CIBC Mellon Global Securities Services Co. has selected EquiLend to automate its securities lending operations.

“EquiLend’s best in-class solutions will facilitate greater connectivity with our securities borrowers, positioning us to continue to deliver superior returns to Canadian securities lenders,” says James Slater, senior vp and head of capital markets, CIBC Mellon. “

“We are very pleased to welcome CIBC Mellon to our client roster,” said Brian P. Lamb, chief executive officer, EquiLend. “This partnership highlights our dedication to providing robust, relevant securities finance solutions to the Canadian marketplace.”

CIBC Mellon is 50-50 jointly owned by CIBC and The Bank of New York Mellon Corp.