Making money
work for
the world
Unmatched expertise in trade settlement across markets, coupled with our advanced collateral financing and optimization solutions, gives us a unique perspective and global reach. In addition, we bring unparalleled insight as the primary settlement provider for the U.S. Treasury market.
Our adaptable solutions aggregate and optimize your collateral assets, delivering transformative visibility and efficiency.
Unlocking the potential of Collateral Optimization
Institutions face significant challenges in collateral management, from the inability to view trades, exposures, and collateral inventory in real-time to the need for scalable, flexible optimization and efficient allocation.
BNY and Pirum have come together to tackle these issues, offering scalable and flexible solutions to help enhance operational efficiency and transform your collateral management process.
Introducing ECPOConnect®
An integrated, end-to-end enterprise optimization solution, leveraging BNY’s collateral service, ECPO, and Pirum’s CollateralConnect service.

Comprehensive Connectivity
Real-time, two-way connectivity across collateral locations and industry participants
Extensive
Data Set
Real-time receipt and processing of all key sources and uses of collateral transactions
Powerful &
Scalable Optimizer
Highly scalable and tested optimizer with flexible cost modeling to help financial resource usage
Collateral
Mobilization
Triparty settlement capabilities available. Bilateral and cross-venue coming soon
BNY’s ECPO service is leading collateral optimization in the market. Processing over $5 trillion in collateral daily, it gives you the ability to optimize your collateral
portfolio across multiple venues.
Pirum’s CollateralConnect service provides a fully integrated, interoperable network hub which is designed to help industry participants seamlessly connect, consolidate and automate $4.7 trillion of transaction, margin and collateral management across multiple business lines, underlying products and collateral locations.
Our joint service offers triparty, bilateral OTC, cleared and exchange optimization, allowing users to achieve whole portfolio optimization through a single solution.
Multi-sided benefits across your Collateral World
An industry-leading solution that solves key challenges and delivers material benefits.

Achieve highly resilient, scalable, customizable whole portfolio optimization in a fraction of the time

Fully outsourced and connected solution delivered as a full SAAS solution that considers costs from various angles

Seamless client experience for centralizing your collateralized product needs in one place

Help minimize execution risk with two trusted platforms and providers with access to an unparalleled dataset
By the numbers
Collateral Optimization
BNY
Pirum
All annual data numbers are based on 2024; all other data points, unless otherwise stated, are as of Q1 2025.
Award-winning collateral optimization
ECPOConnect® has been named Collateral Solution of the Year by Securities Finance Times at the 2024 Industry Excellence Awards.
