Richard Marquis, an experienced securities finance executive, has joined Pirum’s New York office as director sales for North America.
According to Pirum, this move is part of the company’s investment plans in North America, to keep up with increasing client demand for securities finance automation and connectivity solutions.
Marquis brings more than 30 years of experience in leading securities finance trading teams and developing innovative technology solutions across agency lending, prime brokerage, and principal borrowing.
He joins Pirum from MUFG Securities, where he ran the Securities Finance Regulatory project for 10c-1a compliance.
Prior to that, he headed Borrow DIRECT at BNY, served as the head of international equity hedge fund demand at J.P. Morgan, and as executive director of international equity prime brokerage at UBS.
Following the announcement, Marquis comments: “My passion for technological solutions and how they intersect with capital markets has guided my career to date. Therefore, unsurprisingly, I felt joining Pirum’s US team would be a great opportunity.”
Meanwhile, Frank Seibold, Pirum’s head of commercial development,Americas, says: “I am thrilled to have Richard join our team.
“His extensive domain knowledge, wide-ranging client network, and great reputation make him an ideal fit for this essential client coverage role. Richard’s addition to our team is a significant boost as we strive to further expand our presence in North America.”
