VERMEG is pleased to announce that our Colline solution has won the Risk Market Technology Award for Collateral Management and Optimization Product of the Year. This is an annual ranking of technology solutions in the derivatives and risk management industry.<\/p>\n
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VERMEG is pleased to announce that our Colline solution has won the Risk Market Technology Award for Collateral Management and Optimization Product of the Year. This is an annual ranking of technology solutions in the derivatives and risk management industry.<\/p>\n
Risk Markets Technology Awards focus on market, trading and investment risk technology. The award are decided by a panel of judges selected by the editors of Risk.net, and includes technology users, analysts, and members of the editorial team. Winners are selected based on how they meet the industry’s functional and technical needs, areas of superiority compared to the competition, and how their product\/service has improved over the past 12 months.<\/p>\n
Wassel Dammak, Director Collateral Management at VERMEG<\/strong> said: “We are thrilled to have won Risk’s award for the Collateral Management and Optimization Product of the Year. Winning is a result of the ongoing investment we've made in Colline which enables our clients achieve greater levels of efficiency, drive innovation and maintain regulatory compliance. We've expanded Colline to include a fully cloud service, Colline.Cloud which brings the solution to a much broader client base. As a result of the COVID crisis we've adapted our processes and delivered a fully remote Colline implementation from contract signature to go-live.”<\/em><\/p>\n <\/p>\n COLLINE supports all strategic and regulatory requirements for automated collateral management operations for Banks, Fund Administrators and Buy-side organizations.<\/p>\n Best-practices – Our employees are expert collateral practitioners who continuously collaborate with our clients to ensure the ongoing improvement of the COLLINE product.<\/p>\n Regulatory Readiness – Perpetually satisfy current and future regulatory requirements with features that are embedded into the core functionality of COLLINE.<\/p>\n Connectivity – Our best of breed integration solution natively connects with market ecosystems (CCPs, SWIFT, custodians, Acadia, TriOptima) for rapid and seamless integration.<\/p>\n Cross-Product Margining – COLLINE consolidates workflow across multiple products to provide admins with end-to-end automation, client configurable business rules and real-time visibility and control.<\/p>\n