Solutions and Services Literature
Vermeg specialises in Securities Processing and Fund Administration using ISO15022 and ISO20022 message standards.
Vermeg's products cover multi-operational areas in different market sectors to produce STP and risk reduction.
The Megara® Suite is a modern, flexible, comprehensive securities processing platform which includes a range of modules that can be implemented as a whole suite or separately as stand-alone solutions. Vermeg is a long-standing SWIFT partner and Megara is a SWIFTReady labeled system.
MegaCommon® centralizes all master reference data that are required by securities back offices and shared over all megara® systems and sub systems. It provides processes for collecting, aggregating, matching, consolidating, quality-assuring, persisting and distributing such data throughout an organization to ensure consistency and control in the ongoing maintenance and application use of this information.
MegaTrade® provides order management and trade processing for domestic and international business. It electronically supports orders throughout the trade lifecycle, including clearing and settlement. A complete audit trail and highly automated processes give user control to enhance client and investor services, while mitigating risk and reducing costs.
MegaCustody® streamlines the clearing and settlement process of the trade. Its agility to handle both electronic and physical deliveries with equal reliability makes this custody system perfect for domestic custodians in the international markets as well as the Global Custodian. MegaCustody® has been awarded with the 2010 B.I.S.S. Accreditation.
Mega Cash® provides secure cash management. It supports the cash operations of security services including cash money transfers, FOREX transactions and cash account keeping.
MegaCor® automates corporate actions processing wherever possible and supports manual intervention when necessary, creating a management control between investors and the market. SWIFTReady and B.I.S.S. Accredited, it provides efficiencies in corporate actions notifications, exception management, claims processing, reconciliations and tax management and also reduces operational risk.
MegaLend® allows proactive control to fully manage securities lending and repos processing. With full collateral management capabilities, firms are kept informed of changing conditions and exposures. MegaLend enhances the risk management of the transaction and collateral.
Megapos® is a position keeping solution that collects, analysis, records and impacts all cash and securities movements within bank and client accounts, reflecting their risk level at each step of their business process.
Megacompliance® is a module within megara® suite designed to calculate, reconciles and monitor net and gross assets, management fees, NAVs, overdrafts and ratios from different sources, in order to ensure their compliance with the recommended values.
megabroker® is a powerful middleware system that , allows STP connectivity with different application systems regardless of their formats types and communication media.
megaCM® is a cutting-edge collateral management solution specifically designed for central banks. It grants transaction automation and provides efficient collateral management tools.
Omega FA® is a proven platform for institutional and UCITS funds, but is generically suitable for global markets. UCITS IV compliant, the system is a single investment accounting platform supporting all types of funds in all markets. Benefits include important business operations of treasury management, position keeping, asset valuation, liability management and financial forecasting.