Jun 5, 2026 · 33 min · 10 segments
The **Securities Finance Association** is pleased to share the latest episode of **ASIA SECURITIES FINANCE MONTHLY**, hosted by **Matt MacArthur** and exclusively sponsored by **EquiLend**. In this…
Matt MacArthurHost
Minh TuGuest
Tony CamerataGuestBen BurnsGuest
Andy McArdle
We begin with one of the absolute legends of securities finance, Mark Faulkner from Credit Benchmark.

Matter of fact, and this is the absolute truth, to me, you've always been like Kaiser Sosa, existing only in myth form.

Now, the reason I say that is for those who don't know, Mark started Data Explorer, what, 30 years ago, which was the beginning of the data revolution in our business.
We moved into the risk management business and finally we got into the data business.
One of the things that I'm so proud of is that that business exists today still.
and that some of the people that we work with during the establishment of Data Explorer is still at a senior level involved in SB Securities Finance, which is the new home for the old Data Explorers.

Now, Credit Benchmark is basically a one-stop shop for all credit rating needs.

You take an aggregated rating from almost 50 sources and put it on a silver platter for your clients.
Yeah, I mean, what we do over the course of the 10 years that we've been working on this initiative is to securely aggregate the views of the credit specialists that work at some of the largest banks in the world.
And we create a consensus credit rating, which represents the views of banks with skin in the game, with the credit worthiness of the counterparts and our obligors that they lend money to and our rate exposure and credit perspective.
It has never been more useful to understand what the world's largest banks think about credit worthiness.
Just look at the way in which private credit, unlisted credit, is coming to the fore it's been really exciting to see how insightful and useful this data set has become

now talk to me in terms of industry trends anything that we should be aware of
Well, sad though it may be for me to admit in public, I, like many of the people in the industry, have been poring over the recent US end game consultation due back by the 18th of June.

We begin with one of the absolute legends of securities finance, Mark Faulkner from Credit Benchmark.

Matter of fact, and this is the absolute truth, to me, you've always been like Kaiser Sosa, existing only in myth form.

Now, the reason I say that is for those who don't know, Mark started Data Explorer, what, 30 years ago, which was the beginning of the data revolution in our business.
We moved into the risk management business and finally we got into the data business.
One of the things that I'm so proud of is that that business exists today still.
and that some of the people that we work with during the establishment of Data Explorer is still at a senior level involved in SB Securities Finance, which is the new home for the old Data Explorers.

Now, Credit Benchmark is basically a one-stop shop for all credit rating needs.

You take an aggregated rating from almost 50 sources and put it on a silver platter for your clients.
Yeah, I mean, what we do over the course of the 10 years that we've been working on this initiative is to securely aggregate the views of the credit specialists that work at some of the largest banks in the world.
And we create a consensus credit rating, which represents the views of banks with skin in the game, with the credit worthiness of the counterparts and our obligors that they lend money to and our rate exposure and credit perspective.
It has never been more useful to understand what the world's largest banks think about credit worthiness.
Just look at the way in which private credit, unlisted credit, is coming to the fore it's been really exciting to see how insightful and useful this data set has become

now talk to me in terms of industry trends anything that we should be aware of
Well, sad though it may be for me to admit in public, I, like many of the people in the industry, have been poring over the recent US end game consultation due back by the 18th of June.
The rest of this transcript — segmented and speaker-labeled, so you land on the exact moment something was said
Search every transcript — by keyword, by phrase, or by meaning, across every show Radar indexes
Trends — what is surging across podcasts, measured against its own baseline
Alerts — when a name you follow appears in a newly indexed episode
No account is needed to search Radar.