Delta Capita selects Fragmos Chain for OTC post-trade processing
18 February 2025 UK
Image: Prasanth/stock.adobe.com
Delta Capita has selected Fragmos Chain to enhance its managed services for post-trade processing of uncleared OTC derivatives.
Fragmos Chain is built upon the Common Domain Model (CDM), the industry’s global standard for post-trade processing in the derivatives market, fostered by the International Swaps and Derivatives Association (ISDA) and other market associations.
Daniel Ivanier, CEO of Fragmos Chain, comments: "[Delta Capita’s] deep expertise in managed services and commitment to operational excellence aligns perfectly with our vision to transform post-trade processes.
“This partnership will play a crucial role in accelerating adoption of our platform and delivering value to the broader industry."
The CDM provides a unified framework for data and processes, with the aim of enabling financial institutions to achieve efficiency, automation, and accuracy.
By integrating this standard, Fragmos Chain aims to provide interoperability and compliance, while reducing operational complexity and cost.
Mark Aldous, head of capital markets managed services at Delta Capita, adds: "By standardising data and processes, the Common Domain Model will help firms to reduce reconciliation time, improve accuracy, and simplify compliance, to provide a foundation for future growth and collaboration across the financial ecosystem.
“Together, we aim to support the industry in accelerating progress towards digitalisation and automation.”
This strategic collaboration was facilitated by EuropaGrowth, a business development and M&A boutique specialising in connecting innovative technology firms with strategic partners in the financial industry.
Fragmos Chain is built upon the Common Domain Model (CDM), the industry’s global standard for post-trade processing in the derivatives market, fostered by the International Swaps and Derivatives Association (ISDA) and other market associations.
Daniel Ivanier, CEO of Fragmos Chain, comments: "[Delta Capita’s] deep expertise in managed services and commitment to operational excellence aligns perfectly with our vision to transform post-trade processes.
“This partnership will play a crucial role in accelerating adoption of our platform and delivering value to the broader industry."
The CDM provides a unified framework for data and processes, with the aim of enabling financial institutions to achieve efficiency, automation, and accuracy.
By integrating this standard, Fragmos Chain aims to provide interoperability and compliance, while reducing operational complexity and cost.
Mark Aldous, head of capital markets managed services at Delta Capita, adds: "By standardising data and processes, the Common Domain Model will help firms to reduce reconciliation time, improve accuracy, and simplify compliance, to provide a foundation for future growth and collaboration across the financial ecosystem.
“Together, we aim to support the industry in accelerating progress towards digitalisation and automation.”
This strategic collaboration was facilitated by EuropaGrowth, a business development and M&A boutique specialising in connecting innovative technology firms with strategic partners in the financial industry.
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