Delta Capita has acquired Report Hub, the pre- and post-trade reporting solution developed by the Depository Trust & Clearing Corporation (DTCC). The platform will become part of Delta Capita’s services for OTC derivatives and securities operations.
Report Hub supports reporting obligations under 14 regulatory regimes in eight jurisdictions, including EMIR, MiFID, SFTR, MAS, ASIC and CFTC. It provides pre-trade data validation as well as post-trade submission, aiming to reduce errors and improve compliance processes for firms operating in multiple markets.
Following the deal, Delta Capita’s client list expands to about 250 institutional customers worldwide, covering banks, hedge funds and asset managers across Europe, Asia-Pacific and North America.
Focus on operational services
The acquisition adds to Delta Capita’s managed services in areas such as trade reporting, derivatives operations, structured products, post-trade processing, market infrastructure, pricing, risk and KYC.
Earlier this year, Delta Capita signed a multi-year agreement with HSBC to provide global OTC derivatives confirmation and settlement services. The purchase of Report Hub continues this trend of building technology-based post-trade and regulatory capabilities.
