By combining an in-depth understanding of both the Securities Finance industry and IT, Pirum has created a set of highly innovative and flexible services which are tailored to fully support the complexities of the underlying business processes. Integration with Pirum’s services could not be easier. Data feeds are accepted in virtually any format, facilitating the re-use of existing data extracts. This flexibility results in a fast, straightforward and low cost implementation.
Manually processing income claims and voluntary corporate actions can lead to costly mistakes. Pirum’s CoacsConnect service eliminates errors by centralising and automating the process end-to-end
CollateralConnect (CCS) gives you real-time visibility of collateral and inventory across multiple books and venues. This single view of collateral sources and uses supports intraday collateral management and multi-day projections to ensure the most efficient use of available collateral.
With the rollout of phases five and six of Basel III’s uncleared margin rules (UMR) framework, firms face a wave of initial margin (IM) call processing. IM Instruct manages that complexity, and provides eligibility oversight and control.
With the rollout of phases five and six of Basel III’s uncleared margin rules (UMR) framework, firms face a wave of initial margin (IM) lifecycle processing and collateral management challenges. IMConnect manages that complexity by providing services to support exposure management, margin instruction, eligibility oversight and control as well as collateral management and optimisation.
Pirum’s award-winning Post Trade Services (PTS) offers front-to-back automation of the full trade and collateral life-cycle for securities finance transactions (SFT). Processing over 2 million contracts per day for more than 100 trading entities, worth in excess of US$3 trillion, Pirum is the trusted solution for the market.
Recalls Manager works 24/7 providing automation both inside and outside of normal operating hours without manual intervention.
Pirum offers a comprehensive securities financing transactions regulation (SFTR) solution in partnership with IHS Markit to help firms with their chosen reporting path. We already support the industry with around 80% of the UTI flow across stock lending, repo, buy/sell backs and margin-lending transactions.
RepoConnect significantly reduces cost and operational risk by replacing manually intensive operational processes with an exception-based management tool.
Trade Risk Manager
Trade Risk Manager (TRM) provides a centralised dashboard to monitor key risk indicators, Central Securities Depositories Regulation (CSDR) penalties, P&L write-offs, counterparty exposure, and regulatory reporting mismatches, all in real time. TRM improves users’ P&L by automating processes, managing risk and breaks across their entire trading book.