Market changes, new standards Introduction In this quarter, we focused on market changes and new standards. MEGARA is committed to be continuously up to date with the industry and market needs. VERMEG is committed to ensuring MEGARA is always up-to-date industry needs and delivers value to the financial community. In this issue, we will see how MEGARA is being enhanced

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When insurance needs meet the legal requirements Introduction As part of VERMEG’s Digital Transformation initiatives, a digital journey of the individual affiliation form has been set up in SOLIFE for group insurance. VERMEG continues to invest in SOLIFE in order to address evolving maret needs and to fulfil legal requirements and deliver the best solution to its clients. The “NRead more

Constantly improving to embrace market evolution Introduction We are unveiling the latest release which is mainly focused on Family Office improvements including  management of the Interest statement on current accounts, Repo in a different currency from the underlying and a follow-up link to an operation. This newest version also provides improvement of matching reporting for Unit Linked Insurance Plans. In

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Enhanced Capabilities to meet regulatory changes Introduction In this issue, we will be sharing some of VERMEG’s regional initiatives on AGILE Reporter and how it is evolving to meet the continuous regulatory changes around the world and the markets’ needs. Perpetual enhancement of AGILE Reporter’s capabilities is key to maintaining an optimal solution within such a changing environment. Thus, we

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VERMEG is delighted to reach the EcoVadis Gold level for the third consecutive year, and being awarded in recognition of its Corporate Social Responsibility (CSR) achievements. The new score 2021 places VERMEG in the top 2% of companies rated by EcoVadis in the Software publishing industry. EcoVadis’ Certification methodology is built on international sustainability standards, including the Global Reporting Initiative, the

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We are proud to announce that our MEGARA© solution has successfully passed this year’s validation for SWIFT Certified Applications. MEGARA was among the very first products to be certified by Swift since the creation of the Swift certification labels many years ago. The following modules of MEGARA© have been certified compatible with SWIFT Release 2021: Securities Settlement, Corporate Actions andRead more

With a focus on continuous service improvement and after successfully obtaining ISO/IEC 27001 accreditation, VERMEG further enhanced its security policies and procedures by additionally embracing the SOC 2 standard to increase the level of security of its already resilient SaaS offering. VERMEG now proudly announces it has achieved SOC 2 certification. What is SOC 2? SOC 2 (Systems and Organizations

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VERMEG is delighted to announce that an additional tier one international bank has signed up for our edge of the envelope (pun intended!) Email Processor (EMP). EMP uses business-oriented intelligence to deliver efficiency and quality improvements to the financial services industry. Manual processing of email can be slow, costly and error prone. Our Email processor integrates with any back-end legacy system,Read more

In the 101st edition of Business Trends, you will find several examples of how businesses are settling into the new normal in 2021. VERMEG walks you through the trends that are driving the Collateral Management today, and how VERMEG is meeting those new needs. Read the article here Read the full magazine