November 24th 2014 | Source: Asia E-Trading Press Release
November 24th 2014: UK based risk and collateral consultancy InteDelta and Singapore based Collateral, Clearing and Post Trade consultancy Deriv Asia are partnering to provide a joint service offering to their clients.InteDelta’s core service offering in risk and collateral management covers market intelligence, organizational change, business reengineering, risk modeling, technology architecture design and systems implementation. Deriv Asia’s offerings are largely similar covering Collateral Management, Clearing, Liquidity and Operational solutions around OTC services but with an expertise on Asian markets.
This partnership will allow InteDelta to bring their expertise and working knowledge of European best practices with infrastructures, banks and buy side clients to Asian markets, complementing Deriv Asia’s current advisory model and offerings.
Nicholas Newport, MD of InteDelta mentions “This is certainly a very strategic partnership that has immediate benefits for our Asian clients as InteDelta’s advanced offerings can be immediately supported by Deriv Asia’s onsite presence in the region”.
Sam Ahmed, Founder and MD of Deriv Asia further adds: “There is certainly a lot of demand in the region for technical solutions around OTC reforms as well as cost effective operational models and we feel partnering up with InteDelta, who bring tried and tested models from European markets can only really enhance our service levels and bring a wider range of highly developed offerings to our existing platform”.
Deriv Asia and InteDelta will operate in the region from their office at Six Battery Rd in Singapore.