Pirum

London, United Kingdom Founded: 2000 • Age: 26 yrs Acquired By Bowmark Capital
Collateral management solutions for RQV calculation and reconciliation are offered.
Annual revenue $26.8M Latest available
Total funding - 2 rounds
Employees 96 Tracked headcount
Investors 4 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About Pirum

Pirum is a company based in London (United Kingdom) founded in 2000 was acquired by Bowmark Capital in March 2019. The company has 96 employees as of March 31, 2022. Pirum offers products and services including Pirum TradeConnect, Trade Risk Manager, Recalls Manager, and CollateralConnect. Pirum operates in a competitive market with competitors including Sedgwick, Encompass, Moody's Analytics, Munich Re and iManage, among others.

  • Headquarter London, United Kingdom
  • Employees 96 as on 31 Mar, 2022
  • Sectors
    Financial Services
    Technology
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Pirum Systems Limited
  • Date of Incorporation 19 Jun, 2000
  • Jurisdiction LONDON, ENGLAND
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $26.8 M (USD)
    22
    as on Mar 31, 2021
  • Net Profit
    $10.79 M (USD)
    23
    as on Mar 31, 2021
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
    Hg

    & 3 more

  • Employee Count
    96

    as on Mar 31, 2022

  • Acquired by
    Bowmark Capital

    (Mar 14, 2019)

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Products & Services of Pirum

Pirum offers a comprehensive portfolio of products and services, including Pirum TradeConnect, Trade Risk Manager, Recalls Manager, and CollateralConnect.

Product name locked
Category locked
Primary

Automates trade connectivity for securities finance and risk management.

Product name locked
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Manages risks in securities finance transactions efficiently.

Product name locked
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Handles recalls in securities finance for operational efficiency.

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Facilitates collateral oversight and automation in finance.

People of Pirum

Headcount 50-200
Employee Profiles 65
Employee Profiles
People
Alex Rothwell
Chief Technology Officer
People
Andre Istanbouli
Client Onboarding Senior Associate
People
Jonathan Hodder
Head Of EMEA Origination
People
Robert Frost
Chief Product Officer

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Funding Insights of Pirum

Investors in Pirum

Pirum has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Hg, Schroders and Rothschild & Co.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity investments in Europe are managed by Hg.
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Multinational private and alternative asset investments are managed globally.
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Private equity investments in services and technology sectors, focusing on growth companies.
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Investor details for Pirum

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
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  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Pirum

Investments
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Investment portfolio details for Pirum

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Financial Statements - Pirum

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Detailed financials for Pirum

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  • Profit trends
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Pirum Comparisons

Pirum Primary company
Description
Collateral management solutions for RQV calculation and reco...
Location
London, United Kingdom
Founded Year
2000
Annual Revenue
$26.8 M (USD)
Net Profit
$10.79 M (USD)
EBITDA
Not available
Employees
96
As of 2022
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Peer comparison for Pirum

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Pirum

Pirum operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Sedgwick, Encompass, Moody's Analytics, Munich Re and iManage, among others.

Company Name Domain Founded year HQ Location Description
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Claims administration, loss adjusting, and benefits management services are provided.
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Corporate Digital Identity and KYC solutions are provided by Encompass.
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Risk management software is supplied for insurance and various sectors.
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Platform offering insurance risk management solutions
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Cloud-based document and risk management software is offered for enterprises.
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Provider of AI solutions for insurance underwriting, claims, and risk
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Detailed competitors of Pirum

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Latest news on Pirum

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Complete news archive for Pirum

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Frequently Asked Questions about Pirum

Pirum was founded in 2000 and raised its 1st funding round 21 years after it was founded.

Pirum is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Mark Hale is the current CEO of Pirum.

As of Mar 31, 2022, the latest employee count at Pirum is 96.

Annual revenue of Pirum is $26.8M as on Mar 31, 2021.

Pirum was founded in 2000 and is based in London, United Kingdom. Operations center on collateral management within the financial services sector. Services include the calculation, reconciliation, and processing of RQVs, along with access to market news, forex rates, market prices, and intraday position updates. These solutions are utilized by investment banks, financial advisors, agent lenders, and insurance companies.

Pirum's top competitors include Sedgwick, Encompass and Ideal Insurance Brokers.

Pirum offers Pirum TradeConnect, Trade Risk Manager, Recalls Manager, and CollateralConnect.

Pirum has 4 investors. Key investors include Hg, Schroders, Rothschild & Co, and Bowmark Capital.

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