Sharegain, a prominent B2B securities lending fintech, has established a joint venture with J.P. Morgan’s Securities Services division.
J.P. Morgan will be able to improve its securities agency loan product by making it readily available to additional wealth managers and online broker participants through Sharegain SLTech solution.
The collaboration adds another global custodian to Sharegain’s growing client portfolio 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.’’
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