Goldman Sachs Joins EquiLend’s Securities Finance DLT…
By Rick Steves
AI summary of the source article
Goldman Sachs has joined EquiLend’s 1Source distributed-ledger platform for securities finance, joining existing participants BNY and National Bank of Canada. The platform provides a shared transaction record to reduce reconciliation and operational breaks.
Why it matters
EquiLend CEO Rich Grossi said Goldman's participation should "increase benefits across the platform community by reducing costs and improving efficiency."
Key facts
- Goldman Sachs joined EquiLend's 1Source distributed-ledger platform for securities finance.
- BNY and National Bank of Canada began transmitting live transactions to the 1Source ledger in October 2025.
- The 1Source platform is designed to automate workflows, improve settlement rates, and reduce reconciliation breaks.
Source excerpt · FinanceFeeds
Goldman Sachs has joined EquiLend’s 1Source distributed-ledger platform for securities finance, adding a major borrower to a network already used by BNY and National Bank of Canada. EquiLend says the platform creates a shared record of securities lending and financing transactions to reduce reconciliation and operational breaks. The company announced Goldman’s participation in a press release .Equ…