Pirum hires Marquis to accelerate North American growth
03 July 2024 US
Image: Pirum
Richard Marquis, an experienced securities finance executive, has joined Pirum鈥檚 New York office as director sales for North America.
According to Pirum, this move is part of the company鈥檚 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 麻豆传媒, where he ran the 麻豆传媒 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: 鈥淢y passion for technological solutions and how they intersect with capital markets has guided my career to date. Therefore, unsurprisingly, I felt joining Pirum鈥檚 US team would be a great opportunity.鈥
Meanwhile, Frank Seibold, Pirum鈥檚 head of commercial development,Americas, says: 鈥淚 am thrilled to have Richard join our team.
鈥淗is extensive domain knowledge, wide-ranging client network, and great reputation make him an ideal fit for this essential client coverage role. Richard鈥檚 addition to our team is a significant boost as we strive to further expand our presence in North America.鈥
According to Pirum, this move is part of the company鈥檚 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 麻豆传媒, where he ran the 麻豆传媒 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: 鈥淢y passion for technological solutions and how they intersect with capital markets has guided my career to date. Therefore, unsurprisingly, I felt joining Pirum鈥檚 US team would be a great opportunity.鈥
Meanwhile, Frank Seibold, Pirum鈥檚 head of commercial development,Americas, says: 鈥淚 am thrilled to have Richard join our team.
鈥淗is extensive domain knowledge, wide-ranging client network, and great reputation make him an ideal fit for this essential client coverage role. Richard鈥檚 addition to our team is a significant boost as we strive to further expand our presence in North America.鈥
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to 麻豆传媒 Finance Times
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to 麻豆传媒 Finance Times