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People moves news

Exclusive: Challice heads to Pirum


26 May 2016 London
Reporter: Drew Nicol

Generic business image for news article
Image: Shutterstock
Pirum Systems is set to take on Ben Challice as chief operating officer, giving him responsibility for the company’s strategic product and market development.

Challice is a well established figure in the securities financing industry, with 16 years of experience including his most recent role as head of global prime services at Nomura.

He has also held senior positions at Lehman Brothers and Goldman Sachs.

Challice said: “I am thrilled to be embarking on the next stage in my career at such a pivotal time for the industry.”

“Technology driven solutions which allow greater automation and efficiencies, leading to better returns, are being demanded by the market. Pirum is ideally placed to develop these solutions for its clients.”

Rajen Sheth, CEO of Pirum Systems, added: “I am very excited to welcome Ben Challice to our team. His deep knowledge and experience of secured financing and the prime services business, products, processes and markets will be invaluable to our clients and the team.”

“I look forward to working with Ben as Pirum continues to lead the evolution of the securities finance automation landscape.”
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