Pirum, the global leader in securities finance automation and connectivity across the full trade lifecycle, has appointed Ray Wong as Director of Product - AI & Data to further accelerate the firm's ongoing development and roll-out of agentic AI products.
His appointment builds on Pirum's advanced AI-first product strategy, underpinned by over 25 years at the centre of the securities finance market. Today, the Pirum network connects more than 150 global financial institutions and processes $6.5 trillion in daily transactions – the foundation on which its next generation of agentic AI products is already being built, and which Wong's arrival will help scale further.
Wong brings 20 years of product leadership experience across capital markets technology, having led engineering, sales, and product teams in Asia, Europe and North America. Wong joins from Duco, where he led product management across the firm's capital markets automation suite. His prior roles include Head of Innovations at AG Delta, a Singapore-based fintech, where he built structured products platforms connecting private banks with market makers, and Product Specialist at Reuters, covering treasury and risk across major banks in Asia.
Ray Wong said: "I am excited to join Pirum, a firm with over a quarter of a century of network depth behind it. The data standard and global connectivity that we have built up is what gives Pirum's AI strategy a formidable foundation. The market is ready, and so is the technology. I am looking forward to working with the leadership team across EMEA and North America, as well as our clients worldwide, and bringing to market products that give securities finance desks a measurable operational advantage."
Ben Challice, CEO of Pirum, said: "Ray brings exactly the combination we need at this point in Pirum's development: deep experience in capital markets technology, a builder's instinct paired with a commercial mindset, and a clear view of where AI is going across capital markets. We have already built strong momentum in moving agentic AI from pilot to production in a regulated setting, and Ray's experience doing exactly that means he can help us invest further and move even faster on what we're building."
