Real-time Contract Compare

A first for the Securities Lending industry, Pirum's real-time contract compare brings new efficiencies to post trade reconciliation

Real-time contract compare enables users to fix breaks in their internal systems and see the results in minutes. Users will know if their changes have been successful and any new breaks can be cleared intra-day.

This reduces the impact on daily P&L of keying errors as they can be identified and corrected same day. Using the Real-time reconciliation also reduces the need for users to remember to review their corrections the following day.