Pirum Company Profile and Competitor Analysis

Author

Reads 11K

Beautiful day in Rome showcasing ancient architecture and urban landscape.
Credit: pexels.com, Beautiful day in Rome showcasing ancient architecture and urban landscape.

Pirum is a global leader in post-trade infrastructure, providing a range of services to the financial industry. They specialize in collateral management and securities financing.

The company was founded in 2008, with a focus on creating a more efficient and secure way to manage collateral and securities. Their innovative approach has made them a trusted partner for many major financial institutions.

Pirum's technology is designed to streamline post-trade processes, reducing costs and minimizing risk. By automating many of the tasks involved in collateral management, they have helped their clients to save time and resources.

A different take: Kiwoom Securities

Financials

Pirum Systems's estimated annual revenue is currently $20M per year.

Their revenue per employee is a significant $145,000, indicating a well-oiled machine.

Pirum Systems Ltd reported a notable annual revenue of $17.2 million in 2025.

Here is a summary of Pirum Systems's revenue:

Revenue & Valuation

Pirum Systems's estimated annual revenue is currently $20M per year. This is a significant figure that gives us an idea of the company's financial standing.

Credit: youtube.com, Startup Valuation: How to Calculate It - Startups 101

The estimated revenue per employee is $145,000. This number can be a good indicator of the company's efficiency and productivity.

Pirum Systems Ltd reported an annual revenue of $17.2 million in 2025. This is a more specific and up-to-date figure compared to the estimated revenue.

Here's a comparison of the estimated revenue and the reported revenue:

  • Estimated annual revenue: $20M per year
  • Reported annual revenue (2025): $17.2 million

Funding and Investors

Pirum has a total of 4 institutional investors, which is a significant milestone for any company.

These investors include Hg, Rothschild & Co, Schroders, and HgCapital Trust.

Pirum's funding rounds have been led by two of these investors: Hg and Rothschild & Co.

Here's a breakdown of Pirum's funding rounds:

Pirum's first funding round was on December 16, 2021, and it was a Private Equity (PE) round.

Pirum's latest funding round was a Seed round on June 21, 2022, and it had a post-money valuation of 3,681,215.

Readers also liked: Funding Circle

Location and Industry

Pirum is a global leader in the field of middle office and post-trade solutions. It's headquartered in London, with offices in New York and Paris.

Pirum's industry expertise lies in the financial sector, specifically in the areas of securities lending, collateral management, and cash equities.

Pirum's global presence allows it to serve clients across different regions and time zones.

For another approach, see: IShares S&P Global 100

Location of Ltd

Credit: youtube.com, Geography | Industry Lesson 4 | Locating Industry

London is home to Pirum Systems Ltd, which is based in Greater London. This is a key location for the company.

Pirum Systems Ltd can be found in London, making it a prominent player in the industry.

NAICS Code for Ltd

The NAICS codes for a company like Pirum Systems Ltd can be quite detailed.

Pirum Systems Ltd has NAICS codes that include 523, 52, 5232, 523210, and 52321.

These codes are used for classification and can impact business operations.

The specific NAICS codes for Pirum Systems Ltd highlight its focus on a particular industry.

This level of detail can be helpful for business planning and decision-making.

Leadership and Employees

Pirum has a team of 138 employees, which is a 16% increase from last year. This growth suggests a strong and expanding organization.

The company's leadership team is comprised of experienced professionals, including two CEOs, Philip Morgan and Mark Hale, who are also listed as co-founders of Pirum.

Here's a list of Pirum's leadership team:

Leadership Team

Credit: youtube.com, How to Lead When Your Team is Smarter Than You – 6 Leadership Principles

At Pirum, the leadership team is comprised of experienced individuals who have played a crucial role in shaping the company's vision and direction.

Jeff Armstrong is a Co-Founder and Director of Pirum, bringing his expertise to the table from the very beginning.

Rupert Perry is another Co-Founder of Pirum, contributing to the company's foundation and growth.

There are actually multiple CEOs at Pirum, which may be unusual but can also be beneficial in terms of diversity of thought and leadership.

Philip Morgan, Mark Hale, and Rajen Sheth are the three CEOs of Pirum, each bringing their own unique perspective and leadership style.

Here's a list of the CEOs at Pirum:

  • Philip Morgan
  • Mark Hale
  • Rajen Sheth

Top Ltd Employees

At Pirum Systems, the leadership team is comprised of experienced professionals who have helped the company grow significantly.

Pirum Systems has a total of 138 employees, with a notable growth of 16% last year.

The company's CEO is Mark Hale, who is also listed as one of the top employees. However, there seems to be another CEO, Philip Morgan, which could indicate a dual leadership structure or a potential issue with the company's information.

See what others are reading: Abu Dhabi National Takaful Company

Credit: youtube.com, Dealing with Difficult Employees: Top Strategies for Managers

The top leadership positions at Pirum Systems are held by experienced individuals, including Ben Challice as President and Chief Strategy Officer.

Here's a list of the top 10 employees at Pirum Systems:

  • 1Mark Hale - CEO
  • 2Philip Morgan - CEO
  • 3Ben Challice - President and Chief Strategy Officer
  • 4Frank Seibold - Head Commercial Development
  • 5Garrett Vena - Head Americas, Client Service
  • 6Matthew Lyons - Head IT
  • 7Robert Frost - Head Product Development
  • 8Todd Crowther - Head Corporate Development and Collateral Services
  • 9Markus Coleman - Director Marketing
  • 10Duncan Carpenter - Director Product Management

Investments and Acquisitions

Bowmark led a buyout in April 2019, supporting CEO Rajen Sheth's strategy to continue growing and evolving the business.

Pirum had 18 years of uninterrupted revenue growth, a testament to its management team's success.

Bowmark saw an opportunity to help Pirum expand into new areas, including operations, collateral management, asset servicing, and the front office.

Pirum was already the European market leader, but it aimed to break into the US market, which represents 40% of the stock lending market.

The company had opportunities to tap into compliance needs created by regulations such as SFTR, CSDR, and UMR.

Bowmark's investment allowed Pirum to employ the best developers and keep innovating to meet its strategic vision.

Rajen Sheth, now Pirum's President, was keen to work with Bowmark to help clients exploit opportunities in a changing industry landscape.

For another approach, see: Cornering the Market

Competitors and Alternatives

Flat Lay Photo of Alternative Medicines
Credit: pexels.com, Flat Lay Photo of Alternative Medicines

Pirum Systems has several competitors and alternatives in the market. Worth Digital, a company with a revenue of $4.1M, is one of them.

The number of employees at Worth Digital is 35, which is significantly lower than Pirum Systems. Degree 53, another competitor, has a revenue of $1.3M and 15 employees.

AZoNetwork is a larger competitor with a revenue of $13.6M and 94 employees. Upside Energy, on the other hand, has a revenue of $6.9M and 53 employees, with a notable employee growth of 39%.

Resulting and Connex Solutions are other competitors with revenues of $14.8M and $5.3M respectively. REPL Group and Jumar are also notable competitors with revenues of $17.4M and $24.2M respectively.

Here is a list of some of Pirum Systems' competitors and their key statistics:

Frequently Asked Questions

What is pirum?

Pirum is a leading provider of post-trade automation and connectivity solutions for the securities finance and collateral management industries. It offers a Software as a Service (SaaS) platform that has become the industry standard globally.

Who is the new CEO of Pirum?

The new CEO of Pirum is Ben Challice, a seasoned leader in the fintech industry. He brings expertise to drive Pirum's continued growth and innovation in Securities Finance and Collateral Management.

Sheldon Kuphal

Writer

Sheldon Kuphal is a seasoned writer with a keen insight into the world of high net worth individuals and their financial endeavors. With a strong background in researching and analyzing complex financial topics, Sheldon has established himself as a trusted voice in the industry. His areas of expertise include Family Offices, Investment Management, and Private Wealth Management, where he has written extensively on the latest trends, strategies, and best practices.

Love What You Read? Stay Updated!

Join our community for insights, tips, and more.