InteDelta expands network with Asia-Pacific partnership
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InteDelta expands network with Asia-Pacific partnership 24 November 2014Singapore Reporter: Stephanie Palmer
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InteDelta has paired up with Singapore-based collateral, clearing and post-trade consultancy Deriv Asia to bring its collateral management services to the Asia-Pacific financial market.
UK-based InteDelta offers intelligence, organisational and risk management services, which it will combine with Deriv Asia’s liquidity and over-the-counter (OTC) services, along with its experience working in the Asian markets.
Sam Ahmed, founder and managing director of Deriv Asia, said: "There is certainly a lot of demand in the region for technical solutions around OTC reforms as well as cost-effective operational models and we feel partnering up with InteDelta, who bring tried and tested models from European markets can only really enhance our service levels and bring a wider range of highly developed offerings to our existing platform."
This partnership follows InteDelta’s recent deal with North American research consultancy Finadium, and is part of a plan to make services accessible for the global market.
Nicholas Newport, managing director of InteDelta, said: "This is certainly a very strategic partnership that has immediate benefits for our Asian clients as InteDelta’s advanced offerings can be immediately supported by Deriv Asia’s on-site presence in the region."
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