June 23, 2020 — Credit Benchmark are proud to support the Global Peer Financing Association (GPFA), a new association recently formed by a group of beneficial owners to create a more efficient way of engaging in peer-to-peer (P2P) securities financing transactions.
Four leading pension plans, California Public Employees’ Retirement System (CalPERS), Healthcare of Ontario Pension Plan (HOOPP), Ohio Public Employees Retirement System (OPERS), and State of Wisconsin Investment Board (SWIB) along with eSecLending, Osler, Hoskin & Harcourt LLP and Credit Benchmark, have come together to create the Global Peer Financing Association (GPFA). The shared goal of the GPFA is to create a more efficient and actionable way to increase and encourage peer-to-peer trading activity in the securities lending and repo markets for the benefit of asset owners.
Credit Benchmark are delighted to support the GFPA with unique consensus credit risk data that helps facilitate business between hitherto unrated funds and counterparts.