Cappitech

Company Overview

Snapshot

Founded in June 2013 by Ronen Kertis, Cappitech is a Fintech & Insurtech company with 1–10 employees. The company raised $4 million across one funding round and was acquired by IHS Markit in January 2021.

Business overview

Cappitech develops Capptivate, a cross-regulation platform designed for brokers, banks, asset managers, and corporations to report millions of trades daily. The platform automates the process of checking trade data for errors, enriching it with reference data, and reformatting it to meet regulatory specifications before submission to approved reporting mechanisms or trade repositories. Capptivate also analyzes reported trades using market data to determine optimal strategies for compliance obligations, serving the global financial services market within the Fintech & Insurtech sector.

Strategic signal

In January 2021, Cappitech was acquired by IHS Markit, signaling a strategic consolidation within the regulatory technology sector. This acquisition highlights the increasing demand for robust and automated compliance solutions in financial markets and validates Cappitech's platform as a key asset for managing complex trade reporting requirements.

Company Intelligence Q&A

What is Cappitech's primary product?

Cappitech's primary product is Capptivate, a cross-regulation platform that enables financial institutions to report millions of trades daily, ensuring compliance with regulatory requirements.

When was Cappitech founded?

Cappitech was founded in June 2013.

What was a significant corporate milestone for Cappitech?

In January 2021, Cappitech was acquired by IHS Markit, transitioning its status to acquired and inactive.

What was Cappitech's last disclosed funding event?

In June 2018, Cappitech raised $4 million in a funding round, with 83North as an investor.

What was the strategic partnership announced in March 2020?

In March 2020, AccessFintech and Cappitech partnered to provide a combined solution for regulatory compliance.