Markit Sec Finance Data to Back New Eze Locate Tool

Eze Locate, a stock lending analysis and optimization tool available within Eze Software Investment Suite, will now utilize Markit's securities finance data.

Rob Keller, Eze Software Group.

By incorporating Markit information, the new tool will provide Eze hedge fund clients a streamlined process and independent source for validating stock lending quotes, providing borrow cost, and availability information for global securities.

The tool can be used by these buy sides for a variety of purposes: to validate or benchmark stock lending fee quotes, verify stock loan rebates, benchmark equity finance quotes from their prime broker against aggregated lending fee data — allowing them to s