Automatic Approval by Custodians when Undertaking Securities Lending

Optional

Greater agility and flexibility in securities lending

B3’s Securities Lending Platform (BTB) is constantly being improved and will feature a new functionality to automate and speed up custodian approval processes.

To this end, we created a dedicated screen where custodians can register the conditions for automatic approvals, both at the client document level and at the executing participant level.

The functionality will be available for electronic registration and trading in the securities lending contracting process.

Project Tags:

Listed

In Progress

Securities Lending

Clearinghouse

Product benefits

Flexibility

To register only certain client documents for automatic acceptance.

Speed

By eliminating manual approval phases for previously registered clients and participants.

Accuracy

With the possibility of segregating automatic approvals by equity or fixed income asset class.

Learn more

Customization by client and participant facilitates automatic approvals on the BTB Platform.

The new registration screen will allow custodians to define the automatic approval conditions, while meeting their operational needs:

Client level: Register automatic approvals linked to specific client documents.
Participant level: Set up automatic approvals for offers from specific executing participants.
Segmentation by category: Define separate rules for transactions involving equity and fixed income categories.