17a-4 Surpasses $2 Billion on Fully Paid Lending Platform
Summary
17a-4 says its Fully Paid Securities Lending administration platform now manages a daily average of $2 billion in collateral. The company positions the platform as compliance software for broker-dealers and custodian banks operating under SEC and FINRA rules. It highlights automated valuation, reconciliation, regulatory reporting, secure data integration, and audit documentation. The update also emphasizes growing interest in fully paid lending as retail participation expands and operational complexity increases. This milestone suggests continued adoption of the platform in securities lending and collateral administration workflows.
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