Delta Capita Expands CLM Managed Services Following Acquisition of LSEG Onboarding Solution

Delta Capita, a capital markets consulting, managed services and technology provider, is planning to extend its offer of managed services in client lifecycle management (CLM) following the acquisition of LSEG’s client onboarding solution.

The LSEG solution is based on Thomson Reuters’ 2013 acquisition of GoldTier Technologies, a provider of client onboarding software. Thomson Reuters Financial and Risk business, of which GoldTier was a part, was later rebranded Refinitiv under the majority ownership of Thomson Reuters and Blackstone, and the whole acquired by LSEG in 2021.

Delta Capital will use the acquired client onboarding solution, which provides a KYC and CLM platform, in conjunction with its existing Karbon suite, which consists of KYC client lifecycle compliance services, tools and solutions. Following the mandate, the solution’s existing institutional clients in the UK, Europe, North America, Singapore, Hong Kong and Australia have migrated to Delta Capita. LSEG will remain a client of the service.

Philip Freeborn, co-head of global markets and wholesale banking services at Delta Capita, says: “There is growing demand from our clients for a full managed service offering in KYC and CLM. With our latest acquisition, Delta Capita can provide additional services, including full enterprise grade CLM technology, due diligence and client outreach services. This allows clients to simplify their businesses, achieve a price per file model and reduce compliance risk.”