CoacsConnect reduces email traffic, improves response times, and mitigates risks.
The broker considers acquiring Saxo Bank and opening a new office in Dubai for expansion.
Pirum, a technology provider specializing in securities
finance automation and collateral management, announced today (Tuesday) that
Interactive Brokers has implemented its CoacsConnect solution. Interactive
Brokers, an automated global electronic broker, aims to automate corporate
actions for its global client base through this adoption.
Pirum Automates $3.8 Billion Daily Actions
Jacob Koopmans, Chief Revenue Officer at Pirum, Source: LinkedIn
"Thanks to forward-looking firms like Interactive
Brokers, which insist on offering best-in-class services to their customers,
this past practice is fast becoming outdated," Jacob Koopmans, Chief
Revenue Officer at Pirum, said.
CoacsConnect is a centralized tool for managing corporate
actions. It includes features for income claims and voluntary corporate actions
and is tailored to individual client requirements. On average, the platform
processes corporate actions worth $3.8 billion daily.
Interactive Brokers selected CoacsConnect to improve
efficiency and manage risks in handling corporate actions. The decision was
influenced by Pirum's established reputation for automation services and
connectivity across the securities finance sector.
Interactive Brokers Adopts CoacsConnect for Automation
The adoption of CoacsConnect is expected to simplify
operations for Interactive Brokers. Benefits include streamlined receivables,
reduced email volume, faster response times, and automated payments. Additional
features such as audit trails, alerts, and updates aim to enhance risk
management and ensure timely action on critical events.
"We look forward to collaborating closely with the
Interactive Brokers team, to support its roll out of automated and digitalized
corporate actions, and to continue developing CoacsConnect, for the benefit of
all our clients," Koopmans added.
Commission-based revenue increased, driven by higher trading
volumes. Net interest income rose, and other fees saw a boost. The company also
saw strong customer growth, with accounts rising and customer equity
increasing. Daily trading activity grew, and margin loans surged.
Pirum, a technology provider specializing in securities
finance automation and collateral management, announced today (Tuesday) that
Interactive Brokers has implemented its CoacsConnect solution. Interactive
Brokers, an automated global electronic broker, aims to automate corporate
actions for its global client base through this adoption.
Pirum Automates $3.8 Billion Daily Actions
Jacob Koopmans, Chief Revenue Officer at Pirum, Source: LinkedIn
"Thanks to forward-looking firms like Interactive
Brokers, which insist on offering best-in-class services to their customers,
this past practice is fast becoming outdated," Jacob Koopmans, Chief
Revenue Officer at Pirum, said.
CoacsConnect is a centralized tool for managing corporate
actions. It includes features for income claims and voluntary corporate actions
and is tailored to individual client requirements. On average, the platform
processes corporate actions worth $3.8 billion daily.
Interactive Brokers selected CoacsConnect to improve
efficiency and manage risks in handling corporate actions. The decision was
influenced by Pirum's established reputation for automation services and
connectivity across the securities finance sector.
Interactive Brokers Adopts CoacsConnect for Automation
The adoption of CoacsConnect is expected to simplify
operations for Interactive Brokers. Benefits include streamlined receivables,
reduced email volume, faster response times, and automated payments. Additional
features such as audit trails, alerts, and updates aim to enhance risk
management and ensure timely action on critical events.
"We look forward to collaborating closely with the
Interactive Brokers team, to support its roll out of automated and digitalized
corporate actions, and to continue developing CoacsConnect, for the benefit of
all our clients," Koopmans added.
Commission-based revenue increased, driven by higher trading
volumes. Net interest income rose, and other fees saw a boost. The company also
saw strong customer growth, with accounts rising and customer equity
increasing. Daily trading activity grew, and margin loans surged.
Does the Kraken–Deutsche Börse Deal Simplify Crypto, or Complicate It Further?
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
In this video, we take an in-depth look at @Exness , a global multi-asset broker operating since 2008, known for fast withdrawals, flexible account types, and strong regulatory coverage across multiple regions.
We break down Exness’s regulatory framework, supported trading platforms including MetaTrader 4, MetaTrader 5, Exness Terminal, and the Exness Trade App, as well as available account types such as Standard, Pro, Zero, and Raw Spread.
You’ll also learn about Exness’s leverage options, fees and commissions, swap-free trading, available instruments across forex, commodities, indices, stocks, and cryptocurrencies, and what traders can expect in terms of execution, funding speed, and customer support.
Watch the full review to see whether Exness aligns with your trading goals and strategy.
👉 Explore Exness’s full broker listing on the Finance Magnates Directory:
https://directory.financemagnates.com/multi-asset-brokers/exness/
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Exness #ExnessReview #Forex #FinanceMagnates #ForexBroker #BrokerReview #CFDTrading #OnlineTrading #MarketInsights
In this video, we take an in-depth look at @Exness , a global multi-asset broker operating since 2008, known for fast withdrawals, flexible account types, and strong regulatory coverage across multiple regions.
We break down Exness’s regulatory framework, supported trading platforms including MetaTrader 4, MetaTrader 5, Exness Terminal, and the Exness Trade App, as well as available account types such as Standard, Pro, Zero, and Raw Spread.
You’ll also learn about Exness’s leverage options, fees and commissions, swap-free trading, available instruments across forex, commodities, indices, stocks, and cryptocurrencies, and what traders can expect in terms of execution, funding speed, and customer support.
Watch the full review to see whether Exness aligns with your trading goals and strategy.
👉 Explore Exness’s full broker listing on the Finance Magnates Directory:
https://directory.financemagnates.com/multi-asset-brokers/exness/
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Exness #ExnessReview #Forex #FinanceMagnates #ForexBroker #BrokerReview #CFDTrading #OnlineTrading #MarketInsights
