Automated post-trade services firm Pirum Systems has appointed Frank Seibold as head of commercial development for the Americas.
Based in New York, Seibold will focus on accelerating the firm’s business in the Americas and will further refine its complete post-trade lifecycle offering.
He will work alongside Matthew Lilien, head of sales for North America, as the firm continues to scale its business in this region.
Seibold brings more than 30 years of industry experience to the role, where he previously held senior positions across financial services, data, trading and post-trade platforms.
He joins Pirum from CME Group, where he was global head of strategic relationship management and head of cash market sales.
Prior to this, Seibold held senior positions at ICAP, NEX Group and Thomson Reuters.
Commenting on the appointment, Seibold says: “Having observed the firm’s business over many years, I have been impressed by its technology, suite of products and the purposeful, client-centric and practical way Pirum has built its business.”
Jacob Koopmans, chief revenue officer at Pirum, adds: “The extent of Seibold’s previous achievements underscores the seriousness and intent with which Pirum continues to invest in our client base and presence in the Americas.
“Seibold’s open, positive and proactive personality is a perfect match for Pirum. Looking ahead, this will be an exciting new chapter in Pirum’s story.”
