Client On-Boarding (formerly known as GoldTier) is an end-to-end KYC client lifecycle management compliance solution leveraging best-in-class data and technology used by leading banks and financial services institutions globally.

This acquisition forms part of Delta Capita’s strategy to offer managed services and technology solutions that are core for financial services institutions.

Client On-Boarding will further strengthen Delta Capita’s position as a leader in the KYC client lifecycle management (CLM) managed services sector and complement its existing Karbon suite of KYC client lifecycle compliance services, tools, and solutions.

Under the arrangement, Client On-Boarding’s existing institutional client base across UK, Europe, North America, Singapore, Hong Kong and Australia has migrated to Delta Capita. LSEG will also continue as a client of the solution.

This transaction follows Citi’s selection of Delta Capita to scale and commercialise Citi’s QMA software and the creation of our capital markets blockchain software, MACH; recently selected by Montis, the digital securities CSD as its platform of choice, built on code acquired from SETL in early 2023.

Joe Channer, Delta Capita CEO, commented “This acquisition reinforces our KYC client lifecycle credentials and positions us not only as one of the largest service providers in this sector, but will allow us to provide best in class technology to help our clients with their full KYC and CLM compliance obligations. As a proven global provider, we are excited to invest in this area and provide services that go beyond the provision of technology to the market. This acquisition achieves that.”

Philip Freeborn, Co-Head of Global Markets and Wholesale Banking Services for Delta Capita added, “There is growing demand from our clients for a full managed service offering in KYC and Client Lifecycle Management. Thanks to our latest acquisition, Delta Capita can now provide additional services, including full enterprise grade CLM technology, due-diligence, and client outreach services. This allows clients to simplify their businesses, achieve a price per file model and reduce compliance risk at a time when the regulatory burden continues to dominate investments.”