Delta Capita and The Field Effect Announce Strategic Alliance

Delta Capita and The Field Effect Announce Strategic Alliance
14.03.2018 07:26 am

Delta Capita and The Field Effect Announce Strategic Alliance

Infrastructure

Delta Capita, the international business & technology consulting and managed services firm, has announced a strategic alliance with The Field Effect, a London-based consultancy specialising in securities financing, clearing and collateral management.

The alliance will deliver a strong combined capability in prime brokerage, securities finance and collateral management designed to help clients address transformational change and regulatory requirement initiatives including the Securities Financing Transaction Regulation (SFTR) that aims to increase the transparency of securities financing transactions (SFTs). Firms urgently require a comprehensive review of their reporting and reconciliation processes however can be missing as much as 40% of the data required for SFTR reporting and 60% of their processes are impacted by the regulation.

In addition to combining the extensive pre- and post-trade expertise of both firms, The Field Effect brings significant strategy, operating model, road mapping and business case expertise, with Delta Capita delivering technology and data & integration solutions, managed service experience and consortia management capabilities.

Commenting on the alliance, David Field, Founder & Managing Director of The Field Effect, said “The combination of our respective strengths will serve to provide both our clients with the very best of solutions spanning consulting advice, technological solutions & delivery, and managed services.”

Joe Channer, Delta Capita, Founder & CEO, added "We are delighted to announce this strategic alliance with The Field Effect. SFTR is a very significant piece of regulation impacting almost every aspect of the trade lifecycle. It requires changes to operating models, considerable data engineering programmes and new technology solutions to address these challenges. This collaboration will allow both our firms to best service their respective clients and meet the inbound interest by offering a full scope service at scale.

Channer added, “Delta Capita is highly experienced at facilitating industry consortia and in creating and managing shared industry platform solutions. Meeting the SFTR requirements has created some common challenges across the industry and we are evaluating collaborative and mutualised models designed to help the industry meet its regulatory commitments in the most cost effective and efficient way.“

Related News

Spotcap Announces Fintech Fellowship Winner for 2018

Spotcap today announced Sophie Peacock as the winner of the Fintech Fellowship for 2018. Running for its second consecutive year, the Fellowship awards one UK-based masters or... Read more »

Signicat joins ETSI team guiding digital signature standards

Signicat, a leader in trusted digital identity, has joined the European Telecommunications Standards Institute (ETSI),... Read more »

Paybase to Host Collaborative Workshop and Networking Event for Marketplaces and Gig/Sharing Economy Platforms

Paybase has announced the first of its collaborative workshops for marketplace and gig/sharing economy platform founders. The event will be held at Paybase’s London office on... Read more »

Wolters Kluwer Announces Interoperability with RSA Archer® to Provide Regulatory Data Feed

 Wolters Kluwer has announced the launch of a data feed service of its market-leading regulatory content for... Read more »

Asda Taps HCL Technologies To Help Drive IT Transformation

HCL Technologies (HCL), a leading global technology company, today announced that it has been selected to help drive IT transformation at... Read more »

Ant Financial launches Ant Financial Technology brand

Ant Financial launches Ant Financial Technology, a new brand supporting the growth of financial institutions, at ATEC 2018 in Hangzhou, China. 

HANGZHOU, August 20, 2018... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App