VERMEG, the leading global provider of regulatory reporting and collateral management solutions, announces that Bank North, the UK’s first truly regional business bank of the modern era, has signed a multi-year licence for its flagship regulatory reporting platform, AgileREPORTER. Bank North is a new regional business bank which was granted a banking licence (Authorised with Restrictions or ‘AWR’) by the
Market changes, new standards Introduction In this quarter, we focused on market changes and new standards. MEGARA is committed to be continuously up to date with the industry and market needs. VERMEG is committed to ensuring MEGARA is always up-to-date industry needs and delivers value to the financial community. In this issue, we will see how MEGARA is being enhanced
Constantly improving to embrace market evolution Introduction We are unveiling the latest release which is mainly focused on Family Office improvements including management of the Interest statement on current accounts, Repo in a different currency from the underlying and a follow-up link to an operation. This newest version also provides improvement of matching reporting for Unit Linked Insurance Plans. In
Enhanced Capabilities to meet regulatory changes Introduction In this issue, we will be sharing some of VERMEG’s regional initiatives on AGILE Reporter and how it is evolving to meet the continuous regulatory changes around the world and the markets’ needs. Perpetual enhancement of AGILE Reporter’s capabilities is key to maintaining an optimal solution within such a changing environment. Thus, we
With a focus on continuous service improvement and after successfully obtaining ISO/IEC 27001 accreditation, VERMEG further enhanced its security policies and procedures by additionally embracing the SOC 2 standard to increase the level of security of its already resilient SaaS offering. VERMEG now proudly announces it has achieved SOC 2 certification. What is SOC 2? SOC 2 (Systems and Organizations
