Fragmos Chain Platform Selected by Delta Capita for Post-trade Processing of Uncleared OTC Derivatives

Fragmos Chain, the industry digitisation platform for post-trade processing of over-the-counter (OTC) derivatives announced today that it has been selected by Delta Capita, a capital markets managed service and technology provider headquartered in London, to enhance its managed services for post-trade processing.

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. The CDM provides a unified framework for data and processes, enabling financial institutions to achieve unparalleled efficiency, automation, and accuracy. By integrating this standard, Fragmos Chain ensures seamless interoperability and compliance while significantly reducing operational complexity and cost.

Adopting Fragmos Chain’s advanced platform within its managed services reinforces Delta Capita’s role as a leader in OTC operations services for global financial institutions overcoming barriers to efficient post-trade processing for its clients while fostering industry-wide collaboration and innovation.

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.

Daniel Ivanier, CEO of Fragmos Chain, stated: “We are thrilled to collaborate with Delta Capita as a strategic partner. Their 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.”

Mark Aldous, Head of Capital Markets Managed Services at Delta Capita, concluded: “By leveraging the Fragmos Chain platform, we are demonstrating our commitment to lowering costs for our clients through industry innovation in post-trade operations. 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.