Delta Capita, the London-based capital markets managed service and technology provider, has chosen Fragmos Chain to enhance its managed services for post-trade processing of OTC derivatives. Fragmos Chain operates on the Common Domain Model (CDM), an industry standard developed by ISDA and other market associations to streamline data and processes in the derivatives market. By integrating Fragmos Chain’s platform, Delta Capita aims to improve efficiency, automation, and accuracy in post-trade operations, reducing complexity and costs for financial institutions.
This collaboration strengthens Delta Capita’s position as a leader in OTC operations services, supporting global financial firms in optimising their post-trade workflows. The partnership was facilitated by EuropaGrowth, a boutique firm specialising in business development and M&A within the financial technology sector.
Daniel Ivanier, CEO of Fragmos Chain, commented: “We are thrilled to collaborate with Delta Capita as a strategic partner. Their deep expertise in managed services and commitment to operational excellence aligns perfectly with our vision to transform post-trade processes. This partnership will play a crucial role in accelerating adoption of our platform and delivering value to the broader industry.”
Mark Aldous, Head of Capital Markets Managed Services at Delta Capita, added: “By leveraging the Fragmos Chain platform, we are demonstrating our commitment to lowering costs for our clients through industry innovation in post-trade operations. By standardising data and processes, the Common Domain Model will help firms to reduce reconciliation time, improve accuracy and simplify compliance, to provide a foundation for future growth and collaboration across the financial ecosystem. Together, we aim to support the industry in accelerating progress towards digitalisation and automation.
Subscribe to our newsletter
