Delta Capita Partners with Gieom to Strengthen Financial Institutions’ Operational Resilience

Delta Capita, the global provider of consulting, solutions, and managed services, has entered a strategic partnership with Gieom, the operational risk and resilience solutions vendor. The collaboration aims to enhance operational resilience by leveraging Gieom’s AI-enabled software to automate risk management, compliance, and operational frameworks for financial institutions.

Gieom’s technology supports key regulatory frameworks, including the Digital Operational Resilience Act (DORA), the UK’s Operational Resilience requirements, and APRA CPS 230. The partnership will enable financial institutions to automate policy management, digital identity verification, and compliance monitoring, ensuring proactive risk mitigation.

By integrating Gieom’s ten-step operational resilience management system, Delta Capita expands its Governance, Risk, and Compliance (GRC) capabilities, particularly in third-party management.

Karan Kapoor, Head of Regulatory Consulting and Solutions at Delta Capita, commented:  “This partnership marks a significant step forward in our mission to empower financial institutions with the tools and expertise they need to thrive in a complex regulatory landscape. Gieom’s pioneering solutions perfectly complement Delta Capita’s consulting expertise, enabling us to deliver exceptional value to our clients.”

Vinod Menon, Chief Products Officer at Gieom, added: “Given the influx of operational resilience regulations coming into effect globally during 2025 and beyond, this partnership comes at a pivotal time. Financial institutions are recognising the need to approach their risk and resilience frameworks in a more structured way, with future-proofing in mind. Leveraging Delta Capita’s business transformation expertise and Gieom’s proven operational resilience platform, financial services firms can meet both regulatory requirements and stakeholder expectations in an appropriate, complete, and defensible manner.”

Devexperts Launches Turnkey Futures Trading Platform for Brokers

Devexperts, the global capital markets software developer, has introduced a ready-to-deploy futures trading platform, enabling brokers to expand into futures and options trading. The platform offers out-of-the-box deployment or customisation and supports trading on CME and ICE, with integration into executing destinations like CQG and StoneX. It features one-click order execution, a real-time order management system (OMS), and automated SPAN margin calculations.

The platform also includes real-time market data from dxFeed, built-in option strategies, and post-trade monitoring for portfolio liquidation. Available in a web browser and via dedicated mobile apps for both IOS and Android, the white-labelled solution is scalable for additional asset classes.

Ben Hurley, CEO of Devexperts, commented: “A number of international market factors mean we are seeing ongoing interest in futures trading worldwide. This is particularly the case in the US however, where the regulatory environment can make derivatives, such as futures, particularly appealing.”

He continued: “We try to anticipate our clients’ – and the wider markets’ – needs. We have been developing this platform for some time and are now able to provide our customers with the software they need to meet the demand they are seeing from within the market.”

Texture Capital Integrates with Canton Network to Advance Tokenized Securities Trading

Texture Capital Holdings and its subsidiaries have joined the Canton Network, the blockchain designed for institutional assets, marking a key step in expanding their tokenized securities trading capabilities. By operating a Canton node, Texture Capital is preparing to deploy its Alternative Trading System (ATS) and transfer agent services in the coming weeks.

Texture’s ATS, run by subsidiary Texture Capital Inc., will enable institutional investors to match and execute orders for tokenized securities on the Canton Network. Additionally, Texture Transfer Services LLC will provide registered transfer agent services, maintaining official securities ownership records. The ATS is set to launch in Q1, supporting greater adoption of blockchain-based financial markets.

Richard Johnson, CEO of Texture Capital, commented: “Canton has clearly found deep product market fit as evidenced by the robust ecosystem comprising dozens of global investment banks, exchanges, and institutional asset managers. As a specialist in tokenization and digital assets, Texture Capital looks forward to working with other Canton Network participants and enhancing capital markets workflows leveraging blockchain technology.”

Eric Saraniecki, Co-Founder and Head of Network Strategy at Digital Asset, added: “Texture Capital’s expertise in digital securities marketplaces aligns seamlessly with our mission to revolutionize the management of real-world assets through Canton’s privacy-enabled public blockchain solutions. Texture Capital’s integration, and their plans to launch tokenization and trading services on Canton, highlight the growing strength and diversity of our ecosystem.”

DOO Clearing Partners with Aurum Solutions to Automate Reconciliation and Ensure CASS Compliance

DOO Clearing, the UK-based FX broker and liquidity provider, has implemented Aurum Solutions’ reconciliation automation software to enhance compliance with the FCA’s Client Asset Sourcebook (CASS) regulations.

The automation software ensures fast and accurate reconciliation, reducing the risk of human error and enabling DOO Clearing to meet regulatory requirements efficiently. Additionally, the implementation has saved the company approximately two hours per day in reconciliation tasks, freeing up resources for other core activities. Aurum’s system also facilitates multi-party reconciliations and generates detailed daily reports, supporting compliance and external audits.

Nadine Howard, CEO and Director at DOO Clearing, commented: “Being a small team, we all wear many hats to keep the business running smoothly. Automating our reconciliations has been game-changing in getting valuable time back and enhancing productivity. The benefits of Aurum aren’t just about cost and time-savings; the platform has been instrumental in ensuring we’re meeting regulatory requirements and maintaining the highest standards of operational integrity. This has given us – and the FCA – the confidence that we’re fully compliant and freed up our team to focus on delivering value for our customers.”

LSEG Launches Research & Insights App on LSEG Workspace

LSEG has introduced the LSEG Research & Insights app, now available on LSEG Workspace. This new app centralises LSEG’s extensive research and insights, offering users a seamless way to access a wide range of proprietary content in one location. Designed to enhance discoverability, the app provides intelligence to support informed investment and trading decisions.

The platform features insights from a broad array of experts, including commodities researchers, Sustainable Finance Investment analysts, Deals Intelligence, fixed income specialists, and FTSE Russell Investment Research. It also integrates data from LSEG’s leading publications, such as StarMine, Lipper, and Yield Book, alongside economic insights from Datastream.

Dean Berry, LSEG’s Group Head of Workflows, commented: “The launch of LSEG Research & Insights is a strategic milestone in enabling our customers to discover LSEG’s leading, proprietary, valuable insights content, all in one place, on Workspace, providing actionable intelligence that informs better investment and trading decisions. Workspace is delighting customers with seamless end-to-end financial workflows, and unparallel content.”

Delta Capita Secures Multi-Year Agreement with HSBC for OTC Derivatives Services

Delta Capita, the financial technology and managed services provider, has been selected by HSBC to provide OTC derivatives confirmation and settlement services under a multi-year agreement. This partnership reinforces Delta Capita’s commitment to delivering efficient and standardised post-trade processes through its infrastructure-as-a-service model, aimed at reducing industry costs and meeting regulatory demands.

To support its expanding global client base, Delta Capita has established strategic hubs in Kuala Lumpur and Manila, ensuring 24/7 operational coverage. This latest milestone builds on the firm’s recent growth, including strategic acquisitions and technological advancements in capital markets.

Karen Everingham, Head of Markets and Securities Services Operations at HSBC commented: “The agreement we have established with Delta Capita opens up new opportunities for us to enhance our Derivative Post-Trade Services for our valued clients.”

Joe Channer, CEO of Delta Capita, added: “We are delighted to have been appointed by HSBC to provide operational services. This collaboration reflects our expertise in delivering cost-efficient, scalable post-trade solutions and reaffirms our commitment to driving innovation in financial services.”

Adaptive Reports 69% Growth in Product Revenue and Launches New Brand

Adaptive, the custom trading technology solutions provider, has reported significant growth in 2024, with product revenue increasing by 69% and overall revenue rising by 10%. The company expanded its client base, launched a new brand and website to reflect its evolution, and strengthened its leadership team. These milestones highlight Adaptive’s transformation from a capital markets consultancy to a global provider of cutting-edge trading platforms.

The year saw significant investment in Adaptive’s Aeron technology, including new open-source capabilities, premium components, and enhanced community engagement through Aeron Community MeetUps, which attracted over 600 participants from 200 companies.

Adaptive also deepened cloud partnerships, introducing Aeron Premium on Microsoft Azure and publishing performance reports on Google Cloud. Workforce expansion, including a 35% increase in the product team, reflects the company’s commitment to innovation and global service delivery, and underscores its growing expertise in cloud-native trading solutions and proprietary technology accelerators.

Commenting on the growth, Matt Barrett, CEO of Adaptive, said: “2024 has been a year of milestones for Adaptive. As well as growing our revenue, client base and headcount, we have made several strategic investments in our capabilities – deepening our offering and ensuring that we can continue to support our clients in staying two steps ahead in fast-changing markets.

“The hard work of our team over the past twelve years has culminated in the business that we have today – a business that excels in developing proprietary technology accelerators and complex trading platforms, while deepening our partnerships with major cloud providers. This is why we are proud to unveil our new brand – reflecting our heritage, evolution and continued commitment to transforming capital  markets through technology.”

DMIST Proposes New Standard for Streamlining Position Transfers in Derivatives Markets

The Derivatives Market Institute for Standards (DMIST), an independent body established by FIA in July 2022, has released its third proposed standard, targeting the automation of position transfers in exchange-traded derivatives markets. This initiative seeks to enhance operational efficiency and resiliency while mitigating regulatory and operational risks associated with the current predominantly manual process.

The proposed “Standard Regarding Position Transfers” addresses the movement of open positions between accounts within the same clearing firm or across different firms. Such transfers are critical for risk management, margin optimisation, portfolio balancing, and adapting to changes in ownership due to mergers and acquisitions.

DMIST has initiated a consultation period open to all industry stakeholders, running until 21 March 2025, with a finalised standard expected by the end of Q2 2025. Comments can be submitted via DMIST’s website, with all feedback publicly accessible. This standard marks a pivotal step towards automating position transfer workflows, promising improved communication between clearing members and clients.

BlockFills Partners with Revelate to Enhance Crypto Data Distribution

Revelate, the secure data marketplace platform provider, has partnered with BlockFills, a provider of digital asset trading solutions. Through the collaboration, BlockFills will leverage Revelate’s platform to automate and scale the delivery of its crypto-enriched data products, including Reference Rates and Aggregated Book Data. The integration aims to provide institutional clients with seamless access to high-quality, data-driven crypto insights.

As demand for robust crypto data continues to grow among institutional investors, BlockFills is expanding its offerings with additional solutions. By adopting Revelate’s data-sharing technology, BlockFills aims to streamline its distribution processes, ensuring secure, efficient, and scalable delivery to meet the evolving needs of its clients.

Nick Hammer, CEO of BlockFills, commented: “Our clients demand the highest quality digital asset data to inform their trading strategies. Our partnership with Revelate allows us to meet this demand with greater efficiency. By adding to the distribution of our crypto-enhanced data, we are delivering a seamless experience that aligns with the exacting standards of institutional investors.”

Marc-André Hétu, General Manager at Revelate, added: “We’re excited to support BlockFills in optimizing the distribution of its in-depth data offerings. Revelate’s platform is designed to enable secure, scalable data sharing, helping organizations like BlockFills provide its clients with the insights they need to thrive in the digital asset markets.”

Canton Network and Digital Asset Partner to Revolutionise Crypto Derivatives Collateral Management

The Canton Network, in collaboration with Digital Asset, QCP, and select counterparties, has launched a project to introduce an advanced on-chain collateral and margin management solution for bilateral derivatives. The initiative leverages the Canton Network’s robust privacy features to address inefficiencies in the crypto derivatives market, which suffers from over-collateralisation and the high costs associated with tri-party agents.

Key features include smart contract-based collateral agreements that comply with ISDA CSA margin requirements, automated workflows, real-time access to a shared ledger, and tokenised collateral pledging. The solution enhances operational efficiency while preserving transaction privacy by restricting access to sensitive data. Benefits for market participants include 24/7 on-demand margining, shorter margin cycles, and integration of stablecoins and real-world assets within the Canton Network.

Georg Schneider, Head of Financial Products at Digital Asset, commented: “This collaboration underscores Digital Asset’s dedication to revolutionizing market infrastructure through innovative, blockchain-powered solutions within the Canton Network. We are excited to bring privacy to on-chain collateral management, which will allow for the automated flow of funds between counterparties in a secure way without publicly disclosing open derivatives positions.”

Darius Sit, Founder and CIO at QCP, added: “We are excited to spearhead this initiative with the Canton Network to redefine the future of derivatives markets. Its unique ability to deliver privacy forms the foundation for a groundbreaking global collateral network, enabling seamless and secure connections across trading venues, brokers, investors, and FMIs. By addressing inefficiencies in collateral management, this initiative reinforces our commitment to providing clients with trusted, efficient, and scalable solutions that redefine market standards.”