Vermeg, the corporate actions systems software specialists, have entered its ‘Megacor’ application into the B.I.S.S. 2008 Corporate Actions Benchmarking.
“Megacor was proved to be an outstanding corporate actions system in the 2007 benchmarking. Vermeg has always been at the forefront in the corporate actions space, with continued enhancements to Megacor that cement their system as one of the strongest products in the market today. Last year’s report highlighted the innovative design of Megacor and with one more year of development invested we can anticipate this system to still be pushing the boundaries of technical solutions for corporate actions,” says Gary Wright, CEO, B.I.S.S. Research and creator of the B.I.S.S. business benchmarking concept.
“We are very happy to once again enter our Megacor corporate actions solution into the B.I.S.S. benchmarking. We appreciate the increasing visibility and value of the independent accreditation provided by the benchmarking. Megacor’s technical flexibility, combined with Vermeg’s extensive business knowledge of global securities markets, make Megacor an obvious choice for institutions trying to cope with the ever-more stringent regulatory requirements demanded of, and complex nature of, the corporate actions process. The benchmarking makes choosing an experienced vendor with a track record of successful implementations that much easier for them,” adds Christian Cure, executive vice president, Sales, Vermeg.