Credit Suisse EMEA to outsource structured product business to Delta Capita
Delta Capita has been appointed as managed service provider to Credit Suisse EMEA Structured Products business.
A number of existing Credit Suisse team will transfer to Delta Capita as part of the deal.
“New regulation will standardise the way in which products are packaged and delivered which provides an opportunity for the industry to work together to improve standards whilst lowering costs for end customers,” comments Larry Fletcher, head of Credit Suisse’s solutions business in EMEA.
He expects Delta Capita to “deliver these improvements”.
Last year, Delta Capita was appointed as managed service provider to the Plato Partnership, a not-for-profit industry group of buy and sell-side firms.