Trusted expertise, one hundred and first edition 2021 and first one hundred

business magazine for international enterprises business trends solving complex problems 43

The path to a ‘no touch management world’ starts, according to and management. Amsterdam-based VERMEG, with the analysis of business processes, using VERMEG’s highly cost-efficient end-to- techniques like process mining to understand where and which are the inefficiencies end collateral and award-winning and bottlenecks to begin transforming. VERMEG was recognised as a winner management service, COLLINE.Cloud, is with its collateral management and optimisation platform, and named ‘product a modular cloud-based collateral of the year’ at the Risk Markets Technology Awards 2021, an annual ranking of management platform that is highly technology solutions in the derivatives and industry. “VERMEG’s automated and adaptable, and can be winning collateral management platform COLLINE is the established market leader implemented rapidly and seamlessly to for managing, automating and optimising the end-to-end collateral process,” meet this need. The agile and scalable says Wassel Dammak, Director, Collateral Management Solutions at VERMEG. software, with flexible sizing and configuration, has been developed from Wassel explains that VERMEG is a China, UK, France, Germany, Japan, Hong the award winning and market leading specialized software house covering three Kong, Luxembourg, Mexico, the service, COLLINE, and has additional main markets: Banking, Capital Market Netherlands, Singapore, Spain, Tunisia capabilities including Standard Initial and Insurance. “We provide proven and the United States. The company Model (SIMM) calculations and a solutions and a Digital Transformation supports more than 550 clients in 40 new user interface. According to Wassel, platform, PALMYRA. Our business countries. a unique aspect of COLLINE.Cloud is solutions are designed to address the Collateral management is the process of hosting. “Due to the depth of challenges linked to the transformation of two parties exchanging assets in order to functionality, its impressive hosting the financial services industry. As reduce credit risk associated with any options are completely agnostic to client information system architects, we ensure unsecured financial transactions requirements and offer the widest variety. our clients achieve greater efficiency, between them. Such counterparties COLLINE.Cloud offers both single-tenant better user experience, the ability to grow include banks, broker-dealers, insurance AWS instances for large clients, who are their business and reduce costs. With an companies, hedge funds, pension funds, more security sensitive, along with multi- agile approach, a faster time-to-market is asset managers and large corporations. tenanted, native environments for the norm for our customers as they Apart from evolving into a dedicated smaller clients, who are more cost modernize their information systems.” business practice, collateral management sensitive.” VERMEG has over 1600 employees, with is gaining in importance as an effective VERMEG is confident that COLLINE’s a presence in Australia, Belgium, Brazil, risk mitigation technique in the areas of depth of features, breadth of asset classes, variety of hosting solutions and desire to pursue innovation has led it to be entrusted by some of the largest sell- sides and buy-sides in the world, and puts COLLINE ahead as the one to beat.

VERMEG Ltd Legal Strawinskylaan 411, WTC, Tower A, 4th floor 1077 XX Amsterdam The Netherlands Website: www.vermeg.com