Daiwa Capital Markets Europe (DCME) Partners with Delta Capita for Client Lifecycle Management: Key Points
- Partnership Announcement:
- DCME has chosen Delta Capita, a UK-based provider, for its fully-managed client lifecycle management (CLM) solution.
- 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.
- 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.
- 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.
- 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.
- Statements:
- DCME CEO Megan McDonald emphasized the partnership’s importance in enabling the bank to cater to the renewed European interest in Japan.