Pirum: Supports clients with their MiFID II collateral reporting requirements
- Pirum is a secure, centralised automation and connectivity hub for global securities finance transactions
- Enhanced its collateral management service by supporting clients with their MiFID II collateral reporting requirements
- This new functionality allows clients to report at scale, in the format and frequency regulators require, to all their counterparts
- Under article 63 of MiFID II regulation, investment firms that hold client financial instruments or client funds are required to send
- Continue to work closely with our clients to understand the evolving regulatory requirements that they required to meet
- Always look to leverage extensive data and connectivity, and have a proven track record of supporting clients
