The correspondent institution built for banks
Global clearing, named accounts and treasury from a single counterparty. No lending book, 100% reserve, so your balances stay available and earn.
Correspondent banking is not broken. Its incentives are.
An institution designed to lend has a structural incentive to hold deposits. At the banks serving the mid-market, loan-to-deposit ratios run above 75%, so every balance you leave is already earmarked for a loan book. Releasing it quickly competes with the economics of keeping it.
Lorum has no loan book. Client funds sit 100% reserved in named accounts, so releasing them costs us nothing. You cannot optimise for yield and velocity at the same time, and we only optimise for one.
Central bank
Customer
Correspondent bankSponsor bank
IntermediariesClear globally, in one hop
Direct access to Fedwire, ACH, SEPA, Faster Payments and CHAPS through a single integration. Adding a market is a configuration change, not a new banking relationship.
Accounts in your own name
Named accounts, not a pooled position inside a correspondent's omnibus. Segregation is architectural, not contractual: the funds are there because the structure guarantees it.
Your correspondent earns. You should.
Operational balances earn while staying 100% reserved and available for settlement. Nothing is lent against them, so nothing has to be recalled before you can move.
The whole treasury surface
Wholesale FX, automated sweeps and one view across every currency you hold. What used to take a web of correspondents, prime brokers and custodians now sits with a single counterparty.
Built around your bank, not a loan book
FAQs
They route international payments through Lorum instead of a chain of upstream correspondents, hold named accounts in their own name, and manage operational balances through the same API. One counterparty replaces the correspondent, the FX broker and the custodian.
Those institutions lend. Your balances fund their loan book, which gives them a reason to hold rather than release. Lorum has no loan book and holds client funds 100% reserved, so releasing them quickly costs us nothing.
In named accounts, segregated per holder rather than pooled in an omnibus. All client funds are backed one to one by liquid assets, with no rehypothecation and no commingling of client and operational funds.
Balances that would otherwise sit idle in a nostro account can earn while remaining fully reserved and available for settlement. Rates and terms are agreed per counterparty during onboarding.
Standard correspondent due diligence: licensing, ownership, financial crime controls and expected flows. Once approved, named accounts and API credentials are issued, and adding further markets afterwards is a configuration change rather than a new relationship.