Pirum CEO Rajen Sheth says: “The recent product launch with Euroclear now enables Pirum clients to connect with the three major tri party agents in a real-time and automated manner. The addition of this Euroclear RQV functionality to the existing collateral management platform shows our continued commitment to building innovative solutions that provide cost reduction and improved operational risk for our clients.”
Olivier Grimonpont, global head of collateral management and securities lending at Euroclear, adds: “As securities lending becomes increasingly granular and time sensitive, we are continuously seeking ways to improve our client’s collateral management experience. This roll out of new functionality is a continuous process for our clients to drive operational efficiencies.”
