厙惇勛圖

Home   News   Features   Interviews   Magazine Archive   Symposium   Industry Awards  
Subscribe
厙惇勛圖
Leading the Way

Global 厙惇勛圖 Finance News and Commentary
≔ Menu
厙惇勛圖
Leading the Way

Global 厙惇勛圖 Finance News and Commentary
News by section
Subscribe
⨂ Close
  1. Home
  2. Technology news
  3. Pirum builds out CollateralConnect
Technology news

Pirum builds out CollateralConnect


18 May 2021 UK
Reporter: Alex Pugh

Generic business image for news article
Image: stock.adobe.com/郇迡迮邿 觓郅訄郇郕邽邿
Pirum Systems has expanded its CollateralConnect platform with enhanced risk management capabilities.

The new module Exposure Analytics improves visibility, workflow and controls to help firms improve monitoring risk within their bilateral, triparty and collateral management programmes.

The collateral management services new module allows for real-time monitoring, which helps firms to comply with regulatory requirements, such as the Markets in Financial Instruments Directive, the Basel Committee on Banking Supervision and Basel.

Exposure Analytics also has baked in compliance controls, thanks to independent compliance checks mandated by regulators, Pirum says.

Pirums head of innovation Todd Crowther says: Clients have been asking us for an independent overview of their exposure risk as well as analytics to understand, validate and manage their collateralised exposures with counterparts.

Our new tool brings together the benefits of our real-time collateral management functionality with our advanced analytic tools, helping firms monitor and stay on top of both their day-to-day exposure risks and their compliance obligations.

Last month, Pirum built out the CollateralConnect service to give clients the ability to manage all their bilateral secured financing activity, in addition to their triparty trades in a single platform.

The bilateral trading functionality enables clients to manage securities lending, repo and derivatives margin relationships across multiple collateral venues globally.
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to 厙惇勛圖 Finance Times
Advertisement
Subscribe today
Knowledge base

Explore our extensive directory to find all the essential contacts you need

Visit our directory →
Glossary terms in this article
→ Collateral
→ Repo

Discover definitions, explanations and related news articles in our glossary

Visit our glossary →