By Chris Kentouris, Senior International Editor

Iris Financial Solutions' Michele McGovern (CEO) was recently quoted in this industry landscape regarding how the demands for greater disclosure are altering the securities lending marketing:

"On the demand side there is continued growth in the hedge fund sector, where strategies such as statistical arbitrage and long-short depend on securities lending, the majority of which is effected through the hedge funds' prime brokers," says Michele McGovern, chief executive of Iris Financial Solutions, a London-based trading and risk management software vendor that will release a securities lending recordkeeping package next year.

"Supply is also expanding as more institutional investors seek to take advantage of the revenue generating opportunities securities lending offers".

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