An Interview with George Davis, CEO and Co-Founder at Lorum

Lorum: A Specialist in Clearing and Cash Management

Lorum is a specialist correspondent institution dedicated to clearing and cash management for financial institutions. The company aims to enhance the speed and certainty of fund movement across markets by providing named accounts with direct access to local schemes. This approach reduces the need for multiple correspondent relationships and offers intraday liquidity.

Lorum differentiates itself through its unique incentive model, focusing solely on clearing and cash management without engaging in lending or deposit competition. This allows the company to optimize for transaction velocity, control, and predictability. By consolidating correspondent networks, Lorum enables institutions to issue named local accounts and manage liquidity through a single platform.

Originally known as Fuse, Lorum began by providing named virtual accounts and local clearing services. The shift to a correspondent banking model required new licensing, direct scheme access, and internal controls, leading to the rebranding as Lorum. Today, Lorum processes billions in transaction volume and serves as a critical clearing infrastructure for global financial entities.

Lorum is expanding its global clearing and treasury infrastructure in three main areas:

Deeper Local Access: Increasing licenses and direct connections to local schemes to enhance client control over timing and liquidity. Improved Treasury Tools: Introducing tools for real-time liquidity management across currencies and regions, including programmatic settlement and real-time reporting. Expanded Market Reach: Facilitating entry into new markets without the need for rebuilding clearing stacks, supporting multiple markets through a single correspondent relationship.

For more information, visit the Lorum website .

Based on reporting by techround.co.uk.