eSecLending works closely with the client's custodian and administrator to establish detailed written operational procedures for all securities lending transactions. Our primary form of communication with custodians and borrowers is via electronic transmission. eSecLending recognizes the importance of a seamless implementation process for our clients' lending programs and we pride ourselves on providing a smooth transition that requires minimal client involvement.

Prior to auction day, eSecLending’s Trading team works with each client to develop the auction strategy while marketing the portfolios to the approved borrower community. Once award decisions are made following an auction, we have a dedicated middle-office team that manages all components of the program transition and implementation. During the implementation phase, eSecLending ensures that all system interfaces and operational links between the custodian(s), investment manager(s), and borrower(s) are tested and ready for the program “go live” date.