Delta Capita announced it’s acquired the Report Hub pre- and post-trade reporting solution from The Depository Trust & Clearing Corporation (DTCC), adding to its growing portfolio of solutions for OTC derivatives and securities operations. Financial details were not disclosed.
Report Hub provides a highly efficient solution for pre- and post-trade reporting, helping firms manage the complexities of global regulatory reporting mandates in eight global jurisdictions and 14 regulatory regimes, including EMIR, MiFID, SFTR, MAS, ASIC and CFTC.
This acquisition extends Delta Capita’s client base to nearly 250 institutional clients globally including banks, hedge funds assets managers across Europe, APAC and North America and accelerates Delta Capita’s vision to deliver managed services and technology in complex operational areas across the financial services industry.
Joe Channer, CEO at Delta Capita, said in a statement: “Through further investment and innovation we expect Report Hub to become the industry’s first choice for multi-jurisdictional pre-reporting and post-reporting obligations. Combined with our regulatory operations and advisory capabilities, Delta Capita now offers a complete range of services to support clients regulatory reporting, accelerating our strategy for delivering mutualized managed services across the capital markets value chain.”
Mark Aldous, global head of Capital Markets Managed Services at Delta Capita, said in a statement: “Report Hub complements Delta Capita’s existing range of specialist managed services and technologies across derivatives and structured products, post-trade, market infrastructure, pricing and risk, and KYC services.”