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After an overview of the European market, a selection process and a first proof of concept phase that started towards the end of , the Bank has confirmed the selection of the J2EE-based software suite, MEGARA, supplied by euromacpaints.in scope of the PRISME 7 project encompasses several activities of the new Post-trade Operations Department (created in February by the merger of the. Megara Levels SafeGuard solves the irritating issue, where the elements get deleted by the deletion of associated Levels. Users are prevented from deleting levels, and are notified that elements will be lost, unless they manually unprotected the level. And more that! Jun 08,  · Paris-based software firm Vermeg says the Bank of France has bought its Megara securities processing platform. The central bank’s so-called PRISME 7 project aims to modernise its custody and depository technology, and install a new platform for managing securities transactions generated by its membership of the European System of Central Banks (ESCB).