Pirum, the UK-based fintech specialising in the securities finance sector, has launched a service for connectivity and interoperability to automate recalls and callback messages. FIS Securities Lending Processing Platform (formerly Loanet) users can now connect to their counterparties using Pirum’s post trade services or the FIS platform, providing full interoperability and network coverage across the…
Category: Capital Markets
BBH gets new sec lending chief
Brown Brothers Harriman has appointed Sarah Holmes as global head of securities lending. She joined BBH in 1995 and previously worked as chief administrative officer within BBH’s systems and technology division. Tom Poppey has assumed the role of head of product strategy in securities lending. In 2022 Marney McCabe, then co-head of global securities lending,…
State Street links with LoopFX
State Street has entered into an agreement to make the LoopFX functionality available through FX Connect, part of the GlobalLink suite of e-trading platforms, technology and workflow solutions. LoopFX is creating a new liquidity venue for large spot FX trades by centralising peer-to-peer matching with bank interest. This will enable traders to identify, in real-time,…
Northern Trust develops carbon credit exchange
Northern Trust has completed the first stage toward an industry-wide voluntary carbon credit ecosystem that would allow institutional buyers to digitally access carbon credits from leading project developers. This follows Northern Trust’s milestone of completing fully automated transactions on the initial MVP digital carbon credit platform it has developed with carbon avoidance and removal project…
Pirum hires CRO from Kneip
Pirum, the UK-based fintech focused on the securities finance business, has appointed Jacob Koopmans as chief revenue officer. He will be taking on sales responsibilities from Karl Wyborn, who will be taking some time out of the business. Koopmans was previously chief commercial officer at Kneip.
Maybank partners with Broadridge
Maybank Investment Bank Berhad, the Malaysia-based bank, has partnered with Broadridge Financial Solutions to grow its securities borrowing and lending business. Leveraging Broadridge’s securities finance and collateral management solution, Maybank IB’s newly launched offering for institutional investors deploys proprietary technology for a front-to-back platform that is fast, transparent and Shariah-compliant.
Northern Trust appoints FX chief
Northern Trust has appointed Dane Fannin to lead its global FX business. Fannin, who joined the bank in 2006, will retain his existing responsibilities for the securities finance business. He reports to Guy Gibson, global head of capital markets, banking & treasury services. Fannin replaces Marisa Kurk, who left earlier this year.
Pirum hires for FI BD role
Pirum, the UK-based securities finance fintech, has hired Jon Ford as head of fixed income business development, based In London. Previously, Ford spent eight years at RBC Capital Markets where his most recent role was head of fixed income financing sales.
Pirum hires for U.S. sales
Gary Messina has joined Pirum, the UK-based fintech specialising in the securities finance sector, as associate director, sales origination. Based in New York, he will report locally to Matthew Lilien, North America head of sales. Prior to joining Pirum, Messina was a vice president in client relationship management at Equilend.
Ocorian hires from Northern Trust
Ocorian, the C.I.-based provider of corporate and fiduciary, fund administration, and capital markets services, is strengthening its U.S. capital markets team with the appointment of Anton Britton as head of business development, capital markets, based in New York. He was previously at Northern Trust, where he worked in the private markets administration business.