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.[1] The company develops software used across the private banking sector, consumer finance, asset management companies, central banks, insurance and other financial services providers[2] 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.[3]
History
VERMEG was founded in 1993 in Tunisia, initially under the name of BFI and was spun off from BFI in 2002.