Vermiculus Launches AI-Powered, Configurable Corporate Action System
VeriAct, Vermiculus corporate action system, enables market infrastructures to manage any corporate action event type through a fully configurable, cloud-native system with complete transparency, automation, and scalability.
The corporate action system features fully configurable event types, formulas, and tax rules, allowing organizations to respond quickly to new market demands. Explicit and auditable outcome logic provides complete transparency and traceability throughout the processing chain, while comprehensive notification capabilities keep market participants informed throughout the event lifecycle.
The system is designed to handle both official processing and simulations with equal precision, making it suitable for any system that depends on corporate action results. It efficiently processes complex scenarios by parameterizing any event type invented in the market, while ensuring accurate outcomes and consistent delivery to downstream systems.
"Corporate actions require market infrastructures to manage a constantly evolving range of event types. With our new AI-powered corporate action system, we've made that process dramatically simpler and more flexible," said
The VeriAct corporate action system is used by clients such as B3, one of the world's largest market infrastructure operators, Built on a microservices architecture, the system offers flexible deployment options and seamless interoperability through message-based integration. Individual components can operate independently, enabling high-performance processing while isolating workloads and simplifying integration with existing market infrastructure environments.
The VeriAct corporate action system is available as a stand-alone solution or as part of Vermiculus' broader portfolio of cloud-native systems supporting trading, clearing, and CSD operations.
About Vermiculus
Vermiculus Financial Technology AB provides best-in-class trading, clearing, and CSD solutions to market participants around the world. Vermiculus' solutions are the first to bring state-of-the-art advances in dynamic microservice architecture together with vast experience in clearing house, exchange, and CSD business requirements
The company started its operation in 2020 and is founded by industry experts with the incentive to revolutionize the technology of exchanges, clearing houses, and CSDs. With its headquarters in Stockholm, Sweden, Vermiculus consists of hand-picked teams, trained to deliver mission-critical solutions. Learn more at vermiculus.se
For further information, please contact:
Amelie Hedenstierna - PR & Communications
Vermiculus Financial Technology
Tel +46-(0)73 622 24 54
[email protected]
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View original content:https://www.prnewswire.com/news-releases/vermiculus-launches-ai-powered-configurable-corporate-action-system-302899638.html
SOURCE VermiculusFT
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