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Home Business News Digital & Technology

Fusion Acusoft and Vega Solutions merge to provide financial services software solutions

July 8, 2022
in Business News, Digital & Technology, Financial Services, Guernsey News
David Collings
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Vega Technology Group has launched, providing a suite of intelligent, turnkey FinTech and RegTech software products to international financial services clients.

With more than 20 years’ experience in 20 different jurisdictions, the Vega Technology Group’s team can automate the burden of regulatory reporting, risk assessment and development on online portals. The team work in partnership with clients to improve operational efficiency, compliance and risk management within financial services, while reducing costs and enabling clients to focus on their own customers’ needs.

Formed following the merger of Fusion Acusoft and Vega Solutions Limited, the new group will expand and develop its innovative portfolio of products to offer exceptional customer service to its clients, including private banks, wealth management firms, pension and corporate services providers, trust and fund administrators.

The group has plans to develop its suite of products: integrated enterprise applications and automation tools for accounting and administration, regulatory reporting products, including FATCA and CRS Tax reporting, and secure online portal development, together with e-banking, mobile and app solutions.

Vega Technology Group’s capabilities will continue to grow, across the Sirius, TDE (Tax Data Exchange), Acumen and Flyingboat and Banking product range, to meet and anticipate the industry’s ever-changing digitalisation needs and provide flexibility, scalability and secure solutions for clients. The group is committed to supporting all of its existing products as it continues on its evolutionary path to the cloud.

David Collings (pictured), Managing Director, commented: “We are proud to offer a strong and evolving portfolio of products to support our clients’ changing technology needs. Our focus now is on cloud technologies and integrating our products with other industry standard tools to support digital transformation, risk management and compliance.”

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