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Daiwa Capital Markets Europe selects Delta Capita for its CLM solution.

July 11, 2024
1 Min Read

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.

One of the biggest brokerage and financial services firms in Japan, Daiwa Securities Group, runs DCME as a wholly-owned subsidiary.

The business, which has its headquarters in London, offers investment banking services, convertible bonds, and equity products to clients in 23 countries in Europe and the Middle East. The company notes on its website that it still has "strong ties with its Asian roots."

A growing desire among foreign investors to "increase their exposure to Japan" led DCME CEO Megan McDonald to choose Delta Capita's CLM solution, and the partnership is anticipated to help the bank "respond [to] the resurgence of European interest in Japan and continue to support our client base across the region."

The provider asserts that its managed solution "covers the full client lifecycle," including initial onboarding, AML, screening, KYC risk assessment, compliance with international laws, continuous monitoring, and recurring review cycles and offboarding.

The collaboration comes after Delta Capita purchased customer On-Boarding, the London Stock Exchange Group's (LSEG) end-to-end KYC customer lifecycle management compliance solution, in April.

 

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