Provable Markets

Today, Provable Markets is excited to announce the successful, real-time novation of a pre-existing bilateral transaction into The Depository Trust & Clearing Corporation (DTCC) National Securities Clearing Corporation’s (NSCC) Securities Financing Transaction (SFT) Clearing Service, leveraging Provable Markets’ Alternative Trading System (“ATS”), Aurora. #Fintech #SecuritiesFinance Please read the full press release here: https://lnkd.in/g9q2838W

Today, we take a moment to commemorate and pay tribute to those who were lost on September 11, 2001, a date that underscores the fortitude, bravery, and solidarity that arose from profound disaster. As we ponder that day, let us also recognize the remarkable valor of first responders, medical personnel, and everyday individuals who came together in assistance. Their altruism exemplifies the resilience of the human spirit. In our careers, let us adopt the principles of compassion, teamwork, and perseverance, aiming to build nurturing environments and communities. May we forever remember and pay homage to the sacrifices made on 9/11. #NeverForget #911Remembrance

While the trend of securities finance and collateral vendors hiring experienced bank staff as SMEs has been going on for years, it seems like 2024’s momentum has hit a new high. We hear an excitement by senior professionals about the roles they are taking on. Here’s what people at GLMX - Access, Automate, Analyze, Provable Markets and Pirum are saying about the current environment. More on #finadium: https://lnkd.in/e88kmzqD

Matthew Cohen, Chief Executive Officer, Provable Markets, spoke about choosing between OCC and The Depository Trust & Clearing Corporation (DTCC) as a securities lending CCP at the Finadium Investors in Securities Lending Conference, New York City, May 8-9, 2024. More on #finadium: https://lnkd.in/eqMaybbd

We held a webinar on June 12 with six leading vendors in the space to wrap up our Q2 2024 series on securities finance execution platforms. This followed our May 2024 survey of users and a FISL conference panel. The webinar was fascinating, especially for commentary from the vendors on the need for Order Management Systems (OMSs) and projections for the development of liquidity in electronic securities finance. HQLAᵡ, Wematch.live, Provable Markets, EquiLend, Tradeweb, GLMX - Access, Automate, Analyze More on #finadium: https://lnkd.in/e5y9wCEa

We are hiring! Developer Operations Engineer / New York Provable is modernizing decades old infrastructure in the traditional capital markets by bringing together the brightest minds in engineering and finance. We are seeking experienced Developer Operations Engineers to assist our existing team in expanding the quality, reliability, and performance of our platform. If you are interested please click the link below: https://lnkd.in/ejUd2sEZ

Today, we are pleased to announce the closing of our Series A investment round, led by Dialectic Capital Management, and the continued support of Anthemis Group and Inkef. The success of this round was due in part to the incredibly hard work of our teams at both Provable Labs and Provable Markets, and all of those in the industry who've been incredibly generous to us with their time, feedback, and insights. We have come a long way in a very short period of time. The funds raised will support us in our next phase of growth as we continue executing on our long term goal of building not only an enduring value added market utility for Securities Finance, but long lasting relationships with our clients, partners, and the rest of the ecosystem. We are incredibly grateful for the support of everyone on our journey thus far, and excited for what is to come! Read the full release here: https://lnkd.in/eTmF23c5

Central Clearing and the future of Sec Lending market structure… How will it affect you? Please join Provable Markets CEO Matthew Cohen (TWICE!!!) on May 9th at the 8th Annual Finadium Investors in Securities Lending Conference in New York City! #FISL #Fintech #SecuritiesFinance Afternoon break-out session –  The evolution of central clearing for securities loans 2:00pm – 2:45pm, May 9, 2024, The Hub @ Convene Routes to market: how should securities loans be traded and settled 3:30pm – 4:15pm, May 9, 2024, The Forum @ Convene Click here to learn more and register now.   https://lnkd.in/ePviDwrf

Excited to have RQD* Clearing join the Provable Markets community! Look forward to fostering automation and market structure improvements together to bring meaningful change to market infrastructure 🙌 🤝 #partnership #collaboration #securitieslending #marketstructure #automation #fintech #teamwork

Thrilled to have you on the Team, Jordana Parker!