Home Services & Solutions Managed services Delta Capita Teams with HSBC t...
Managed Services
CIO Bulletin
04 Febuary, 2025
The relationship between Delta Capita and HSBC delivers managed OTC derivatives confirmation and settlement services which protects both security and minimizes industry-related risks.
A multi-year agreement exists between HSBC where Delta Capita provides Over-the-Counter (OTC) derivatives confirmation and settlement services. The joint initiative seeks to boost security alongside market certainty in global derivatives markets especially for the OTC derivatives sector that amounts to 95% of the market share.
Developing secure OTC derivatives means protecting financial stability for traders operating in private negotiated contracts. HSBC selected Delta Capita to create standard post-trade processes which lowered operational risks while delivering expenses savings to the industry sector. Part of this program requires Delta Capita to deploy its managed services for securing and streamlining HSBC's global derivatives operations.
Karen Everingham who leads both HSBC's markets and securities services operations described the agreement for strengthening post-trade derivative services offered to clients.
As an organization that delivers managed services and technology solutions alongside consulting services Delta Capita previously handled development tasks for Citi's QMA software as well as Montis' MACH capital markets blockchain platform. The company aims to advance innovation and introduce scalable post-trade solutions according to Joe Channer in his leadership role as CEO.
Through this agreement Delta Capita advances its commitment to deliver infrastructure-as-a-service which provides cost-effective compliant solutions to clients alongside simple regulatory solution management.