Financial technology provider FIS has launched its Securities Finance Matching Platform in the US after completing regulatory requirements with the SEC. The platform, already in use in the UK since 2024, offers automated securities matching for broker-dealers, aiming to streamline transactions and reduce operational risk.
Securities finance is under increasing pressure as trade volumes grow and margins tighten. Many broker-dealers rely on manual processes or a limited number of service providers for matching securities loans and borrows. FIS’ platform introduces an additional option, using automation to evaluate factors such as fees, capital requirements, transaction costs, and counterparty trading patterns.
By reducing manual intervention and optimising trade matching, the platform is designed to lower costs and improve processing speed, claims FIS. The addition of another matching provider to the market could also help reduce dependence on single points of failure in securities financing.
Global expansion
The US launch follows FIS’ earlier rollout of the platform in the UK, reflecting the company’s broader push into securities finance technology. The platform is available in the US through FIS Brokerage & Securities Services LLC, a registered member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC).
