Strassen/Luxembourg, 23 November 2022 – Banking and insurance software leader VERMEG together with Open Finance pioneer LUXHUB, are today announcing a new partnership around the collection and processing of custodian data, available to insurance companies. Custodix Hub, through the combined tech expertise and industry knowledge of both partners, facilitates the flows and financial data exchanges between custodian banks and insurance companies, inRead more

VERMEG’s director of collateral management product Wassel Dammak analyses how the ECB’s Eurosystem Collateral Management System initiative will impact the collateral space upon its arrival in November 2023. Central banks play an important role in ensuring sufficient liquidity is available to financial markets. One typical example of how technology can support innovation in collateral management is the Eurosystem Collateral ManagementRead more

TBGS (TOP BORROWER GROUPS SURVEY) - Updates and revised implementation timelines as published by MAS and applicable to banks in Singapore The reporting requirements of the existing Top 100 Non-Bank Borrower Groups Survey, CR Top Exposures and Credit Migration Returns are revised and consolidated into a single return, known as the Top Borrower Groups Survey (TBGS). The Monetary Authority ofRead more

We are proud to announce that MEGARA© solution has successfully passed this year’s certification for SWIFT Compatible Applications. All validations have been completed and proved to be successful to qualify VERMEG for the Securities Settlement, Corporate Actions labels and Collateral Management labels. ” MEGARA Settlement “is a clearing and settlement solution that automates the full life cycle of securities transactions. ItRead more

After winning the Central Banking’s Collateral Management Services Award 2022, VERMEG is glad to attend the Central Banking Summer Meetings 2022 as a partner, virtually between June 13 and 15, and via in-person Masterclasses held in Brussels on June 16. The Central Banking Awards trophies were presented at the virtual ceremony that has marked the first day of Central Banking’sRead more

We are excited to announce that VERMEG is among the winners at the FTF News Technology Innovation Awards 2022!  VERMEG’s COLLINE has been named „BEST SELL-SIDE COLLATERAL MANAGEMENT SOLUTION“ this year. Financial Technologies Forum celebrates and recognizes the professionals, financial technology vendors, service providers, industry bodies and regulators that have made significant strides and noteworthy achievements in operational excellence during

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We are proud that VERMEG was among the winners of the Global Custodian’s Leaders in Custody Awards this year: VERMEG’s MEGARA have been greatly recognized with the Innovation in Digital Custody Award. The annual Leaders in Custody Awards 2022 winners were announced on May 4th at the gala dinner at The Savoy, London, with industry leaders from the securities services worldRead more

We are proud to announce that VERMEG has been named the winner of Central Banking’s Collateral Management Services Award 2022. This award is a recognition to the entire teams’ hard work and confirms VERMEG’s position as the leading provider of key solutions for central banks in the collateral management and post-trade processing area. The selection of VERMEG and MEGARA is a

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VERMEG is thrilled to announce that COLLINE has been nominated for the ‘BEST SELL-SIDE COLLATERAL MANAGEMENT SOLUTION’ category in the FTF News Technology Innovation Awards 2022. This Award recognizes the accomplishments of a provider that has made great strides in helping sell-side operations maximize their collateral management operations via advances to the workflow, IT systems, and counterparty interactions. The award

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