Welcome to the Delta Capita
Regulatory Hub

Context: Due to MiFID II record-keeping obligations and periodic monitoring requirements, the client enlisted Delta Capita to conduct a quality assurance and completeness assessment, culminating in findings presentation and remediation advice.

Approach:Delta Capita mapped data to regulatory requirements, extracted data using SQL and Python, consolidated and then performed accuracy and completeness analysis, and provided key findings and recommendations for MiFID II compliance.

Outcome: Key findings and recommendations for record-keeping data across 16 exchanges, alignment with MiFID II requirements, identification of data quality issues, and a proposal for remediation.

Context: Delta Capita assessed the existing Algorithmic governance and controls and the overarching control framework of the firm and its subsidiaries. The review compared the current practices taking place within the investment firm with algo trading regulation found in the UK & EEA and the most recent statement of good practice issued by FMSB.

Approach: Delta Capita reviewed all applicable regulations and created templates to assess approximately 70 client documents. Delta Capita applied the RTS6, PRA and FMSB lenses to identify issues, areas of improvement, recommendations and best practices.

Outcome: Key findings and recommendations related to governance, testing, and controls in the context of algorithmic trading were presented and provided to the client including a benchmarking exercise versus industry best practice and policy mark-up.

Context: Delta Capita facilitated the client's implementation plan for the FCA’s Consumer Duty regulation, extending the programme to cover phase II, including tracking Day 1 actions, evidencing updates, reviewing closed products, and reporting for FCA requests, with a team of internal and external Project Managers and Business Analysts.

Approach: The team collated Day 1 Business Line updates and evidence through calls with leads, created governance trackers for deliverables and actions, engaged with FCA requests, and held regular and ad hoc working group meetings to update and document RAG status.

Outcome: Created a tracker for gaps, RAG statuses, and potential harm, updated the Information Retention Schedule for Consumer Duty, restructured the SMCR framework for compliance, established an evidence repository and tracking matrix, and refreshed the MI framework for Consumer Duty reporting and customer outcomes.

Context: Delta Capita were asked to support the analysis and delivery of the new EMIR REFIT legislation, and it’s impacts on the Trade Repository and its clients.

Approach: Delta Capita mobilised the project by establishing a clear structure and engaging key stakeholders. We provided regulatory analysis, rules interpretation, and drafted business requirements in collaboration with technology teams. Our support included preparing data lineage and offering ongoing project management and SME input during regulator liaison sessions.

Outcome: The team established a governance framework and delivered key artefacts, including rule decompositions, business requirements lineage, and field-level data lineage. JIRA stories were created to support ongoing delivery management, ensuring a structured approach from requirements through to testing.