Leading the Way.

Global Securities Finance News and Commentary.

Securities finance directory

Website
www.vermeg.com Go →

Contact
Wassel DAMMAK, Head of Product Strategy
+33 6 74550290
wadammak@vermeg.com

VERMEG

VERMEG is a specialized software house covering three main market segments in financial services: Banking, Capital Markets and Insurance.

Our business solutions are designed to address the challenges linked to the transformation of the financial services industry. As information system architects, we ensure our clients can achieve cost reductions and Time-To-Market control in the modernization of their information systems.

In addition to offering standard software solutions that meet evolving digitized needs, VERMEG provides tailor-made solutions based on our own tools, project and business expertise.

VERMEG has over 1350 employees, with presence in Australia, Belgium, Brazil, China, UK, France, Germany, Japan, Hong Kong, Luxembourg, Mexico, Netherlands, Singapore, Spain, Tunisia and United States. The company supports more than 550 clients in 40 countries.

VERMEG News

Industry

VERMEG integrates CDM into COLLINE collateral management system

The free-to-use CDM data standard aims to reduce operational risk, the potential for errors and disputes, and dramatically speed up customer onboarding times

Industry

Eurex joins Clearstream and VERMEG partnership to expand use of collateral

The new solution will connect the Eurosystem Collateral Management System, Clearstream’s Triparty services and Eurex’s GC Pooling

People moves

Govender joins VERMEG

Based in South Africa, Govender will expand VERMEG's footprint in the African region among the banking, capital markets and financial services sectors

Industry

Clearstream and Vermeg to deliver first STP triparty solution linking to ECMS

Using Vermeg’s Easy Collateral product, Clearstream indicates that the solution will provide a consolidated view of ECB-eligible collateral at its CSDs and ICSD, along with enhanced liquidity management and collateral optimisation

VERMEG Features

Collateral management: leverage technology to comply with new market infrastructure

VERMEG’s director of collateral management product Wassel Dammak analyses how the ECB’s Eurosystem Collateral Management System initiative will impact the collateral space upon its arrival in November 2023