Vermiculus Launches AI-Powered Corporate Action System VeriAct
Vermiculus, a global provider of market infrastructure technology, has launched its new corporate action system called VeriAct. The cloud-native solution is designed to handle the full lifecycle of corporate actions with complete transparency and automation through configurable event types, formulas, and tax rules. It supports both official processing and simulations while ensuring accurate outcomes for downstream systems. The AI-powered platform allows market infrastructures to adapt quickly to evolving regulatory requirements without lengthy hard-code projects. The system is already in use by clients like B3, one of the world's largest market infrastructure operators. Built on a microservices architecture, VeriAct offers flexible deployment options and seamless integration with existing systems. Vermiculus aims to revolutionize corporate action processing through its scalable solution that supports trading, clearing, and CSD operations. The company emphasizes flexibility and adaptability in managing complex scenarios across global markets.
Topics: cloud-native_systems corporate_actions financial_technology