Ed Corral Joins Pirum as Head of Collateral Services

Pirum, the trusted technology partner for securities finance automation and collateral management, today announced the hire of Ed Corral, as Head of Collateral Services. Corral joins Pirum’s New York office, to lead the expansion of CollateralConnect, the firm’s best-in-class collateral management and optimization solution, to meet increasing demand and grow its footprint in the region. 

Corral, a seasoned expert with in-depth experience in collateral management and optimization, as well as wider securities finance, joins Pirum from J.P. Morgan, where he held the senior leadership position of managing director, Global Head of Collateral Management. Corral previously held other senior positions at J.P. Morgan and its predecessor firms, and prior to that also headed Tri Party Repo and Collateral Optimization at Morgan Stanley.

Ed Corral said: “I am excited to join Pirum, a firm that I have admired for many years. Pirum’s client-led development approach consistently delivers impactful and intuitive technological solutions that solve industry-wide problems. 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.”

Ben Challice, President at Pirum, said: “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.”