Deal further expands IHS Markit’s global regulatory reporting capabilities, providing a single unified platform for global transaction reporting
IHS Markit, a world leader in critical information, analytics and solutions, today announced that it has acquired compliance technology provider Cappitech to expand its suite of global, multi-asset class transaction regulatory reporting offerings to the financial industry.
Cappitech, a privately held Israeli company, provides robust regulatory reporting, best execution analysis and business intelligence solutions, allowing customers to efficiently comply with transaction reporting regulations across multiple jurisdictions in one place. The firm’s scalable cloud-based platform is relied on by over 200 global banks, brokers, asset managers, hedge funds and corporations and its innovative products and technology have received numerous industry awards.
.@IHSMarkit has acquired compliance technology provider @Cappitech to expand its suite of global, multi-asset class transaction regulatory reporting offerings to the financial industry. Read more here: https://t.co/RyNVes8Kvf
— IHS Markit (@IHSMarkit) January 11, 2021
In 2019, IHS Markit selected Cappitech’s platform as a key component of its SFTR (Securities Financing Transactions Regulation) solution, which is now relied upon by some of the largest financial institutions in the world. Capitalizing on the established relationship and existing integration, this latest move will deliver unified solutions to the market and solidify IHS Markit’s continued commitment to providing industry leading regulatory reporting solutions.
“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 Pierre Khemdoudi, Managing Director, Global Equities at IHS Markit. “Cappitech’s platform complements our existing offering, enabling us to provide the most comprehensive and scalable integrated financial regulatory service to customers.”
“We are excited to join a company that shares our passion for providing best-of-breed regulatory reporting solutions and looking forward to expanding our existing commitment to the industry,” commented Ronen Kertis, CEO & Founder at Cappitech. “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.”
The financial terms were not disclosed.
Source: IHS Markit
NEWSLETTER SIGN UP
And receive exclusive articles on securities markets
It's been a month since we had our Women In Finance Awards in New York City at the Plaza! Take a look back tab some moments, and nominate for our upcoming awards in Mexico City and Singapore here: https://www.marketsmedia.com/category/events/
4
Citadel Securities told the SEC that trading tokenized equities should remain under existing market rules, a position that drew responses from various crypto industry groups. @ShannyBasar for @MarketsMedia:
SEC Commissioner Mark Uyeda argued that private assets belong in retirement plans, saying diversified alts can improve risk-adjusted returns and that the answer to optimal exposure “is not zero.” @ShannyBasar reporting for @MarketsMedia:
COO of the Year Award winner! 🏆
Discover how Jennifer Kaiser of Marex earned the 2025 Women in Finance COO of the Year recognition.
Related articles
-
The transaction will expand Goldman Sachs Asset Management’s ETF lineup and future product roadmap.
-
The Japanese group also completed the acquisition of Macquarie’s U.S. & European public asset managers.
-
The €5.3bn transaction for the European fund distribution platform may not proceed.
-
Rapidly changing inflation has become a challenge for economies and investors.
-
SIX is taking a step forward in becoming a leading pan-European provider of digital post-trade solutions.