Corporate Overview

Bookmark and Share

Vermeg was established in Tunis in 2002 as a privately owned company focusing on developing innovative Solutions for the global securities markets.

The company currently employs over 400 highly trained specialists, primarily located in Tunis.

Vermeg is a specialist in Fund Administration and Securities Processing promoting International Market Standard Practices.

The Megara suite of products is a SWIFTReady system and Vermeg is a SWIFT partner. All vermeg products implement ISO 15022 and ISO 20022 messaging.

Vermeg has successfully evolved its range of products and services by using a state-of-the-art technology and by recruiting and retaining high quality, high knowledge and well trained staff.

The Megara modular system is the most comprehensive Securities Processing System in the market today, able to support global financial services in a number of areas including middle to back office solutions for custodians, Asset Servicers, Central Banks and broker dealers.

Megara has a wide array of capabilities, offering a one-stop shop. Operational areas covered include Custody, Corporate Actions Processing, Collateral Management, Treasury, Fund Administration, Trustee among others. These modules can be assembled to specific customer requirements, mitigating risk.

Vermeg's solutions are found imbedded in leading financial institutions worldwide. With a growing client list of over 50 clients in 20 countries Vermeg's reach is constantly expanding.

Vermeg's mission is to produce high quality IT solutions for its customers to enable complete fulfilment of their business needs. Vermeg's commitment to its clients is total, with customer satisfaction paramount for its products and services.

To maintain its position as one of the preeminent providers of capital markets solutions to the global securities industry, Vermeg requires ongoing training and development of its employees to ensure its staff are apprised of the latest technology and equipped with strong market expertise. Vermeg's aim is to produce the highest standard of technology and market specialists to support its business and customers.

Vermeg's nearshore software development capability in Tunis utilises its unique geographic location to provide an efficient alternative covering a wide European area in the same time zone. Vermeg's capability is designed to offer rapid track system development, making use of its exclusive Palmyra technology framework.

Vermeg is a leading and respected producer of financial industry solutions and has been recognised as such with a number of independent awards and accreditations 

Vermeg's Corporate Values

  • Vermeg is a solution specialist and not a generalist.
  • Vermeg offers its customers valuable expertise in both technology and business to enable its clients to succeed in their enterprise.
  • Vermeg offers its customers a broad range of systems modules all developed and implemented in an array of financial services firms.
  • Vermeg offers low risk, rapid system development with proven methodology for efficient testing and implementation.
  • Vermeg is committed to offering customers its undivided attention to achieve their needs.
  • Vermeg offers its customers a strong partnership to build long standing and rewarding relationships.

Vermeg Presentation