Goldman Sachs is using Equilend 1Source, a distributed ledger platform for securities lending and financing transactions, Equilend announced on October 28, 2026. Goldman joins BNY and National Bank of Canada on the platform.

Key Takeaways

  • BNY and National Bank of Canada began executing trades using 1Source in October 2025.
  • Equilend says additional counterparties are in the process of adopting the platform.

Equilend 1Source adoption

Equilend said Goldman Sachs, which it described as one of the securities lending industry’s largest borrowers, is utilizing 1Source. The announcement did not specify when the firm began using it or provide transaction volumes.

Goldman was already identified as a launch partner in Equilend’s 2025 rollout outline, which said the bank, BNY and National Bank of Canada were onboarding their U.S. books. BNY and National Bank of Canada began executing trades using the platform in October 2025.

How the shared ledger is intended to work

The platform is designed to provide a shared record of securities lending and financing transactions, rather than requiring counterparties to reconcile separate records. Equilend says it aims to reduce transaction discrepancies and associated operational costs.

Equilend said other counterparties are adopting 1Source, but did not name them or give a timetable. It did not disclose measured savings from Goldman’s use of the platform.

Read More News

More FinanceVelix news

Disclaimer

This FinanceVelix article provides general information, not personalized financial, investment, legal, or tax advice. Market prices, interest rates and economic conditions can change; investments carry a risk of loss. Facts reflect the material available when published and may change. Check important information independently and consult a qualified professional when needed. Mentioning an asset, company, or service is not an endorsement.