Delta Capita releases DLT-based solutions suite using SETL technology
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Delta Capita releases DLT-based solutions suite using SETL technology 11 October 2023UK Reporter: AST
Image: AdobeStock/Anastasia
Delta Capita has released a suite of DLT-based solutions to support the advance of its capital markets ecosystem.
The company has acquired distributed ledger technology from blockchain solutions specialist SETL and launches its MACH Distributed Ledger product with six component modules, spanning trade settlement, tokenisation, reconciliations, digital asset issuance and custody, KYC and improved interoperability between DLT systems.
Delta Capita indicates that the release of this product suite represents a key step in its ambition to build a next generation capital markets ecosystem, developed with Montis Group as its anchor client.
Philip Coleman, Delta Capita’s chief technology officer, says: “Today’s launch of MACH is a clear demonstration of Delta Capita’s commitment to reinventing the financial services value chain, and being at the heart of what is an incredibly exciting next chapter for capital markets and technology innovation.
“We look forward to onboarding both new and existing clients onto our platform and to take their transaction processing to an entirely new level of efficiency.”
The company’s chief product officer, Alan Philpot, comments: “Each of the DLT solutions that we are bringing to market have been uniquely designed to drive significant operational efficiencies, enhanced security, increased liquidity and improved cost savings for our clients.
“By combining Delta Capita’s MACH technology solutions with our team’s deep technical and consulting expertise, we are ready to help clients meet today’s evolving regulatory and costs reduction demands with ease.”
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Image: AdobeStock/Anastasia 