Best Execution
  • Home
  • Publication

    Best Execution

    • Current issue
    • Back issues
    • Profiles
    • Viewpoint
    • Market Opinion
    • Supplements
  • Topics

    Topics

    • Equities Trading
    • Fixed Income Trading
    • Derivatives Trading
    • FX – Foreign Exchange
    • Post-trade
  • Partners
  • Listings
  • Awards

    European Women in Finance Awards

    • European Women in Finance – The Programme
    • European Women in Finance – The Winners
  • Events
  • About us

    About us

    • Marketing
    • Media info
    • Contact
  • Newsletter
  • Login
  • Home
  • Publication
    • Current issue
    • Back issues
    • Profiles
    • Viewpoint
    • Market Opinion
    • Supplements
  • Topics
    • Equities Trading
    • Fixed Income Trading
    • Derivatives Trading
    • FX – Foreign Exchange
    • Post-trade
  • Partners
  • Listings
  • Awards
    • European Women in Finance – The Programme
    • European Women in Finance – The Winners
  • Events
  • About us
    • Marketing
    • Media info
    • Contact
  • Newsletter
  • Login
HomeNewsIHS to acquire Cappitech
Previous Next

IHS to acquire Cappitech

Posted by: Lynn Strongin Dodds, January 11, 2021
Tweet
Share
Share
Pin
0 Shares
Ronen Kertis, CEO, Cappitech.
Ronen Kertis, CEO, Cappitech.

IHS Markit, a specialist in information, analytics and solutions firm, has acquired compliance technology provider Cappitech, to expand its suite of global, multi-asset class regulatory reporting offerings to the financial industry.

Details of the transaction are undisclosed, but the aim is to deliver a single global regulatory reporting solution that meets the fast-evolving needs of clients.

The demand for regulatory reporting has grown exponentially with the onslaught of regulations since the financial crisis in 2008.  A survey published by Cappitech last November showed that 65% of the companies polled had to change their reporting due to inefficiencies and errors.

Pierre Khemdoudi, Managing Director, Securities Finance, Delta One and Dividend Forecasting, IHS Markit.
Pierre Khemdoudi, Managing Director, Securities Finance, Delta One and Dividend Forecasting, IHS Markit.

Regulatory reporting demands will continue to grow rapidly around the globe and customers are looking for a reliable, frictionless and cost-effective way to comply with requirements across jurisdictions,” said IHS Markit’s managing director for global equities, Pierre Khemdoudi, said.

Ronen Kertis, Cappitech’s CEO and Founder, added, “Based on our extensive engagement with IHS Markit over the past two years, we are confident that combining our mutual successes and sector expertise will enable us to accelerate our product enhancement and services for the benefit of our global clients.”

IHS and Cappitech joined forces in 2019 to offer a best-of-breed solution that automates and streamlines transaction reporting to trade repositories for all securities finance instruments reporting under the Securities Finance Transaction Regulation.

It has been a busy time for IHS who is also set to buy New York-based S&P Global for $44 bn in the second half of this year, subject to regulatory approval.

The market for financial information has increased sharply, driven by more complex products and algorithm-driven strategies.

Spending grew around 5.6% in 2019 to a record $32 bn and while Covid-19 has had an impact, it has remained relatively resilient, only dipping marginally, according to a study by Burton-Taylor International Consulting.

©BestExecution 2020

Back to Top
0

Tags: Cappitech, financial market data, IHS Markit, Regulatory Reporting, SFTR

Share!
Tweet

Lynn Strongin Dodds

About the author
mm

Related Posts

FCA sets out its reporting stall

FCA sets out its reporting stall

The UK’s Financial Conduct Authority (FCA) has said that the Securities Financing Transactions ...
ESMA publishes EMIR REFIT technical standards on OTC derivatives

ESMA publishes EMIR REFIT technical standards on OTC derivatives

The European Securities and Markets Authority (ESMA) published draft technical standards under ...
French and Dutch regulators call for robust European framework for ESG data and ratings

French and Dutch regulators call for robust European framework for ESG data and ratings

The Autorité des marchés financiers (AMF) and its Dutch counterpart, the Autoriteit Financiële ...
European Women in Finance : Ayelet Har : Coping with the challenge layer cake

European Women in Finance : Ayelet Har : Coping with the challenge layer cake

Shanny Basar spoke to Ayelet Har, vice president of product and professional services at Cappit ...

Leave a Reply Cancel reply

You must be logged in to post a comment.

Subscribe for Email Updates

Best Execution
Recent
  • City jobs hit by pandemic and Brexit

    City jobs hit by pandemic and Brexit

    January 18, 2021
    ISDA paper shows OTC derivatives weathered pandemic storm

    ISDA paper shows OTC derivatives weathered pandemi ...

    January 15, 2021
    DTCC paper on the repercussions of Covid for FMIs

    DTCC paper on the repercussions of Covid for FMIs

    January 13, 2021
    Sad announcement of the death of Andrew Edwards. CEO of Saxo Capital Markets

    Sad announcement of the death of Andrew Edwards. C ...

    January 13, 2021
    People: Chris McConville new sellside chair at Plato

    People: Chris McConville new sellside chair at Pla ...

    January 13, 2021

Menu

  • Home
  • Publication
  • Topics
  • Events
  • Partners
  • Listings
  • Privacy notice
  • About us

Best Execution

In these uncertain times and as the tide of regulation rises ever higher and wider, Best Execution offers an in-depth analysis into the major trends that are shaping the financial services industry as well as providing a more detailed insight into the technology driving new products and services being developed to meet these challenges.

Where the buyside and sellside meet.

Wikipedia: Best Execution

Social

linkedin
Newsletter Sign Up
Copyright © 2020 Best Execution | Site by Refractiv.
  • Home
  • Publication
  • Events
  • Privacy notice
  • Login