Sharegain announces strategic alliance with J.P. Morgan
Sharegain, a leading B2B securities lending fintech, announced a strategic alliance with J.P. Morgan’s Securities Services business.
Sharegain Ltd.’s SLTech solution will enable J.P. Morgan to enhance its securities agency lending offering by making it more accessible to new wealth managers and online broker participants. This collaboration adds another global custodian to Sharegain’s growing roster of clients in APAC, Europe, and the Middle East.
Harpreet Bains, Global Head of Product Management, J.P. Morgan’s Agency Securities Finance division said “This exciting collaboration enables J.P. Morgan to address the growing needs of the aggregator segment, which is increasingly searching for scalable solutions to offer securities lending to their end customers without the time and cost burden of implementing complex technology. Connecting our best in breed technology and global distribution capabilities to Sharegain’s SLTech solution allows clients to monetize a new and substantial pool of attractive lending supply and addresses the complexities requiring consideration when aggregators expand their offering to include securities lending.”
Boaz Yaari, CEO & Founder of Sharegain, said, “We are thrilled to partner with the great team at J.P. Morgan to deliver a fully digital securities lending solution to its customers. This strategic alliance represents another validation of Sharegain’s industry-leading technology and expertise. It also underscores the power of innovation as a catalyst to democratization and inclusion in capital markets.”