Entries by admin

Tesco cyber-attack provides regulatory food for thought

Every little helps when it comes to controlling the financial system, but Giles Kenwright of Delta Capita explains why the Tesco cyber-attack will hopefully trigger banks and regulators to look at the bigger compliance picture . A cyber-attack that wiped £2.5 million from a major supermarket’s client accounts in just a few hours, should ring […]

Clock synchronisation…time is ticking

MiFID II’s clock synchronisation rules have given the buy-side plenty to think about, Hayley McDowell looks at the challenges and how technology is helping. In August this year, UBS signed an agreement with the National Physical Laboratory in the UK to implement its time accuracy technology, ahead of regulatory synchronisation reporting requirements. The technology was […]

Worth more than the paper it’s written on

Can collateral optimisation work if legal agreement execution remains pedestrian? Bimal Umeria and Jonathan Adams of Delta Capita take a look The slow, fragmented and manual process of changing legal agreements increases risk for all market participants. One consequence of multi-jurisdictional business growth, product diversity and increasing regulation is that the contractual process becomes more […]

Too early for the buy side?

Awareness building is imperative to ensure that collateral management efficiency is given focus so that is can have an impact on the bottom line, according to Jonathan Adams of Delta Capita. Earlier in 2016, it was reported that despite some considerable investment and development of collateral management applications, utilities and services, there was very little […]

ESMA guidance on Mifid II comes just in time

Giles Kenwright, head of regulatory advisory at Delta Capita, reacts to ESMA’s latest Q&A on Mifid II, as market participants face a race against the clock just over a year out from implementation.  Hot on the heels of the FCA’s consultation paper at the start of this month, ESMA Q&A guidance for Mifid II undoubtedly […]

Plato Partnership selects Delta Capita

Delta Capia selected to deliver corporate governance, operations management and project services for Plato Partnership, and to coordinate its Market Innovator. London – Delta Capita, the business and technology consulting firm, has been appointed as the official consulting partner and managed services provider to Plato Partnership. The move follows the go-live of Plato’s cooperation agreement, […]

PSD 2 – General Overview

PSD 2 – General Overview The Payment Service Directive (PSD, 2007) provided the legal foundation for the creation of a European Union-wide single market for payments. The Directive offered economies of scale and supported the Single Euro Payments Area (SEPA) in practice. Furthermore, the PSD is said to have eased access for both market entrants […]