Pirum announces today the expansion of the Board with the appointment of Neal Anderson as Chair.
Neal Anderson was most recently CEO at Wood Mackenzie, a leading research and data & analytics provider to the global energy and commodities industries.
Joining on 6th February 2023, Neal brings extensive experience in leading and growing businesses, with expertise in developing strategy, scaling and driving digitalisation with large enterprise customers.
After eight years at the helm of the Pirum board as Chair, Donal Smith will continue to work closely with the business in an NED/board advisory capacity.
Phil Morgan, Pirum CEO said: “This is fantastic news for us at Pirum and we are delighted that Neal is joining the business. He brings significant experience in scaling businesses as we continue to grow across multiple products and geographies. I would like to thank Donal for steering Pirum so adeptly as a Chair through a period of significant growth and evolution. I am excited for the next stage of Pirum’s journey, utilising the expertise and support of our expanded Board.”
Neal Anderson, Pirum Chair, added: “Pirum is an exceptional company with a powerful vision and a long-term track record of growth and product innovation for its clients. I am excited to work with the Board and Pirum’s team of experts to accelerate the global growth of the business.”
Pirum grew significantly in 2022 and continues to build a suite of new products that automate collateral management, repo, and front office activities. Neal will lead a highly knowledgeable Board, to put Pirum in an advantageous position as they continue to focus on innovation, launching new products and building a high-quality platform that is driving further efficiency and productivity gains for customers.
Pirum was founded in 2000 to provide advanced, centralised and secure reconciliation services for financial sector participants. Pirum’s software provides a secure processing hub which seamlessly links industry participants, allowing them to process and verify key transaction details electronically. This delivers significant trade and collateral efficiency, lowers costs and enhances regulatory compliance for its network of clients. Pirum’s products assist 90 of the most prestigious global financial institutions to process over $3 trillion of transactions daily.
