Category: Capital Markets

Pirum, the fintech for securities finance automation and collateral management, has hired Ed Corral as head of collateral services. Corral joins Pirum’s New York office to lead the expansion of CollateralConnect, the firm’s collateral management and optimisation solution. Corral joins Pirum from J.P. Morgan, where he was global head of collateral management.

Brown Brothers Harriman has entered into an arrangement with MUFG Investor Services, a division of Mitsubishi UFJ Trust and Banking Corporation (MUTB), under Mitsubishi UFJ Financial Group, Inc, for the provision of enhanced securities lending services to BBH’s asset manager and financial institutions clients globally. BBH clients will benefit from an enhanced securities lending product…

Pirum, the fintech for securities finance automation and collateral management, has hired Rhys Chapman as global customer success director, overseeing customer success, client services, and client onboarding. Based in London, Chapman joins from Rimes.

Hazeltree, a provider of treasury and liquidity management solutions, has appointed Lokesh Seth as CEO, following the recent departure of Stephanie Miller. Hazeltree also made additional leadership appointments: Douglas Trafelet has joined as chief commercial officer, whilst Kyri Yiannakis has been promoted to chief client officer.

Pirum, the UK-based technology provider for securities finance automation and collateral management, has hired Reid Cheyne as director of fixed income sales, Americas. Following RepoConnect’s success, he will lead on accelerating Pirum’s expansion in the U.S. and wider North America’s fixed income industry. He was most recently at Citi, where he moved from directing fixed…

Citi has struck an innovative deal with Maybank Securities in Singapore, enabling Maybank Securities to facilitate the lending of retail clients’ global equity holdings using Citi’s platform, Citi Securities Lending Access. Maybank Securities will leverage its position in Singapore and its large ASEAN client base to utilise the CSLA platform. Launched in 2021, CSLA combines…

Avanza Fonder, a Stockholm-based fund company providing services for private clients, has appointed Northern Trust to provide its Integrated Trading Solutions (ITS) outsourced trading desk services. Avanza Fonder is a wholly owned subsidiary of Avanza Bank Holding. The fund company manages funds in-house and in collaboration with other managers. Northern Trust will provide outsourced trading…

HQLAᵡ, Clearstream and Eurex Repo have collaborated to facilitate intraday DvP repo transactions using DLT in the ECB trials. The ECB trials are part of the Eurosystem exploratory work on new technologies for wholesale central bank money settlement, with trials denoting production transactions using real securities and cash. The transactions took place between Goldman Sachs…