Fidelity National Information Services, Inc. has launched its new automated matching and execution platform for securities finance trades in the UK. The Securities Finance Matching Platform uses smart automated matching technology to facilitate secure, scalable and cost-effective straight-through processing of securities finance trades. The innovative cloud-native solution seeks to bolster resilience by providing a brand-new enhanced route to market that mitigates single-point-of-failure risk.

With increasing volumes and tightening margins in the securities finance market, higher levels of automation are crucial for both lenders and borrowers of all sizes, who are looking to drive down costs and increase efficiency. FIS' new Securities Finance Matching Platform aims to address these challenges by delivering the most economic match swiftly, accurately, and securely. The automated solution identifies the best-match scenario by automating the evaluation of multiple factors involved in securities trading including fee or rebate rate, capital requirements, transaction and reporting costs, as well as counter-party trading patterns.

These enhanced capabilities seek to help customers to achieve the possible depth and liquidity in the market, all while enhancing risk management by mitigating single-point-of- failureure risk. The solution, the newest component of the FIS Securities Finance and Collateral Management product suite, is swiftly gaining interest among financial institutions, with many UK clients expected to come on board in the coming months. Non-UK institutions will be able to join the Platform with the planned expansion into EU and U.S. markets, pending additional regulatory approvals.