Pirum hires Cheyne to accelerate North American fixed income expansion
14 January 2025 US
Image: LinkedIn
Pirum has appointed Reid Cheyne as director of fixed income sales, Americas.
In his new role, Cheyne will work to accelerate the firm鈥檚 expansion in the US fixed income industry, as well as in the wider North America region.
He brings over 25 years of securities finance and fixed income experience to the company, holding leadership roles ranging from trading and financing to sales and brokerage.
Most recently, Cheyne worked at Citi, where he moved from directing fixed income prime services sales to leading financing sales for hedge funds.
Previously, he held vice president roles at Abbey National 色花堂and Citicorp Securities, and was managing director at Capital Markets Engineering and Trading.
Given his experience, the firm believes he is best placed to further accelerate Pirum鈥檚 RepoConnect solution 鈥� a software-as-a-service (SaaS) solution which automates the traditionally manual and legacy technology repo lifecycle.
Commenting on his new role, Cheyne says: 鈥淭he global fixed income space is also undergoing rapid transformation in terms of upgrading repo and other fixed income trading workflows, which is why joining the company that is leading the charge toward automation and interoperability was a 鈥榥o brainer鈥�.鈥�
Jacob Koopmans, chief revenue officer at Pirum, adds: 鈥淸Reid鈥檚] track record speaks for itself and, as the fixed income community is a key focus for Pirum in 2025, Reid was the natural choice for this new key role.
鈥淚 look forward to seeing how he further accelerates our RepoConnect presence and broadens our fixed income client-base across the US and North America.鈥�
In his new role, Cheyne will work to accelerate the firm鈥檚 expansion in the US fixed income industry, as well as in the wider North America region.
He brings over 25 years of securities finance and fixed income experience to the company, holding leadership roles ranging from trading and financing to sales and brokerage.
Most recently, Cheyne worked at Citi, where he moved from directing fixed income prime services sales to leading financing sales for hedge funds.
Previously, he held vice president roles at Abbey National 色花堂and Citicorp Securities, and was managing director at Capital Markets Engineering and Trading.
Given his experience, the firm believes he is best placed to further accelerate Pirum鈥檚 RepoConnect solution 鈥� a software-as-a-service (SaaS) solution which automates the traditionally manual and legacy technology repo lifecycle.
Commenting on his new role, Cheyne says: 鈥淭he global fixed income space is also undergoing rapid transformation in terms of upgrading repo and other fixed income trading workflows, which is why joining the company that is leading the charge toward automation and interoperability was a 鈥榥o brainer鈥�.鈥�
Jacob Koopmans, chief revenue officer at Pirum, adds: 鈥淸Reid鈥檚] track record speaks for itself and, as the fixed income community is a key focus for Pirum in 2025, Reid was the natural choice for this new key role.
鈥淚 look forward to seeing how he further accelerates our RepoConnect presence and broadens our fixed income client-base across the US and North America.鈥�
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