BBH adopts Pirum’s recalls manager ahead of T+1 settlement shift
In preparation for the US settlement cycle's shift to T+1 in May this year, BBH Global Securities Lending has adopted Pirum's automated recalls manager solution.
In preparation for the US settlement cycle's shift to T+1 in May this year, BBH Global Securities Lending has adopted Pirum's automated recalls manager solution.
Based in London, the ex-LSEG hire will serve to enhance and expand Pirum’s clientele base and develop key accounts.
According to the firm, the new solution will offer a significant return on investment, improve efficiencies and assist with T+1 compliance.
Collaboration leverages BNY Mellon’s automated delivery service and integrates the firm’s triparty schedule and collateral acceptability data into Pirum’s collateral management services.
Survey provides insight into how the industry responded to UTI pairing, reporting collateral and other challenges presented by SFTR implementation.
Securities finance automation firm announces upgrade to CollateralConnect platform to provide enhanced visibility, workflow and controls.
Development allow collateral providers and receivers to fully automate their RQV processing.
Former vice president for international equity finance at JP Morgan joins Pirum as securities finance firm turns attention to North America.
The two firms have partnered to develop a front-to-back securities lending solution using the Wematch platform for mutual clients.
The new service enables users to determine the impact of the settlement discipline regime (SDR) on their securities finance business.