Pirum Systems

Pirum Systems provides a centralised hub that automates post-trade and collateral activity in securities finance. Firms use it to connect with the other parties involved in these transactions.

According to its own description, the service gives clients access to counterparties, triparty agents, trading venues, market data providers and central counterparties, while helping them meet regulatory requirements.

What Pirum Systems offers

• Post-trade automation — handles processing steps after a securities financing trade is agreed.
• Collateral lifecycle automation — covers the movement and management of collateral.
• Connectivity hub — links clients to counterparties, triparty agents, venues, data companies and CCPs.
• Regulatory support — helps clients stay within the rules that apply to securities financing.

Who it works with

Participants in the securities financing market, including the counterparties, agents, venues and clearing bodies they deal with.