Product – Megara

Financial Markets & Securities Services
A comprehensive and modular suite covering post-trade processing Designed with up-to-date technology and an innovative 3 view architecture: operations view, client view and market view. This allows an easier integration of new markets and clients requirements without impacting existing operations.

MEGARA value for our clients

Retail and/or Wholesale, Local and/or Global:Operate everywhere
Keep up to pace with all regulatory evolutions (either global or local)
Reduce cost and complexity: A single Hub
Keep a full Audit trail and history track change
T2S Ready (either as DCP or ICP)
Take advantage of native and real-time Connectivity with the best world Standards (Swift, ISO20022)
Extend your Business by covering all the Value Chain (or just select one Module): DvP, Settlement, Corporate Actions, Collateral Management
Benefit from proven implementation methodology with configurable integration layer, for a time-to-market deployment

Client stories

Reshaping a central hub for multi-local custody expansion

Our client is both a Multi-local custodian, covering multiple countries through dedicated implementations, and a Global custodian from its main operations centre.

Facing sharper competition and pressure on prices, our client decided to drastically reduce costs, and implement high-end Hub Servicing. This challenging initiative was successfully implemented thanks to MEGARA. Our client selected MEGARA to be used in a single operations centre, connecting directly to local CSD.

With MEGARA, this challenging new model is now a reality.The project was completed within 20 months, because of MEGARA’s flexibility for local parameterization . STP indicators increased drastically, and our Client is now ready to cover many additional markets.

Paradigm shift to global custody, for more business

In this case, our client is a major local custodian serving institutional and retail clients. Taking advantage of the regulatory changes, his strategy is to extend its global custody activity and add new countries to Local Custody.

The previous platform was a complex network of legacy applications, under heterogeneous technologies, both expensive and highly risky: upgrading for more scalability seemed impossible. Our client’s Business Plan and Strategic ambitions needed strong modernization and a real paradigm shift.

MEGARA met all expectations and requirements to support these ambitions, as a single integrated platform, getting rid of legacy applications. After a 22-month project based upon mutual trust and collaboration, our client is now delivering high class servicing for local and international institutional clients.

In addition to the Wholesale Business, real-time connection of multiple banking networks to MEGARA also enabled the servicinge of a wide range of Retail clients. MEGARA’s Multi-Entity scalability enables integration and easy on-boarding of any new Custody activity.

Change the paradigm with Megara and experience the resulting growth!