Daiwa Capital Markets Europe selects Delta Capita for CLM solution
Daiwa Capital Markets Europe (DCME) has selected UK-based capital markets consulting, managed services and technology provider Delta Capita for its fully-managed client lifecycle management (CLM) solution.
Daiwa Capital Markets Europe partners Delta Capita
DCME operates as a wholly-owned subsidiary of Daiwa Securities Group, one of the largest brokerage and financial services groups in Japan.
The London-headquartered division provides clients in 23 countries across Europe and the Middle East with investment banking products including fixed income, convertible bonds, and equity services, with the company adding on its website that it maintains “strong ties with its Asian roots”.
With this, DCME CEO Megan McDonald states that its selection of Delta Capita’s CLM solution was driven by a growing demand among international investors to “increase their exposure to Japan”, with the partnership expected to enable the bank to “respond [to] the resurgence of European interest in Japan and continue to support our client base across the region”.
The vendor claims its managed service “covers the full client lifecycle”, from initial onboarding to AML, KYC risk assessment, screening, compliance with global regulations, ongoing monitoring, and periodic review cycles and offboarding.
The partnership follows Delta Capita’s acquisition of the London Stock Exchange Group’s (LSEG) end-to-end KYC client lifecycle management compliance solution, Client On-Boarding, in April.
