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24 November 2021
UK
Reporter Carmella Haswell

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Pirum and Comyno welcome go-live of post integrated trade service

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’s post-trade solutions.

Clients of the service can benefit from a “turnkey solution” 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: “The connectivity to Pirum’s 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.”

Karl Wyborn, chief commercial officer at Pirum adds: “Pirum’s 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.”

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Kyle Kolasingh, head of Market Services Solutions, Market Services at RBC Investor Services Trust, sits down with Justin Lawson to discuss the company's investment in securities finance technology, the recent transition to T+1, and the ongoing work for DEI in the industry

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