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ECMS is coming: Vermeg powers the Eurosystem’s new Collateral backbone

Vermeg delivers single collateral management system (ECMS) to the Eurosystem unifying 20+ Central Banks under one trusted platform.

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ECMS is coming: Vermeg powers the Eurosystem’s new Collateral backbone

On June 16, 2025, Europe’s financial infrastructure will take a historic leap forward with the official go-live of the European Collateral Management System (ECMS). Designed to unify and modernize the way collateral is managed across the Eurozone, ECMS will replace 20+ domestic platforms and harmonize operations for over 2,500 institutions — in real-time and under a single Eurosystem framework.
At the heart of this transformation: Vermeg the trusted technology partner selected to deliver this complex, strategic platform.

A mission-critical mandate. A sovereign-scale delivery. A signal of trust at the highest level

/ A turning point for European Market Infrastructure

The ECMS project is not a system upgrade. It’s a once-in-a-generation leap in how Europe executes monetary policy, mobilizes collateral, and ensures financial stability. 

Selected after one of the most rigorous public-sector evaluations, Vermeg’s appointment underscores a message the market won’t miss: 

The Eurosystem chose Vermeg to power the future of its financial infrastructure. 

 

“Being entrusted by the major European central banks to deliver ECMS is a reflection of the confidence placed in Vermeg’s capabilities, security, and resilience.”

Khaled Ben Abdeljelil, SVP, Banking Market Strategy, Vermeg

/ Why this matters — and what sets Vermeg apart

Delivering ECMS meant: 

 
  • • Managing compliance with the most sensitive regulatory, operational, and legal standards across Europe
  • • Integrating with T2, T2S, and ISO 20022 messaging
  • • Enabling real-time collateral mobility under a harmonized legal and technical architecture

Key stats: 

  • • 10,000+ daily messages processed securely 

  • • 4,000+ U2A users across the Eurosystem 

  • • 21 national central banks + the ECB onboarded 

  • • Cross-border workflows, natively supported  

Vermeg didn’t just deliver software. It delivered scale, sovereignty, and trust. 

/ More than Technology — A Strategic Partner for Europe

ECMS solidifies Vermeg’s position as a long-term infrastructure ally to central banks, custodians, and regulators. Not just a vendor — an architect of Europe’s financial future.


“We don’t just build software — we build trust, resilience, and future-ready infrastructure.”
Khaled Ben Abdeljelil, SVP, Banking Market Strategy, Vermeg

/ What's next: Enabling the Transition

With go-live now ratified, Vermeg is entering a new chapter: helping institutions transition, adopt, and operate within the ECMS environment. From readiness to optimization, Vermeg’s role will remain central in shaping how Europe’s collateral ecosystem evolves — and thrives.

References

Green light for the Eurosystem Collateral Management System go-live: Read more

Eurosystem launches single collateral management system: Read more

 

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