Pirum welcomes Corral as Head of Collateral Services
24 March 2025 US
Image: J.P.Morgan
Pirum has appointed industry veteran and former J.P. Morgan global head Ed Corral as head of collateral services.
Based in New York, he will lead the expansion of CollateralConnect — the firm’s collateral management and optimisation solution — to meet demand and grow its footprint in the US.
Corral is a seasoned expert with over 30 years of experience covering collateral management and optimisation, as well as wider securities finance.
He joins Pirum from J.P. Morgan, where he spent a total of 25 years, taking on a number of senior positions at the bank and its predecessor firms. Most recently, he was managing director, global head of collateral management.
In addition, he headed tripary repo and collateral optimisation at Morgan Stanley during his almost 10 years with the company.
Commenting on the appointment, Ben Challice, president at Pirum, says: “It is wonderful to be reunited with Ed, welcoming him to the Pirum team, bringing his exceptional track record and industry connectivity.
“As we continue to invest in our North American operations to meet increasing demand for our services, including CollateralConnect, Ed is perfectly positioned to lead the charge.”
Corral adds: “Having worked on the sell side and in collateral management for over three decades, the opportunity to move to such an innovative firm was a ‘no brainer’.
“I look forward to playing my part in continuing the development of collateral services for our clients and partners.”
Based in New York, he will lead the expansion of CollateralConnect — the firm’s collateral management and optimisation solution — to meet demand and grow its footprint in the US.
Corral is a seasoned expert with over 30 years of experience covering collateral management and optimisation, as well as wider securities finance.
He joins Pirum from J.P. Morgan, where he spent a total of 25 years, taking on a number of senior positions at the bank and its predecessor firms. Most recently, he was managing director, global head of collateral management.
In addition, he headed tripary repo and collateral optimisation at Morgan Stanley during his almost 10 years with the company.
Commenting on the appointment, Ben Challice, president at Pirum, says: “It is wonderful to be reunited with Ed, welcoming him to the Pirum team, bringing his exceptional track record and industry connectivity.
“As we continue to invest in our North American operations to meet increasing demand for our services, including CollateralConnect, Ed is perfectly positioned to lead the charge.”
Corral adds: “Having worked on the sell side and in collateral management for over three decades, the opportunity to move to such an innovative firm was a ‘no brainer’.
“I look forward to playing my part in continuing the development of collateral services for our clients and partners.”
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