eSecLending is a global securities lending manager and a leading provider and administrator of customized securities lending programs. Its programs attract some of the world's largest and most sophisticated asset gatherers, including pension funds, mutual funds, investment managers and insurance companies. Over the past six years, the company has auctioned over US$1 trillion in assets and has achieved significant growth in its client base, lendable assets, assets on loan and assets under management. The firm awards principal securities lending business through a competitive auction process that has provided clients with higher returns compared to traditional program structures and improved transparency and objective criteria upon which to make decisions. eSecLending maintains offices in Boston, London and Burlington, Vermont. Securities Finance Trust Company, an eSecLending company, performs all regulated business activities.