Joakim Hakansson, Chief Dealer, Bond & Equity Finance, Handelsbanken Capital Markets said âPerformance Explorer is already providing a return on investment (ROI) by enabling us to accurately price new equities we are lending as well as better managing the performance of our programme. Using Performance Explorer and Transaction Explorer together is a very powerful trading combination, and indispensable in todayâs marketsâ.
Julian Pittam, Managing Director of Performance Explorer said, âWe are delighted to welcome Handelsbanken Capital Markets to Performance Explorer. They are the first bank in the Nordic region to do so and are leading the way in the rapidly growing Scandinavian marketâ.
Performance Explorer is a secure, web-based service that allows participants to increase securities lending performance and profitability by comparing individual results against the aggregated data of a broad, customizable universe of industry peers. Results are viewable at program, portfolio, asset class, and security and transaction level. Data is provided exclusively by Performance participants and includes beneficial owners, asset managers, agents and principal borrowers. All customer data is kept confidential and anonymous. Currently, Performance Explorer collects aggregated data on more than 1.8 million daily securities lending transactions for over 190,000 securities and more than 20,000 portfolios. Recent figures compiled by the service indicated total lendable assets at over $11.5 trillion and total on-loan balances at more than $2.5 trillion.