Delta Capita Rolls Out InSPire Due Diligence Service in Americas and Asia Pacific

Delta Capita​, a provider of fintech solutions, announced on Friday that it has launched inSPire Due Diligence, its mutualised industry service for ‘Know Your Distributor’ due diligence, in both the Americas and Asia Pacific.

“Inspire Due Diligence is the first global utility service that centralises and standardises ‘Know Your Distributor’ Due Diligence for the mutual benefit of Structured Product issuers and distributors alike,” the provider said in the statement.

For a long time, issuers and distributors have expressed frustrations at a repetitive, inefficient due diligence process. By standardising the Due Diligence Questionnaire and centralising the data gathering, chasing and report production – inSPire Due Diligence has simplified and streamlined the process, delivering time and cost savings while at the same time reducing operational and regulatory risk for issuers and distributors.

The addition of coverage in the Americas and Asia Pacific means – for the first time – structured products issuers can engage with new distributors who are based in any of the main financial centres across the globe and benefit from the inSPire Due Diligence Questionnaires for new distributor relationships and refreshing existing distributor due diligence.

Mark Aldous, CEO of Structured Products at Delta Capita commented “For too long, the industry has grappled with slow distributor onboarding processes and inefficient due diligence duplication. inSPire Due Diligence transforms this process and reduces the overhead for everyone involved whilst ensuring consistent cross-regional standards”.