Richard Marquis joins Pirum’s New York team to accelerate the company’s expansion in North America.

New York, NY, July 3rd, 2024 – Pirum, the global fintech that has been at the heart of the securities finance and collateral management industry for over two decades, today announced that Richard Marquis has joined the firm’s New York office, as Director, Sales North America.

Marquis brings over 30 years’ experience of leading securities finance trading teams and developing innovative technology solutions across Agency Lending, Prime Brokerage and Principal Borrowing/Lending. Marquis joins Pirum from MUFG Securities, where he was running the Securities Finance Regulatory Project for 10c-1a compliance. Prior to that Marquis headed Borrow DIRECT at BNY, a cutting-edge principal and P2P programme, having also headed the firm’s Cross Product Trading Strategy department for Securities Finance, as well as the Americas Equity Trading team. His previous positions include serving as the Head of International Equity Hedge Fund Demand at J.P. Morgan and as Executive Director, International Equity Prime Brokerage at UBS.

“I am thrilled to embark on this new chapter in my career,” said Richard Marquis. “My passion for technology and how it intersects with capital markets has guided my career to date. Unsurprisingly, therefore, joining Pirum’s US team proved to be a great opportunity. In an already busy industry, Pirum offers a unique combination of cutting-edge technology – from industry-leading automation and connectivity to optimization – with best-in-class client service.”

Frank Seibold, Head of Commercial Development, Americas, said: “We are at an exciting juncture for Pirum, particularly in this crucial growth region. I am thrilled to have Richard join our team. His extensive domain knowledge, wide-ranging client network, and great reputation make him an ideal fit for this essential client coverage role. Richard’s addition to our team is a significant boost as we strive to further expand our presence in North America.”

About Pirum Systems

Pirum Systems was founded in 2000 with the objective of automating the securities finance and collateral management industries. The Software as a Service (SaaS) platform has since become the industry gold-standard globally for 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, regulatory compliance, and reduced cost for its network of clients, who use Pirum solutions to process their trades in global financial markets. By connecting market 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. pirum.com

Media contact

Pirum Systems

Markus Coleman

Director of Marketing

Markus.Coleman@pirum.com