Pirum appoints Frank Seibold as Head of Commercial Development, Americas, to accelerate the expansion of its business in the region.

New York, NY, 26 February 2024 – Pirum Systems, a global leader in automated post-trade services, has appointed Frank Seibold as Head of Commercial Development, Americas. He joins the global fintech's New York office and will work alongside Matthew Lilien, Head of Sales North America, as the firm continues to scale its business in this important growth region. 

 

With a distinguished 30-year career, including holding senior positions across financial services, data, trading and post-trade platforms, Seibold brings a wealth of experience in growing businesses that serve enterprise clients at the intersection of financial services and technology. He joins Pirum from CME Group, where he was Global Head of Strategic Relationship Management & Head of Cash Market Sales. Previously, he held senior positions at ICAP, NEX Group, as well as Thomson Reuters.

 

Frank’s focus will be on accelerating Pirum’s business in the Americas while further refining its complete post-trade lifecycle offering, which combines cutting-edge technology with best-in-class client service. 

 

“I am thrilled to join Pirum,” said Frank Seibold. “Having observed the firm’s impressive business over many years, I have been deeply impressed by its technology, suite of products, and the purposeful, client-centric, and practical way Pirum has built its business. It will be a privilege to work with the team to accelerate Pirum’s growth in the Americas, and I look forward to collaborating with Jacob and the rest of Pirum team on what will no doubt be a fantastic journey together.” 

 

Jacob Koopmans, Chief Revenue Officer at Pirum, commented: “I am delighted to welcome Frank to the Pirum team. The extent of his previous achievements underscores the seriousness and intent with which Pirum continues to invest in our client base and presence in the Americas. It was also clear from the first time we met that Frank’s open, positive, and proactive personality is a perfect match for Pirum. Looking ahead, this will be an exciting new chapter in Pirum’s story.” 

 

About Pirum Systems

Pirum Systems was founded in 2000 with the objective of automating the full post-trade lifecycle for the securities finance and collateral management industries. The Software as a Service (SaaS) platform has since become the industry gold-standard globally for post-trade automation and connectivity solutions. Today, the Pirum platform is used and trusted by over 120 leading financial institutions around the world, covering both buy- and sell-side activities. Pirum delivers automation, operational efficiency, and regulatory compliance, as well as reduced cost for its global network of clients. By connecting industry participants around the world, the Pirum dynamo sits at the heart of a complex multi-party financial markets eco-system, all the while increasing transparency, streamlining operations and fostering collaboration.

 

Media contact 

Pirum Systems

Markus Coleman

Director of Marketing

Markus.Coleman@pirum.com