He will join Delta Capita’s ExCo and be based at their UK headquarters in Canary Wharf, London.

With more than 30 years’ industry experience, Freeborn has previously been Chief Technology Officer (CTO) and CIO at UBS Investment Bank and CIO at Barclays Investment Bank, responsible for IT and Operations for both the Investment Banking and Wealth businesses.

Delta Capita, who ranked as Europe’s fastest growing FS professional services firm in the 2018 Financial Times 1000 index, has recently completed a series of strategic business acquisitions and has hired several recognised industry executives to its ExCo, including the recent appointment of David Long, former EMEA Group COO at Credit Suisse, as Chief of Staff.

Freeborn commented “I am delighted to be joining Delta Capita at such an exciting time. They have achieved demonstrable success in establishing credible managed service propositions and are investing heavily in new services covering common banking functions and regulation such as KYC, Pricing & Risk, Structured Retail Products and Post Trade Processing. Their service model uniquely allows banks flexible access to industry best practice, expertise and modern technology, operated under a mutualised cost model.” Freeborn added, “The economics no longer stack up for banks wanting to respond to common regulation in a proprietary way and I am convinced that managed service solutions are the only viable way forward for the industry.”

Joe Channer, Delta Capita, Founder & CEO, added “We are very pleased that Philip is joining our executive management team. His appointment demonstrates Delta Capita’s strategic commitment to becoming a leading operator of critical capital markets infrastructure through the delivery of managed services powered by modern, secure and scalable technology platforms.”