Vermiculus, a global independent provider of market infrastructure technology, today announced the launch of VeriAct corporate action system, a cloud-native solution designed to handle the full lifecycle of corporate action processing.
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 Gustav Nystedt, Senior Product Expert at Vermiculus. “With this launch, we are providing market infrastructures with a flexible product built for change that can manage any event types, regulatory requirements, and local market practices without lengthy hard-code projects.”
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.
Gustav Nystedt, Senior Product Expert at Vermiculus
