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Jul 3, 2019

Delta Capita, Pirum Systems and IHS Markit Align on Quality Assurance Testing for SFTR

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Delta Capita, Pirum Systems and IHS Markit Align on Quality Assurance Testing for SFTR
London, 2 July 2019 – Delta Capita, the international business & technology consulting and
managed services firm, Pirum Systems and IHS Markit, announced today they will cooperate
with an industry testing consortium to help firms meet the requirements of SFTR.

Delta Capita recently announced the creation of a consortium of banks to establish a
standardised SFTR industry test pack. Under this new collaboration, Delta Capita will make
the test pack available to IHS Markit and Pirum to support testing and provide feedback to
the consortium.
Customers of the joint IHS Markit and Pirum SFTR solution who have independently licensed
the consortium test pack will benefit from knowing the service has been reviewed by the
SFTR solution providers, raising confidence in the service and potentially reducing their own
testing effort and costs

David Field, head of the securities finance practice at Delta Capita said “The test pack will
provide full traceability to the RTS/ITS, ESMA guidance and industry best practices across
repo, BSB and stock borrow/loan. It will provide users with the test data, test scripts and
expected results they need to conduct their UAT and to test with their counterparts, trading
venues, service providers, CCPs, triparty agents and trade repositories. Consortium
members will be able to benchmark their testing run rates and pass rates to highlight areas
of concern for review and remediation.”
Rajen Sheth, Chief Executive Officer at Pirum Systems, added “we’re pleased to be able to
support our clients to leverage the testing consortium in order to bring efficiencies to
participants as they work towards meeting their SFTR reporting obligation.”
Pierre Khemdoudi, managing director & global co-head of equities, data and analytics at IHS
Markit said, “The securities finance industry will greatly benefit from the standardisation of
testing as we continue implementing technology for SFTR reporting. By integrating Delta
Capita’s testing within our SFTR solution, our common clients will be able to move forward
with no additional effort, while being assured on the accuracy of the reporting.”
The consortium output can help any firm strengthen their SFTR testing in line with industry
leaders. To find out more please contact david.field@deltacapita.com

About Delta Capita
Headquartered in London with offices in Benelux, Frankfurt, Johannesburg, NY, Singapore and HK, Delta Capita
is a ‘challenger’ business & technology consulting and managed services provider. We specialise in the
financial services sector and work with many of the world’s most important financial institutions helping them
comply with regulatory obligations, transform and simplify operations, reduce cost and adopt innovative
business models and technologies. We operate an end-to-end consulting model, including advisory, solutions
and delivery capabilities, all supported by high-quality specialist managed services solutions.

About Pirum
Pirum offers a secure, centralized automation and connectivity hub for global securities finance, enabling
complete automation of the post-trade and collateral lifecycle across repo and stock loan. Our position within
the Securities Financing market, enables clients to seamlessly connect with counterparts, triparty agents,
trading venues, market data companies & CCPs as well ensuring SFTR regulatory adherence. Pirum delivers
highly innovative and flexible services, tailored to fully support the industry’s complexities and evolving business
processes. Global Post-Trade Service Provider of the year (2018) and Collateral Connect voted Best Software
Solution (2018). For more information, please see http://www.pirum.com
About IHS Markit
IHS Markit (Nasdaq: INFO) is a world leader in critical information, analytics and expertise to forge solutions for
the major industries and markets that drive economies worldwide. The company delivers next-generation
information, analytics and solutions to customers in business, finance and government, improving their
operational efficiency and providing deep insights that lead to well-informed, confident decisions. IHS Markit
has more than 50,000 business and government customers, including 80 percent of the Fortune Global 500 and
the world’s leading financial institutions. Headquartered in London, IHS Markit is committed to sustainable,
profitable growth.

About IHS Markit
IHS Markit (Nasdaq: INFO) is a world leader in critical information, analytics and expertise to forge solutions for
the major industries and markets that drive economies worldwide. The company delivers next-generation
information, analytics and solutions to customers in business, finance and government, improving their
operational efficiency and providing deep insights that lead to well-informed, confident decisions. IHS Markit
has more than 50,000 business and government customers, including 80 percent of the Fortune Global 500 and
the world’s leading financial institutions. Headquartered in London, IHS Markit is committed to sustainable,
profitable growth.