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. 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. MegaFD is a fund liabilities management system specifically designed for the mutual fund industry. Its comprehensive multi-faceted functionality is able to serve multiple time zones and its features help the support and growth of international businesses. Process are driven to help reduce operational risks and costs. It is equipped with support for complex fund structures and can fit various investor account structures. 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. | ||
