VERMEG Empowers Euronext Securities with MEGARA: Transforming Corporate Actions Management Across Europe

We are thrilled to announce the successful implementation of our flagship software, MEGARA, at Euronext Securities Porto, marking the first achievement in its partnership with Euronext Securities.

Building on this success, VERMEG is excited to embark on the rollout of MEGARA across Euronext Securities’ branches in Denmark, Italy, and Norway, further revolutionizing corporate actions management across the European CSD network.

The successful implementation of MEGARA at Euronext Securities Porto represents a significant milestone in VERMEG’s commitment to providing innovative technology solutions that drive efficiency and compliance in post-trade services.

Leveraging its expertise and state-of-the-art technology, VERMEG has collaborated closely with Euronext Securities to streamline and optimize corporate actions processing, ensuring adherence to the latest European regulations and standards, including eCMS.

MEGARA’s comprehensive and modular suite, coupled with its innovative architecture, has empowered Euronext Securities to enhance operational efficiency, maximize straight-through processing (STP), and automate critical functions.

With features honed over a decade of adapting to market standards for Financial Market Infrastructures (FMIs), MEGARA offers unparalleled flexibility and monitoring capabilities in a multi-entity and multi-market environment.

As VERMEG looks ahead to the rollout of MEGARA across Euronext Securities’ markets, the company remains committed to delivering exceptional value and support to its clients.
By standardizing and automating corporate actions processing throughout the Euronext Securities network, VERMEG aims to further strengthen its position as a trusted partner in the financial industry, driving innovation and excellence in post-trade services.

«We are delighted to celebrate the successful implementation of MEGARA at Euronext Securities Porto, marking the first step in our partnership with Euronext Securities,» said Khaled Ben ABDELJELIL, Senior Vice President Head of Banking & Market Infrastructure at VERMEG.

«As we prepare to rollout MEGARA across Euronext Securities’ markets, we are confident that our cutting-edge technology will continue to deliver tangible benefits, transforming corporate actions management and setting new standards for efficiency and compliance.»