Pirum and Wematch Securities announce collaboration

Pirum is delighted to be able to confirm its collaboration with the Wematch Securities Financing platform.

The agreement will allow mutual clients to execute trades on wematch.securitiesfinancing and manage their post-trade processes through Pirum. It will also provide the basis for wematch.securitiesfinancing clients to comply with transaction reporting obligations via Pirum’s existing partnership with IHS Markit.

Ben Challice, Pirum COO, said “The collaboration with wematch.securitiesfinancing is a natural extension for our automated connectivity hub. Their platform is first class and the technology supporting it is very impressive. We look forward to allowing mutual clients seamless integration and helping them automate a new route to market.”

David Raccat, founder and CEO at wematch.securitiesfinancing, said “The collaboration with Pirum is a key milestone in our permanent objective to offer a seamless and efficient solution to our clients. Pirum is a reference for post-trade services and we are convinced this joint service offering will bring a lot of value on the integration chain.”

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