Team members involved:
Pirum is the leading provider of post-trade market infrastructure technology for the global securities finance industry. Founded in 2000, Pirum’s multi-tenanted SaaS platform provides a secure, centralised processing hub for securities finance transactions, enabling complete automation of the post-trade and collateral lifecycles.
Securities financing trades require continual lifecycle management and reconciliation across a myriad of parameters. By using Pirum’s products, over 120 market participants are able to process more than $2 trillion of trades and collateral daily, replacing manual procedures with an automated, fully-hosted SaaS software solution, which improves efficiency, reduces costs, decreases operational risk and enhances regulatory compliance.
As the European market leader, Pirum is continuing its strong track record of organic growth and technology innovation, and further enhancing its product and service solutions for its global client base.Website: www.pirum.comRead more about our Technology services strategy
This is a really exciting time for Pirum and I am delighted to be teaming up with Bowmark as we progress to the next phase of our development. I am confident that their expertise and experience will bring additional benefits to our business.Rajen Sheth,