Pirum

CollateralConnect (CCS) offers real-time visibility of collateral and inventory across multiple books and venues. This single view of collateral sources and uses supports intraday collateral management and multi-day projections to ensure the most efficient use of available collateral.

The rollout of phases five and six of Basel III's uncleared margin rules creates initial margin processing and collateral management challenges. IMConnect supports exposure management, margin instructions, eligibility oversight and control, and collateral management and optimisation.

Pirum's Post Trade Services (PTS) automates the trade and collateral lifecycle for securities finance transactions. It processes over 2 million contracts per day for more than 100 trading entities, worth over US$3 trillion.

Recalls Manager works 24/7 providing automation both inside and outside of normal operating hours, helping firms to increase efficiency and reduce costs by minimizing fails, penalties and overdraft costs.​

Pirum appointed Carmine Salute Head of Commercial Development, Americas, at its New York office. He will focus on growth in the United States, Canada and Mexico, identify opportunities in South America, and work with existing clients.

Pirum's page features articles, white papers, news about its services, and general industry news.

PRESS RELEASE Pirum is delighted to announce that J.P. Morgan Agency Lending are now live on Pirum’s Corporate Actions service CoacsConnect. The service brings automation, efficiency, connectivity, and enhanced oversight to a critical area of capital markets.

It’s official. Pirum is now a Carbon Neutral Plus organisation.

Pirum offers services tailored to financial institutions worldwide. The company says integration with its services has helped clients increase processing efficiency, reduce operational risk and improve profitability by reducing manual processing.

The Panorama covers T+1 sequencing, fixed-income automation and AI readiness, topics the team discusses with clients every day.

Connecting securities finance and collateral counterparties, trading venues, tri-party agents, regulatory reporting platforms and data vendors worldwide. Automating over USD 3 trillion in transactions per day across the full securities finance life cycle.