VERMEG is proud to be granted the prestigious 2022 Swift Certification label

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. It manages a wide variety of transactions types and offers native connectors to major CSDs, custodians and other market infrastructures.

” MEGARA Corporate Actions “is a flexible solution designed to relieve the customers from the burdens of managing the complexity and risk inherent to Corporate Actions. This solution offers a full automation of the process and natively embeds the international standards and all the Best Practices recommended by the regional Corporate Actions Working Groups.

” MEGARA Collateral Management” is a solution automating the processing of collateral for several possible uses and purposes: SBL, liquidity & monetary policy management, etc.. This solution is being used by some major Custodians and Central Banks in Europe and elsewhere.

One of the main changes introduced this year is the introduction of new structured fields to deal with digital assets transactions.

Since last year, MEGARA has already been able to offer custody services for traditional and digital assets over several Blockchain platforms. With these changes, MEGARA can now benefit from Swift as a structured and secure channel for receiving and reporting transactions on the Securities Token.