Pirum Systems is a UK-based company established in 2000, specializing in the finance sector, particularly in lending and brokerage. With a workforce of 51 to 200 employees and reported revenue of approximately $17 million, Pirum focuses on enhancing operational efficiency in securities financing transactions (SFTs). The company plays a critical role in the financial ecosystem by facilitating the transmission of trade instructions and managing post-trade lifecycle events for its clients. Recent collaborations, such as with Cboe Clear Europe and BNY, highlight Pirum's involvement in pioneering services that enable Undertakings for Collective Investment in Transferable Securities (UCITS) clients to access centrally cleared SFTs. This initiative aims to transform traditional bilateral processes into a more transparent and efficient model, thereby increasing market liquidity and supporting balance sheet efficiency for borrowers in the securities lending space. Overall, Pirum Systems contributes to the modernization and resilience of the securities finance market through its innovative solutions and partnerships.