Vermeg is resolute in its ongoing commitment to its customers, continually enhancing the suite of modules within the Megara system to ensure that its functionality is not only regulatory and industry standard compliant, but remains at the forefront of the latest technology and business requirements for today's fast changing Capital Markets in the Securities Industry.
Vermeg is proud of its accomplishments, which reflect the considerable effort and investment made to ensure its clients receive only the best. This resolve has been recognised by a number of notable independent awards and accreditations.
Megara® has been accredited by SWIFT as a SWIFTReady Securities Settlement System each year since 2002.
Vermeg was one of the first Corporate Actions System vendors to receive the prestigious SWIFTReady label for the Megacor® module in the inaugural year and has been reaccredited every year.
In 2009 Megacustody® was the first system to be awarded the 2010 B.I.S.S. Accreditation for a full,live Custody System.
In 2002 Megacor® was benchmarked by B.I.S.S. Research against buyer's requirements for custodians, asset managers and broker dealers. It was one of the first systems to gain this accreditation awarded by an independent panel of industry experts representing all sectors of the market.
Once again, Vermeg The leading provider of software solutions in global financial markets, has proven to be an outstanding supplier of Corporate Actions systems for a wide range of financial institutions.
Megacor® the corporate actions settlement and management system from Vermeg has smashed the 2012 Corporate Actions Benchmarks. Megacor® has therefore been duly awarded the B.I.S.S. Accreditation for having proven systems functionality, with new technologies and responses to customer requests to meet the demands of an exacting and changing market operation Megacor® is the only system to achieve the B.I.S.S. CA Accreditation this year and every year over the last decade.
After successfully fulfilling IBM's rigorous SOA technical and business requirements, Palmyra, Vermeg's modern development framework, gained important recognition with the IBM SOA Exploit label.