A Time To Draw Breath
As we draw 2025 to a close, it feels right to pause and reflect on a year that looked calm on the surface but was anything but quiet underneath. For deltaconX, it was shaped by growth, collaboration and a welcome, if relative, breather from the regulatory whirlwind of recent years.
Hold Those Horses – Said the Regulators
The final REFITS kept many people busy, but the wider market finally had time to work through the rapid changes of the last two years. Just as things began to settle, regulators reminded everyone not to get too comfortable.
ESMA’s Call for Evidence and DG FISMA’s move to deprioritise MIFIR RTS 22 signalled that the next wave is already forming. The FCA and Bank of England added their own hints, setting an interesting tone for 2026.
ACER also made itself heard, but still couldn’t commit to a 2025 date for the REMIT 2 implementing acts. The Commission, however, had no hesitation in confirming that everyone should start paying for it this year.
Do As I Say – Said the Regulators
ESMA and the FCA were aligned on one message: data quality and fully auditable controls are no longer negotiable. If you struggle with reportable data, you’re expected to have systems that identify issues, fix them, record them, and show improvement. This fits closely with our work and shaped many conversations with new clients.
We Continued to Grow
Our growth continued across Capital Markets, Energy and Commodities, and corporate segments. EMEA remained our centre of gravity, with DACH and the Nordics strong supporters of our full-stack reporting model.
Connecting with Our Clients
Client engagement stepped up again. After launching the conX Community at our first Customer Event in 2024, we expanded it in 2025 with webinars, updates, and collaborative workshops. These helped clients navigate complex regulatory shifts and fed directly into our plans.
In November, more than 60 clients and partners joined us in Vienna for our second Customer conX Event. The discussions on product, technology, and security priorities for 2026 were clear and valuable, and they continue to shape our roadmap.
Deepening Partnerships
We strengthened ties with SimCorp, Finastra, finnova AG Bankware, Kaizen, REGTECH DATAHUB, ETR Advisory Ltd, Soptim and capSpire, and were pleased to welcome Alpha FMC and Fides, with more partnerships to come in 2026.
Looking Ahead
For deltaconX, 2026 is about building. With regulators signalling a clear direction, we are investing in the services the market needs. We will open a second development centre, accelerate our private cloud transition, giving us greater control over our clients’ data environment and speeding up our delivery of AI-centred capabilities.
We wish everyone a successful and fulfilling New Year and look forward to sharing more with you soon.
