Financial Markets & Securities Services
MEGARA value for our clients
MEGARA is designed based on the best practices and the market standards recommendation.
Client stories
Client 1
Challenge
> European & Scandinavian market changes related to T2S and CSDR.> ISO 15022 & 20022 standards in the following markets: Finland, Sweden, Denmark, Norway, Europe and US.
> Provide a single platform to manage external and internal communications for collateral and treasury business.
> Reduce Complexity and Cost
Solution
> Implementation of MEGARA Platform in Client’s CCP :Use MEGARA as a single hub to Euroclear Finland, Euroclear Sweden, VP DK, VPS, EUR and BNYM
Results
> ISO 156022 & ISO 20022 compliant> Easy integration with old version and phased upgrade approach
> Support of increasing business volume
Client 2
Challenge
Challenges> Meet new regulations and standards
> Develop Custody Business
> Reduce Complexity and Cost
Solution
> Implementation of MEGARA Platform in Spain:> Full Post-Trade processing
> Serving Local and Global custody
Results
> Meet target dates for Clearing House connectivity and T2S functions in Spain> Deployment of same platform in LATAM countries
> Easy integration with old version and phased upgrade approach
> Support of increasing business volume