Mercury is a regulatory and risk reporting application from Quadrum SA in Lausanne, aimed at banks and financial institutions. It covers Swiss National Bank reporting modules and risk reports on credit, market, liquidity and interest-rate risk. A validation engine turns regulator rules into data checks, variation analysis compares reporting periods, and a workflow dashboard supports four-eyes review before submission. The vendor aims to cover EU reporting such as COREP and FINREP on the same platform.
Quadrum SA is headquartered in Lausanne; no parent group is named. The web application is installed on-premises or in a cloud environment of the client's choice, runs on Docker and offers an API. For on-premises installations the vendor states that it has no remote access and processes no end-customer data, so the client remains data controller and decides where data resides. Switzerland is not in the EU but is an EFTA country with an EU adequacy decision. The privacy notice refers to the revised Swiss data protection act and the GDPR.