Cappitech

Regulatory Trade Reporting Platform

Fintech & Insurtech
Acquired (Inactive) by IHS Markit on Jan 2021 - closed due to acquisition

Company Overview

Snapshot

Founded in June 2013 by Ronen Kertis, Cappitech operated with 1–10 employees. The company raised $4 million across one funding round from 83North before being 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 streamlines regulatory compliance by checking trade data for errors, enriching it with reference data, and reformatting it to meet specific regulatory requirements before submission to approved reporting mechanisms or trade repositories. Capptivate also analyzes reported trades using market data to optimize compliance strategies, serving the financial services sector, including brokerage, banking, and investment management.

Strategic signal

In January 2021, Cappitech was acquired by IHS Markit, signaling a successful exit for the regulatory technology firm. This acquisition highlights the increasing demand for robust compliance solutions within the financial industry and validates Cappitech's platform as a valuable asset for global market intelligence and analytics providers.

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 specifications.
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, leading to its current status as Acquired (Inactive).
How much capital did Cappitech raise?
Cappitech raised a total of $4 million across one funding round. This funding was secured in June 2018, with 83North as the disclosed investor.
Did Cappitech engage in any strategic partnerships?
In March 2020, Cappitech partnered with AccessFintech to provide a combined solution, and in January 2020, it combined MiFID II and MAR services with Red Deer for the buy-side.

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