Friday, November 22, 2024
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Daiwa Capital Markets Europe selects Delta Capita for CLM solution

Daiwa Capital Markets Europe (DCME) Partners with Delta Capita for Client Lifecycle Management: Key Points

  1. Partnership Announcement:
    • DCME has chosen Delta Capita, a UK-based provider, for its fully-managed client lifecycle management (CLM) solution.
  2. DCME Background:
    • Operates as a wholly-owned subsidiary of Daiwa Securities Group, one of Japan’s largest financial services groups.
    • Headquartered in London, serving clients in 23 countries across Europe and the Middle East.
    • Offers investment banking products such as fixed income, convertible bonds, and equity services.
  3. Reason for Selection:
    • The choice was driven by international investors’ growing demand to increase exposure to Japan.
    • The partnership aims to help DCME respond to the resurgence of European interest in Japan and support its client base across the region.
  4. Delta Capita’s CLM Solution:
    • Managed service covers the full client lifecycle, including onboarding, AML, KYC risk assessment, screening, compliance, ongoing monitoring, periodic reviews, and offboarding.
  5. Recent Delta Capita Development:
    • The partnership follows Delta Capita’s acquisition of the London Stock Exchange Group’s (LSEG) KYC client lifecycle management compliance solution, Client On-Boarding, in April.
  6. Statements:
    • DCME CEO Megan McDonald emphasized the partnership’s importance in enabling the bank to cater to the renewed European interest in Japan.

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