Fully Paid Lending: Turn Idle Client Assets into New Revenue
Equilend's Fully Paid Lending solution aggregates fully paid securities across investor accounts in real-time, schedules available inventory to market, and manages the complete lending lifecycle from trade capture through settlement and earnings. Built on the Spire platform for retail brokers and wealth managers looking to generate incremental revenue from assets already on their books.
Manual fully paid lending programs can't keep pace with retail growth
Untapped inventory potential
Retail brokers and wealth managers hold vast pools of fully paid securities across thousands of individual investor accounts. Left unaggregated, that inventory can't be evaluated for lending, priced, or made available to the market, which means it earns nothing for the firm or the client who owns it.
A connected lending workflow
Turning that inventory into a working lending program means solving several operational problems at once: aggregating positions to a security level across accounts, scheduling what can safely go to market, capturing trades against street-side demand, settling them, and distributing earnings back to the underlying account holder. Handling each step manually, or stitching together separate systems for each one, slows a program down and limits how much of the available book actually gets lent.
Real-Time
Inventory aggregation at the security level
Agent Lender Agnostic
Connect to the agent lender of your choice
End-to-End
Manage the complete securities lending lifecycle on one platform
Why retail brokers & wealth managers choose Equilend Fully Paid Lending
Scheduled market availability
Automated and manual trade capture
End-to-end settlements
Built-in accounting and accruals
One ecosystem, not a point solution
See Fully Paid Lending in action
Watch how a connected fully paid program runs.
How firms leverage Fully Paid Lending
Aggregating inventory across wealth management accounts
A retail broker consolidates fully paid securities held across thousands of individual investor accounts into a single, real-time, security-level view, so the lending desk can see exactly what is available without manual reconciliation.
Scheduling inventory to market with a safety buffer
Operations teams schedule a defined percentage of available inventory to the market, holding back a configurable buffer to cover client redemptions and trading activity, then adjust the schedule as balances change.
Capturing trades through NGT and manual entry
Trades against scheduled inventory are captured automatically through Equilend's NGT trading platform for street-side counterparties, with manual entry available for activity that falls outside the automated flow.
Distributing earnings back to investor accounts
Once a loan generates revenue, the accrual engine calculates earnings and the reporting suite produces client confirmations and earnings statements for distribution back to the underlying account holder.
Part of the wider Equilend ecosystem
Fully Paid Lending is built on the Spire platform and connects directly to Equilend's Trading, Post-Trade & Regulatory, and Data & Insights solutions. Trade capture runs through NGT, so the same infrastructure that powers your fully paid program also supports the rest of your securities finance operation.
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Key features and product capabilities
Feature
Description
Real-time inventory aggregation
Aggregates fully paid securities across underlying investor accounts into a single, real-time, security-level view of available inventory.
Scheduled market availability
Schedules inventory to the market with a configurable buffer percentage to protect against redemptions and trading activity.
Automated and manual trade capture
Captures trades automatically through NGT or manually, covering the full range of lending activity in one workflow.
Settlements stack
Manages the settlement of lending transactions from execution through completion.
Accounting, accruals and reporting
Calculates and accrues lending revenue as it's earned, and produces client confirmations and earnings statements for distribution back to account holders.
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Frequently asked questions
What is Fully Paid Lending?
Fully Paid Lending is Equilend's Spire-based solution for lending fully paid securities held in retail and wealth management accounts. It aggregates inventory for the lending market while allocating loans at the individual retail account level, providing a real-time, security-level view of available inventory, and managing the entire lending lifecycle, from trade capture through settlement and earnings.
Who is Fully Paid Lending built for?
It's built for retail brokers, wealth managers, and asset managers who want to generate incremental revenue from fully paid securities already sitting in client accounts, without adding manual operational overhead.
How does Fully Paid Lending capture trades?
Trades are captured automatically through Equilend's NGT trading platform for street-side activity, with manual entry available for activity outside the automated flow.
How does Fully Paid Lending connect to the rest of Equilend's platform?
It's built on the Spire platform and connects to Equilend's Trading, Post-Trade & Regulatory, and Data & Insights solutions, so the fully paid program shares infrastructure with the rest of your securities finance operation rather than running as a separate system.
How is lending revenue calculated and reported back to clients?
A built-in accounting and accrual engine calculates lending revenue as it's earned, and the reporting suite produces client confirmations and earnings statements for distribution back to the underlying account holder.
Connecting
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