VERMEG is an international software group operating across several lines of B2B services: pensions & insurance, wealth & asset management, financial & security markets and Digital Financial Services. The company develops software used across the private banking sector, consumer finance, asset management companies, central banks, insurance and other financial services providers covering insurance policy administration, asset portfolio management, regulatory reporting, collateral management, post-trade processing, low code application development, business process management and risk management. The company was formed in 1993 by Badreddine Ouali and has headquarters in Amsterdam.

History

VERMEG was founded in 1993 in Tunisia, initially under the name of BFI and was spun off from BFI in 2002. Its headquarters are now in Amsterdam and it has offices globally, including North America, Latin America, France, Belgium, Luxembourg, UK, Singapore and Tunisia. In 2017, Crédit Mutuel Arkéa acquired 19.5% stake in VERMEG.

Acquisition

VERMEG has expanded both organically and via strategic acquisitions over the years:

Products

VERMEG provides across several financial sectors including asset management, central banking, retail banking, consumer finance, investment banking, regulatory reporting, pensions and insurance with over 400 clients worldwide. Among VERMEGs Solutions are: VERMEG also offers a low code application development platforms:

Awards and certifications

Awards

Certifications