Alrajhi Capital partners with EquiLend to transform Saudi securities finance

alrajhi capital has chosen EquiLend as its technology partner for securities finance. The Saudi firm aims to build a more efficient and scalable business using EquiLend’s full product suite. The partnership marks a significant step for the region’s growing securities lending market. EquiLend will provide alrajhi capital with a complete end-to-end solution. This includes EquiLend Spire, Post Trade, Data and Trading tools. The move is expected to enhance operational capabilities and broaden market access while maintaining service excellence.

Hossam E. Al Basrawi, CEO of alrajhi capital, called the partnership a key step in strengthening market infrastructure. He added that it will deliver sustainable value to clients and participants. Mohammed Alkassem, Head of Securities Services, stated the collaboration would expand lending capabilities and drive future growth.

Simon Heath, Chief Strategy Officer at EquiLend, noted the growing recognition of strong technology in Saudi Arabia’s securities lending potential. Rich Grossi, CEO of EquiLend, expressed delight at the partnership and highlighted the increasing importance of securities finance in the Middle East. Dimitri Arlando, EquiLend’s Head of EMEA Sales, praised alrajhi capital’s careful approach in selecting a technology partner.

Abdullah Alghamedi, Director of Custody & Securities Services at alrajhi capital, emphasised the benefits of improved operational efficiency and market reach. The firm also aims to offer a seamless, secure, and Shariah-compliant financing experience for its clients. The partnership will see alrajhi capital adopt EquiLend’s technology to upgrade its securities finance operations. It is expected to improve infrastructure, client services, and market access. The agreement reflects the rising demand for advanced financial technology in the Middle East.