Simon Davies, Director of Business Development says: “Pirum has been at the forefront of the drive to increase STP and low fail rates for the securities finance market for over 20 years and recognises the value and importance of best practice. Along with our pre-matching and life-cycle processing services, we can help automate the collateral lifecycle to link the lender’s loan instruction to the borrower’s collateral coverage, thereby dramatically reducing the timing from loan instruction to settlement.”