Pirum

Pirum provides automation and connectivity services for the securities finance lifecycle, covering pre-trade, post-trade and collateral management. Its products include Pirum TradeConnect, Trade Risk Manager, Recalls Manager, RepoConnect, ClearingConnect, CollateralConnect, CoacsConnect and an SFTR regulatory reporting solution developed with S&P Global Market Intelligence Cappitech.

Its customers are financial institutions and service providers in securities finance, including 25 of the 30 global systemically important banks, according to the website. The website describes the offering as a hub that links market participants and processes trade and collateral events, without stating a pricing or revenue model.

Pirum Systems was founded in June 2000 and is based in the United Kingdom, with job openings listed in the City of London. The website states that over 150 financial institutions and service providers use its services daily. Current openings include a Senior Cyber Detection and Response Engineer and an Implementation Delivery Senior Associate.

Product: Securities finance automation and connectivity services: TradeConnect, Trade Risk Manager, Recalls Manager, RepoConnect, ClearingConnect, CollateralConnect, CoacsConnect and SFTR reporting.