Vermeg Receives SwiftReady Label for Megacor

Vermeg has received the 2008 SwiftReady label for its corporate actions solution, Megacor, for the sixth year in a row. The label denotes that Swift has deemed the solution in compliance with local standards and practices, following a testing process, according to Hervé Valentin, business development manager, partner management at Swift.

Valentin adds: “Earlier this year, Swift announced a complete revamp of the way it manages its relationship with partner organisations, to encourage efficient solutions offering that deliver value and provide market driven benefits to the financial organisations.”