Delta Capita has been selected by Daiwa Capital Markets Europe to provide its fully managed Client Lifecycle Management (CLM) service.
Contributor
London, 9 July 2024 – Delta Capita, a leading global Financial Services consulting, managed services and technology provider, has been selected by Daiwa Capital Markets Europe, the investment banking subsidiary of Daiwa Securities Group Inc., one of Japan’s largest brokerages and financial services groups, to provide its fully managed Client Lifecycle Management (CLM) service to the investment bank.
Delta Capita’s managed CLM service combines leading CLM technology and teams of expert KYC analysts to provide a fully managed service to the finance industry to reduce operational costs and improve efficiency, whilst enabling financial institutions to comply with their regulatory obligations.
The managed CLM service covers the full client lifecycle; from the initial onboarding, AML, KYC risk assessment, screening, compliance with global regulations, ongoing monitoring, and periodic review cycles and offboarding.
Joe Channer, CEO Delta Capita, commented, “We are delighted to welcome Daiwa Capital Markets Europe onboard as a new client of our managed end-to-end CLM service. This is a further endorsement of Delta Capita’s global CLM capabilities and follows on the heels of our recent acquisition of LSEG’s CLM technology. We look forward to working with Daiwa to form a lasting, fruitful relationship between our companies.”
Megan McDonald, Chief Executive Officer, Daiwa Capital Markets Europe, said: “With international investors currently looking to increase their exposure to Japan, it is crucial that we are able to provide a best-in-class service to clients to help them to meet their objectives. Following a thorough review of options in the market for a managed CLM service, we decided to contract with Delta Capita. Their experience in providing managed services, particularly in CLM, gives us great confidence that we can continue to respond the resurgence of European interest in Japan and continue to support our client base across the region.”
Find out more about Delta Capita’s CLM services here.
About Delta Capita
Delta Capita, the Financial Services division of Prytek, is a leading global Financial Services consulting, managed services, and technology provider with a unique combination of experience in financial services and capability in technology innovation. Delta Capita provides services in Client Lifecycle Management, Structured Products, Post Trade, Cyber Security, Trading, Pricing & Risk, Payments Transformation and Market Infrastructure. Headquartered in the UK, Delta Capita has more than 1,200 professionals across its offices in London, Germany, India, Ireland, Netherlands, Singapore, and USA. Delta Capita specialises in the creation of multi-client managed services with technology, people, and infrastructure.
About Daiwa Capital Markets Europe
Daiwa Capital Markets Europe Limited (DCME) is the wholly owned investment banking subsidiary of Daiwa Securities Group Inc., one of Japan’s largest brokerages and financial services groups.
DCME’s European headquarters were established in London 60 years go. With offices now throughout Europe and the Middle East, the firm leverages its Japanese heritage to offer clients global expertise and unique insights, working seamlessly with the broader Daiwa network to support clients in 23 countries across the world.
As a brokerage, DCME acts as a bridge within the global financial system, strategically directing investments towards companies that aspire to contribute to enabling longer, better lives.
For more information, visit Daiwa Capital Markets Europe Ltd.