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COVID-19 UPDATES

Text on ISO20022 by Yamen Bousrih

11th May 2020

Postponement of the ISO20022 for X-Border Payment and the COVID-19 crisis By Yamen Bousrih, Business Expert

Did that get your attention? The ISO20022 implementation for cross border payments has been delayed, but not due to the coronavirus crisis. It could, however, be impacted. SWIFT cancelled SIBOS this year due to COVID-19, but the decision to postpone the go-live of ISO20022 for cross border payments (MT Categories 1, 2 and 9) from […]

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Text on current affairs discussing GDP by Jonathan Cardwell

7th May 2020

Banking, Regulation and Covid-19: (Stress) Testing Times By Jonathan Cardwell, Product Consultant

They say all good things must come to an end eventually. After more than 10 years of sustained economic growth and steadily rising GDP across Europe and the rest of the world, that end has come in a dramatic way this year. To say I would have been shocked if anyone had of predicted that […]

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A text on Liquidity, capital and regulatory changes

1st May 2020

Are you stockpiling or using your assets efficiently? By Helen Nicol, Head of Solutions

At VERMEG we believe that optimisation solutions should be tailored to different market sectors. Different organisations have varied drivers and priorities depending upon their size, their strategy and the legality of pooling assets across multiple entities or funds. Each organisation must set its own goals in relation to what it wishes to accomplish, whether this […]

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1st May 2020

Navigate the crisis By Wassel Dammak, Head of Product Strategy, Collateral Management

To face Covid-19 crisis, many financial firms triggered disaster recovery plans. Due to the lockdown in different countries, they had to cope with an unprecedented way of working, entirely decentralized, with most of the staff working from home. At the same time, both buy side and sell side firms had to manage higher trading volumes […]

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1st May 2020

Has Margin Call madness highlighted broader failures in the collateral ecosystem? By Matthew Siredzuk, Senior Sales Executive

As Covid-19 sweeps the world, we’ve seen global leaders in ICU, negative oil prices, record-high global debt, record-low interest rates, equity markets in free-fall, F1 teams building emergency medical equipment, and conspiracy theorists out in full force – no doubt there will be geopolitical powerplays going on behind the scenes. 5G towers and Chinese biochemical […]

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