capital-selects-equilend-as-its-securities-finance-technology-partner/][https://equilend.com/insight/press-releases/equilend-names-delta-capita-as-an-implementation-partner-for-equilend-spire/].
Sources
EquiLend
equilend.com
EquiLend: Securities Lending Revenue soars to all-time highs of $15.3 Billion - EquiLend
equilend.com
EquiLend: Global Securities Lending Revenue Reaches $3.84 Billion in Q1 2026 - EquiLend
equilend.com
EquiLend: Securities Lending Revenue Starts 2026 Strong with $1.24 Billion in January - EquiLend
equilend.com
EquiLend: Securities Lending Revenue Rises to $5.2 Billion in H1 2025, Up 9% Over 2024 - EquiLend
equilend.com
EquiLend: Q3 2025 Securities Lending Revenue Totals $3.51 Billion, Up 41% from Q3 2024 - EquiLend
equilend.com
EquiLend: Securities Lending Generated $1.11 Billion in February - EquiLend
equilend.com
EquiLend: Securities Lending Revenue Totals $1.08 Billion in October 2025, up 37% from October 2024 - EquiLend
equilend.com
EquiLend: Securities Lending Revenue Totals $958 Million in November 2025, Up 23% from November 2024 - EquiLend
equilend.com
DataLend: Global Securities Lending Revenue Rises 2% Year-Over-Year to $2.29 Billion in Q1 2025 - EquiLend
equilend.com
Partnerships
EquiLend Partnerships, Clients and Vendors
EquiLend's 1Source initiative, built on Digital Asset's distributed ledger technology, has seen significant adoption from major financial institutions.
BNY Mellon, Goldman Sachs, and National Bank of Canada are key launch partners for 1Source, actively executing trades on the platform to boost efficiency and reduce reconciliation breaks EquiLend, the global financial technology, data and analytics company for the securities finance industry, today announced that The Bank of New York Mellon Corporation (“BNY”) (NYSE: BK), a global financial services company, and National Bank of Canada (TSE: NA) began executing trades utilizing 1Source’s distributed ledger technology (DLT) to increase efficiency, reduce breaks, and eliminate reconciliations.. This demonstrates a strong industry push towards a single source of truth for securities finance transactions, supported by many of the world's largest banks and broker-dealers in EquiLend's Digital Transformation Working Group Digital Asset to provide the underlying technology for the new industry-driven 1Source initiative led by EquiLend.
In terms of enterprise clients, alrajhi capital has selected EquiLend as its comprehensive securities finance technology partner, leveraging EquiLend Spire, Post Trade, Data, and Trading solutions alrajhi capital Select.
EFG Hermes has also become EquiLend's first Saudi Arabia-based client to go live on the Next Generation Trading (NGT) platform, adopting full post-trade and trading automation EquiLend Onboards EFG Hermes as First Saudi Arabia-Based Client on NGT Trading Platform - EquiLend. Additionally, EquiLend has partnered with valid8Me to launch Onboard+, an AI-powered platform designed to simplify the onboarding of beneficial owners to securities lending programs EquiLend and valid8Me Announce Strategic Partnership With Launch of Onboarding Platform, Onboard+ - EquiLend. These collaborations underscore EquiLend's commitment to delivering advanced, integrated solutions across the entire securities finance transaction lifecycle.
Sources
alrajhi capital Selects EquiLend as its Securities Finance Technology Partner - EquiLend
equilend.com
EquiLend and Broadridge Collaborate to Streamline Central Clearing of Securities Finance Transactions - EquiLend
equilend.com
EquiLend 1Source Goes Live With BNY and National Bank of Canada. Additional Counterparties to Follow - EquiLend
equilend.com
EquiLend and valid8Me Announce Strategic Partnership With Launch of Onboarding Platform, Onboard+ - EquiLend
equilend.com
DTCC Collaborates with EquiLend & Trax to Advance Securities Financing Transaction Reporting Processes - EquiLend
equilend.com
EquiLend Partners With Stonewain to Offer Fully Integrated Securities Finance Platform - EquiLend
equilend.com
EquiLend Onboards EFG Hermes as First Saudi Arabia-Based Client on NGT Trading Platform - EquiLend
equilend.com
EquiLend Invests in Digital Prime Technologies to Advance Institutional Tokenized-Asset and Digital-Markets Infrastructure - EquiLend
equilend.com
The Next Chapter in Securities Finance: EquiLend 1Source at Launch and Beyond - EquiLend
equilend.com
EquiLend Selects Digital Asset as Distributed Ledger Technology for Securities Finance Market Initiative - EquiLend
equilend.com
Events
EquiLend Event Participations
EquiLend also frequently hosts and participates in webinars, particularly on timely regulatory changes impacting the global securities finance market. A notable example is their "T+1 Transition for Europe and the UK Webinar" held in July 2025, which brought together industry leaders to discuss recommendations and implementation considerations for achieving operational readiness ahead of the 2027 move to T+1 settlement in the EU and UK [equilend.com/insight/t1-transition-for-europe-and-the-uk-webinar/]. This reflects EquiLend's commitment to keeping clients informed and prepared for evolving regulatory landscapes.
Beyond dedicated events, EquiLend consistently provides market commentary and analysis through various publications. Their "Monthly Securities Finance Market Review" offers regular updates on securities finance trends, trading analysis, and commentary from experts like Mike Norwood, Head of Trading Solutions [equilend.com/insight/monthly-securities-finance-market-review-march-2025/]. Additionally, EquiLend publishes
Sources
EquiLend | Leading Global Fintech in Securities Finance
equilend.com
T+1 Transition for Europe and the UK Webinar - EquiLend
equilend.com
EquiLend Client Forum 2025: 5 Roadmap Takeaways You Need to Know - EquiLend
equilend.com
EquiLend T+1 - EquiLend
equilend.com
The Purple Issue 22 - EquiLend
equilend.com
The Purple Issue 21 - EquiLend
equilend.com
Monthly Securities Finance Market Review: March 2025 - EquiLend
equilend.com
The Purple Issue 19 - EquiLend
equilend.com
A Scalable Path to Optimized Clearing in Securities Finance - EquiLend
equilend.com
From Fragmentation to Integration: Rethinking the Securities Finance Lifecycle - EquiLend
equilend.com
Frequently Asked Questions
What do EquiLend's recent hiring patterns, particularly the appointment of a Chief People Officer, indicate about its strategic priorities?
EquiLend's consistent demand for new talent across various departments, coupled with the 2025 appointment of Kristin Schroeder as Chief People Officer, signals a strategic focus on expanding capabilities and retaining talent. This suggests EquiLend is prioritizing a robust and skilled workforce to support its extensive range of solutions, from pre-trade to post-trade and data analytics.
What is the strategic significance of EquiLend's active engagement in client forums and regulatory webinars?
EquiLend's active engagement in client forums, like the EquiLend Client Forum, and regulatory webinars, such as the T+1 Transition webinar, underscores its commitment to client focus and collaborative innovation. These events are crucial for sharing roadmap insights, preparing clients for evolving regulatory landscapes (e.g., T+1 settlement in EU/UK by 2027), and reinforcing its position as a thought leader in securities finance.
How does EquiLend's financial performance in 2025-2026, as measured by global securities lending revenue, reflect on its market position?
EquiLend's financial performance, indicated by global securities lending revenue reaching a record $15.3 billion in 2025 and continuing strong into Q1 2026 with $3.84 billion, demonstrates a robust market position. This significant growth, consistently tracked and reported by EquiLend through DataLend, highlights its pivotal role and strong performance within the global securities finance market.
What does the leadership structure under CEO Rich Grossi signal about EquiLend's operational and strategic focus?
The leadership structure under CEO Rich Grossi, who joined in 2024, includes key roles like a Chief Product Officer, Chief Information Officer, and Global Head of Transformation & India Country Head. This signals a strategic focus on global leadership, technology alignment, product innovation, and expanding international operations, particularly in growth regions like India, to drive the company's mission in securities finance.
How do EquiLend's partnerships, particularly with BNY Mellon and Goldman Sachs on 1Source, position it in the adoption of DLT?
EquiLend's 1Source initiative, built on Digital Asset's DLT and with BNY Mellon and Goldman Sachs as key launch partners, positions it at the forefront of DLT adoption in securities finance. These partnerships, focused on executing trades to increase efficiency and reduce reconciliation breaks, indicate a strong industry push towards a single source of truth for transactions, with EquiLend facilitating this transformation among major financial institutions.
What is the strategic rationale behind EquiLend's flexible product deployment and tiered pricing model for services like NGT?
EquiLend's flexible product deployment, allowing modular or complete front-to-back implementation of platforms like Spire, and tiered pricing for NGT based on transaction volume, reflects a strategy to cater to diverse client needs and scales of operation. This approach aims to maximize client adoption by offering adaptable solutions and a cost structure that scales with usage, supporting business growth across its client base.
What do EquiLend's integrations and partnerships with firms like Broadridge, DTCC, and Trax indicate about its strategic direction?
EquiLend's integrations and partnerships with firms like Broadridge, DTCC, and Trax, particularly to enhance straight-through processing for central clearing and advance securities financing transaction reporting, indicate a strategic direction focused on industry-wide standardization and automation. These collaborations are crucial for streamlining processes, improving regulatory compliance, and driving efficiency across the broader securities finance ecosystem.
What is the competitive implication of EquiLend launching Orbisa securities lending data on the Bloomberg Terminal?
The launch of Orbisa securities lending data on the Bloomberg Terminal is a strategic move by EquiLend to expand its reach and strengthen its data and analytics offerings. This action enhances its competitive edge against firms like Vestmark and Broadridge by making its proprietary market insights more accessible to a wider institutional audience, thereby solidifying its position as a leading data provider in securities finance.
How does EquiLend's engagement with alrajhi capital and EFG Hermes reflect its go-to-market strategy?
EquiLend's engagement with alrajhi capital as a comprehensive technology partner and EFG Hermes becoming its first Saudi Arabia-based client on NGT, adopting full post-trade and trading automation, reflects a targeted go-to-market strategy. This involves securing key regional clients and providing integrated solutions (Spire, Post Trade, Data, Trading, NGT) to expand its footprint in strategic emerging markets and reinforce its value proposition as a holistic securities finance provider.
What does EquiLend's investment in Digital Prime Technologies signify for its future product roadmap?
EquiLend's investment in Digital Prime Technologies to advance institutional tokenized assets and digital markets infrastructure signifies a clear direction towards integrating digital assets into its future product roadmap. This move indicates a proactive strategy to adapt to evolving market structures and potentially offer solutions for tokenized securities lending, broadening its technological capabilities beyond traditional securities finance.
How does EquiLend's focus on solutions like Spire and 1Source differentiate it from competitors like Wematch and Pirum Systems?
EquiLend's focus on comprehensive solutions like the modular Spire platform for front-to-back securities finance and 1Source for DLT-driven transaction reconciliation differentiates it by offering a broader, integrated ecosystem. While competitors like Wematch specialize in specific workflows and Pirum in post-trade automation, EquiLend aims to power the entire transaction lifecycle, providing a more holistic and technologically advanced solution for its clients.
Powered by ForesightIQ · Competitive intelligence from digital exhaust