DEFAULT Management by VERMEG

CCPs have invested millions in their clearing market and risk infrastructure which introduces and manage risk to the CCP yet they lack a formal system to manage and unwind risk in an actual default whether real or simulated.

Ensure consistent and repeatable application of CCP policies and changes using VERMEG digital apps designed to interoperate with CCP’s legacy IT infrastructure to achieve maximum default management automation.

VERMEG is here to help you meet today’s challenges

/ Current market conditions reflect highest probability of default in over a decade

/ Default management efficiency can improve credit and market risk loss mitigation

/ CCPs often rely on long manual processes to manage default

/ Client portability and auction procedures are complex and manually tracked

/ A Real time view of adequacy between resources and potential losses is key

/ CCP Waterfall monitoring is critical to align resources and alerting

VERMEG Default Management Solution

Key Benefits

/ Encompass all key steps and processes to manage a Default

/ Centralized and evolutive dashboards

/ A modern digital architecture focusing on exceptions management enabling CCPs to reduce operational risks and time-to-react


To know more about DEFAULT Management download our brochure