IBM PureSystems Centre

Extending the value of IBM PureSystems

MEGARA

VERMEG
System:
IBM PureApplication System
Provided by:VERMEG
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Megara® is a global securities processing platform which has enabled the successful automation of the middle to back office tasks of major banking institutions in more than 12 countries.

Megara® clients include Global/local custodians, brokers firms, central banks, private banking and investment managers.

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  • - Business Value

    Pattern Overview


    megara® is a global securities processing platform which has enabled the successful automation of the middle to back office tasks of major banking institutions in more than 18 countries. Originally designed in 1996 with the assistance of both JP Morgan and Euroclear consulting resources,

    megara® has been installed at local custodians with local market connectivity issues as well as custodians with a global custody approach, i.e. cross border processing of events via a network of sub-custodians. It has also been installed at brokerage firms, central banks, private banking institutions and investment managers.

    Business Case

    Business Problem

  • -Technical Details

    Megara® is composed of business modules including:

    • Megatrade® : OMS & trade processing
    • Megacustody®: Settlement management
    • Megacash®: Cash management and cash transfer
    • Megacor®: Corporate actions processing
    • Megalend®: Securities lending

    Each of which may be implemented on a standalone basis, interfacing with existing legacy systems or together as an integrated whole.

    All the application modules share the same core that includes common functionalities (Static data,Positions, Accounting, Fiscal and Fees management) as well as connections to services such as SWIFT, CSD, or data feed providers.

  • - More Information

    Provider Information


    Name: Christian CURE

    Email: info@vermeg.com

    Phone: +33 1 55802420

PureSystems patterns are part of a broad portfolio of PureSystems solutions for business, cloud, and infrastructure applications.

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