NOVA SBL

Stock lending and borrowing, also known as securities lending, is a financial mechanism where you allow another party—typically a financial institution—to temporarily borrow stocks that you already own. In return, you receive a fee for this arrangement. Think of it as “renting” out your stocks for institutions or other parties to use. NOVA Stock Borrowing & Lending module supports the broker in lending their own stock and borrowing stock to support their market making operation or to reduce failed settlement. Stock Loan transactions are entered as stand-alone transactions with only Principal trades – between an internal, house book and the market, being supported. The SWIFT messaging for reporting SBL transactions for settlement is highly automated with the settlement revaluation and return all being processed on the back of messages received from Stock exchanges (e.g.: Euroclear UK & Ireland system, CREST).

Features

SBL Features

Benefits

End-to-End STP to reduce manual workload

Real-time APIs to automate SBL processing

Improve Operational Efficiency

with automated Straight-Through Processing and multi tier architecture

Scalable & Future-Ready

with multi tier architecture enabling load balancing and increased security

Strong Clearing & Settlement

ecosystem with direct interface with all major CSDs across APAC

Reduce Cost

operate more efficiently, and minimise risk with cloud-hosted infrastructure

Lower Security Risks

multi tier architecture that isolates critical data under several encrypted layers

Improve Compliance

to ever-evolving regulatory requirements across multiple jurisdictions

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