Equilend gives collateral teams one place to manage tri-party exposure, reconcile across collateral types, and release loans sooner. Submit RQV figures to your tri-party agents, investigate discrepancies down to the account level, and move collateral before it becomes a fail. Built for the people managing collateral every day.
Challenge 1
Collateral teams managing required value figures across multiple tri-party agents manually, face delays and data risk on every cycle.
Submitting RQV figures manually across tri-party agents means each collateral cycle depends on someone keying numbers into separate screens. Errors go undetected until a discrepancy surfaces, and coverage delays push back loan release. A centralized RQV workflow with straight-through processing and automated reconciliation removes manual entry from the critical path.
Challenge 2
When RQV figures are not matched and reconciled in real-time, the default is to post more collateral than the position requires
Overcollateralization is a risk-management habit built on a data gap. Teams maintain a buffer because they cannot quickly see what they actually owe across collateral types and accounts. Real-time market-value comparison between cash and non-cash collateral at the counterparty, legal-entity, and collateral-type levels closes that gap. Teams post the right amount rather than a cushion, freeing up inventory to work elsewhere.
Challenge 3
When market values diverge between cash and non-cash collateral, the challenge is to identify the source before it becomes a CSDR penalty.
A difference can sit at the counterparty level, the legal-entity level, or the collateral-type level, and chasing it by email or phone takes hours that the settlement timeline does not allow. Granular contract comparison showing discrepancies by counterparty organisation, legal entity, and collateral type gives teams the details to resolve breaks before settlement and avoid CSDR penalty exposure.
Challenge 4
Two sides, two records, one set of breaks. The effort goes into repairing differences that the structure keeps regenerating.
Most collateral and settlement breaks exist because the lender and borrower maintain separate records of the same lifecycle event. Teams spend time each day repairing differences that the structure keeps regenerating. A shared trade-lifecycle record, where both sides operate on the same data in real time, prevents mismatches from surfacing as breaks.
Collateral management solutions across the Equilend platform.
Exposure Management centralizes required value (RQV) submission and reconciliation across your tri-party agents. Compare market values across collateral types down to the account level, investigate discrepancies in a single screen, and get intraday updates on collateral coverage. Faster reconciliation means earlier loan release and less exposure to CSDR penalties.
NGT carries non-cash collateral terms in the trade negotiation itself, so collateral details are agreed and recorded as the trade is booked. With 145+ firms trading across 50+ markets on NGT daily, collateral teams work from synchronized trade data rather than reconstructing it after execution.
Data & Insights gives collateral and funding teams global securities finance data sourced from Equilend's ecosystem. Leverage the data to benchmark rates, understand collateral demand across asset classes, and bring market context to funding and collateral allocation decisions.
1Source is a distributed-ledger record of truth for securities finance transactions, built on the Canton Network. Borrowers and lenders operate from the same trade-lifecycle data in real-time, removing the lifecycle event mismatches that cause collateral and settlement breaks before they happen.
145+
Firms trading on NGT every day
$230B
Daily average Notional
226,000+
Unique securities
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See how Equilend platform efficiently enables collateral coverage and reduce settlement fails, with a demo built around your setup.
Collateral management is the process of agreeing, posting, reconciling, and adjusting the collateral that secures securities lending and repo transactions. It covers tri-party required value (RQV) submission, market-value comparison across cash and non-cash collateral types, settlement instruction management, and resolving discrepancies before they cause fails or regulatory penalties.
Exposure Management centralizes RQV submission and reconciliation across tri-party agents. Collateral teams submit required values via straight-through processing or the UI, compare market values across collateral types down to the account level, and investigate discrepancies in a single screen. That speeds collateral coverage and brings forward loan release.
Most CSDR penalties come from breaks that surface too late in the settlement cycle. Pre-matching trade and collateral details earlier, reconciling market values across collateral types, and resolving settlement instruction mismatches ahead of settlement give teams the time to fix breaks before they fail. Equilend Recalls, Returns, and Settlement Monitor, support this workflow.
Common causes include mismatched trade details, late recall or return processing, and incorrect settlement instructions, which account for roughly 30% of settlement fails. Validating and centralizing settlement instructions, pre-matching trade data, and synchronizing lifecycle records across counterparties all reduce fail rates. Equilend's SSI repository and Settlement Monitor address each of these directly.
Equilend Unified Comparison reconciles open contracts and non-cash collateral in real time, across more than 2 million trades daily. 1Source goes further by giving borrowers and lenders a single shared trade-lifecycle record on the Canton Network, removing lifecycle event mismatches before they cause a break. Both are available as part of the Equilend platform.
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