Guido Stroemer
CEO and Co-Founder
HQLAᵡ
The startup provides liquidity and collateral management services for the global securities lending and repo markets through a standardized digital marketplace. This platform enables banks and asset managers to execute real-time ownership transfers of securities with reduced systemic risks and without physical movement, while regulators benefit from enhanced transparency via digital collateral receipt tracking.
- Blockchain & Cryptocurrency
- Enterprise Software
- Financial Technology
- Software Only
Updated 21 months ago
Funding
Raised to date
$42.9MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Funding rounds are not available yet.
Founders
Product
Problem
Inefficient collateral management within the securities lending and repo markets results in significant costs for Tier 1 participants due to fragmented custody networks and challenging interoperability. Cross-custody movements consume intraday liquidity and create settlement risks. Imprecise settlement timings limit mobility, create risk, and lead to the need to buffer positions, creating opportunity costs.
Solution
HQLAx provides a platform that leverages Distributed Ledger Technology (DLT) to enable frictionless, precise, and real-time transfer of ownership of securities. By decoupling ownership transfer from the physical movement of assets, the platform allows firms to specify the exact point in time collateral should be exchanged across disparate collateral pools. This removes the need for cross-custody movement of ISINs, reduces settlement failures, and eliminates mismatched transfers. The platform aims to improve collateral mobility and reduce the costs associated with inefficient collateral management.
Target Audience
The primary customers are banks and asset managers active in the global securities finance and repo markets.
Features
- Distributed Ledger Technology (DLT) based platform for securities lending and repo markets
- Real-time transfer of ownership of securities without physical movement
- Precise specification of collateral exchange timing
- Facilitates seamless transfer of ownership across disparate collateral pools
- Reduces cross-custody movement of ISINs