am Main & London – 04 January 2021 – LPA Group (LPA),
the capital markets technology and advisory firm, today announced that the
RegTech platform acarda has now been fully integrated into the LPA product
portfolio and will operate under the new name Capmatix Regulations.
This rebrand follows
the acarda acquisition by LPA in 2019, and it is part of a group-wide
initiative to integrate specialist capital markets technology products into
LPA’s flagship solutions framework, Capmatix. The inclusion of the acarda
solution within the Capmatix product family reflects the role that this can
play as a full-service technology offering that can be used for a range of
critical functions for financial institutions worldwide.
will specialise primarily in the automation of regulatory reporting and automated
data management. The private cloud platform will integrate and verify all
processes – from data management and sophisticated calculations to the creation
and distribution of all major regulatory reports (such as AIFMD, SFDR, PRIIPs,
MiFID etc.) with one single data source and one platform. The new suite will
ensure the implementation of European and local regulatory directives and
significantly reduce clients’ reporting efforts and costs.
LPA is one of the
world’s leading creators and consultants for technology-based capital market
solutions for banks, insurance companies and fund providers. The firm’s core
business is the Capmatix suite, a portfolio of leading technology solutions to automate
workflows, documents and processes for sales and trading in financial
instruments, structured products and OTC derivatives.
The Capmatix suite
includes LPA’s flagship solutions covering OTC Sales & Trading, Legal
Document Navigator, Post-Trade and AI Document Digitisation, as well as incorporating
solutions from other companies which are part of the Group:
- the leading software provider for financial institutions in Germany, which
has been fully transferred as brand and legal entity to the LPA Group in 2020.
- a platform for financial modelling and processing of structured retail
products for banks, insurance companies and funds, which joined the LPA Group
- a division now fully incorporated into LPA specialising in managed services LPA
can process document issuance on behalf of banks and asset management firms.
integration represents a further step in LPA’s journey towards becoming the
global capital markets technology leader,” said Peter
Schurau, CEO of LPA. “Banks, asset managers and other financial
institutions are facing the same challenges around high costs and inflexible infrastructure
as they did decades ago. Operations are ripe for transformation and there is
immense opportunity for forward-thinking institutions to use the challenges
they face as the impetus to drive change and future proof their business model.”
Leibowitz, LPA’s Chief Innovation Officer, who will
be heading up the regulatory business for LPA, commented: “Financial
services companies across a range of verticals are under immense pressure to
stay abreast the latest regulatory requirements and technological innovations.
There is an increased demand for a software product that can help them not only
navigate but thrive in this challenging and complex environment. By combining
our technology and consulting expertise, we have been offering a sound
proposition to the market and we’re now ready to take our software and services
to new heights.”
LPA is one of the world’s
leading developers and consultants for technology-based capital markets (CapTech)
and RegTech solutions for banks, insurers and fund providers. The core business
of the multi-award-winning Group is Capmatix, a software framework to automate
workflows and documentation for financial instruments, structured products and
LPA helps financial
services companies with digital transformation, lowering the fixed cost base
and automating their necessary advisory and regulatory documentation processes,
thereby increasing efficiency, competitiveness and maintaining full compliance.
With the main location
in Frankfurt and a global footprint spanning 12 other international offices
including London, Zürich, Madrid, Tel Aviv, New York, Paris, Luxemburg and
Singapore, and a team of over 400 technology and capital market experts, LPA is
supporting a portfolio of international clients.
For more information,
please visit https://www.l-p-a.com/.