Delta Capita, the international business and technology consulting firm specialising in delivering solutions to financial services organisations, has been appointed as the official consulting partner and managed services provider to Plato Partnership. The move follows the go-live of Plato’s cooperation agreement, with Turquoise, a leading pan-European MTF.

Delta Capita’s selection comes after a successful early stage role as advisor and project delivery partner to Plato Partnership, a not-for-profit industry group of buy and sell-side firms who are collaborating to bring creative solutions and efficiencies to today’s complex equity marketplace.

The service arrangement involves delivery of corporate governance, operations management and project services for Plato Partnership, as well as the coordination of its Market Innovator (MI³). The service will be provided from Delta Capita’s managed services business in London and supported by its offshore managed services hub in Johannesburg.

Commenting on the appointment, a Plato Partnership executive said: “’Following a successful initial advisory and project delivery role, Delta Capita was the stand out choice to become our retained consulting partner and managed services provider. The firm’s proven track record in managing consortia and maintaining independence, while consistently demonstrating pragmatism by focusing on the end objective, made them a strong choice.”

Joe Channer, CEO of Delta Capita, added: “To be chosen as the retained consulting partner and managed service provider to another high profile industry consortium is a testament to our client focused service model and our straightforward approach to doing business.  Our experience and knowledge in managing consortia will continue to serve the project well as it progresses.  With several more large-scale managed service deals in the pipeline, managed services are set to become a major part of our business.”

Delta Capita is quickly positioning itself as the ‘go-to’ consultancy for advising and facilitating banking industry consortium initiatives.  Evidenced by their appointment earlier this year to another consortium of banks looking to collaborate in response to the regulation on key information documents for Packaged Retail and Insurance-based Investment Products (PRIIPs).