VERMEG chosen as Best Reporting System Provider in the 2021 Waters Ranking Awards
Depth of Geographical Coverage and Intuitive End User Experience ensure a combination of Efficiency of Process and Stringent Governance in Regulatory Reporting
16th July 2021
VERMEG, a specialised software house offering solutions in Banking, Capital Markets, Insurance and Digital Transformation, today announced that it had been voted ‘Best Reporting System Provider’ through an online voting process conducted by Waters Technology.
“As financial services firms across the globe continue to see the evolution and expansion of regulatory imperatives, it is increasingly important that reporting institutions are able to avail themselves of efficient, robust and functionally rich solutions. WatersTechnology’s readers have selected VERMEG as the leading provider in this space,” said Victor Anderson, global content director of WatersTechnology.
“We are delighted that VERMEG has been recognised in this years Waters Rankings as Best Reporting System Provider. The WatersTechnology award is particularly important to us as it is decided by the votes of solution users and reflects our continued success in the Regulatory Reporting space.” added Andrew Kesbey, Global Head of Regulatory Solutions.
“We continue to make significant investment in our solution to reflect the needs of our client community and also to anticipate market and regulator trends. VERMEG appreciates the increasing regulatory burden on financial firms and aims to provide a solution in AgileREPORTER that allows institutions to stay up to date with regulatory demands without incurring undue cost or operational risk.
We thank the readers of WatersTechnology, and, of course, our clients for demonstrating their continued support of our solution”
VERMEG’s AgileREPORTER is a fully scalable regulatory reporting solution widely used by financial institutions across a range of global jurisdictions, incorporating functionality such as User Review, Validation/Cross-Validation, Configurable Workflow with Request for Information functionality, Data Lineage as well as Variance and Trending.
The solution is offered as a Cloud-based service or on premise installation. A wide variety of deployment options is available from direct entry to a fully automated end-to-end solution, offering an unparalleled range of choice for our client community and supporting the full, global reporting coverage of AgileREPORTER in EMEA, North America and Asia Pacific