Pirum and Comyno welcome go-live of post integrated trade service
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Pirum and Comyno welcome go-live of post integrated trade service 24 November 2021UK Reporter: Carmella Haswell
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Pirum Systems and Comyno announce go-live with DekaBank on its integrated post
trade service for securities finance.
The partnership sought to develop a fully integrated post-trade solution for clients
using the Comyno C-ONE platform. DekaBank is the first client to leverage this connectivity from Pirum鈥檚 post-trade solutions.
Clients of the service can benefit from a 鈥渢urnkey solution鈥 that can integrate and leverage connectivity with Pirum to manage post-trade lifecycle events in a fully straight-through processing manner.
Speaking on the announcement, Admir Spahic, COO at Comyno says: 鈥淭he connectivity to Pirum鈥檚 post-trade service is completing our current C-ONE offering and further strengthening our partnership with Pirum. The interoperability increases automation and opens doors to new service offerings for our clients.鈥
Karl Wyborn, chief commercial officer at Pirum adds: 鈥淧irum鈥檚 philosophy has always been to establish as much connectivity as possible with vendors in this space. Our work with Comyno and DekaBank underscores the benefits of this approach for all our clients.鈥
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