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In a challenging year in which firms and the market were in a unique situation, Cappitech is proud to have continued to service clients, strongly grow its business and develop new products and services. Following the departure of CME from the regulatory reporting space we stepped up for new and existing customers, including being the first to begin the process of porting historical data to new trade repositories. Today we work with over 200 clients.
Ronen Kertis, CEO and Founder says, “Financial institutions are very focused on how to increase efficiencies, particularly via increased automation, which came up repeatedly when talking with new clients in 2020. Increasingly, all firms understand that regulatory reporting is a key requirement but not a business differentiator and as such they want cost effective, resource-lite solutions. In many cases the best option is a vendor like Cappitech which can provide a full service, via a single touch point, and that incorporates the cumulative knowledge and experience of multiple market players to support accurate, cost-effective and regulator-approved reporting. We’ve seen an excellent response to our products in 2020 and look forward to continuing to expand the range of regulator reporting services and products we offer in 2021.”
Please see a summary of activities in 2020 here.
