Established in 1994, initially under the name of BFI, Vermeg has more than a dozen years of experience in the fund and securities processing industry. It was introduced as a spin-off from BFI in 2002.

The company is privately-held by owners who take an active involvement in the development of the products and the company.

Vermeg’s mission is to be a global leader in providing STP solutions, advanced technology, and strong expertise in the specialised market segments the company serves: Securities processing, Corporate Actions and Fund Management.

With over 50 clients in 15 countries, it numbers amongst them leading financial institutions such as Société Générale (SG), BNP Paribas, Banco Santander group, Axa Investment Managers, HSBC Securities Services France, Aviva, Banque de Luxembourg, Bank of France, Bangkok Bank, National Bank of Kuwait, and the San Paolo group.

Vermeg has established itself both as a provider of innovative and technologically advanced solutions to the financial market and as a long term partner, fully involved in its clients’ ongoing requirements through its highly experienced consulting staff and a successful track-record of a broad spectrum of implementations.

With a staff of more than 170 people, a presence in Paris, Madrid, Athens and an off-shore R&D centre in Tunis, Vermeg is set for rapid expansion in the future.

Our success results from a combination of corporate values:

• We provide software solutions only for the business segments we know very well.
  We are “Specialists” as opposed to “Generalists”.
  
  
• We offer to our clients more than just a software system. Through the unrivalled business expertise and know-how of Vermeg staff, resulting from more than 12 years of industry experience, we provide them with best practices configurations and packaged implementations. 
  
  
• We offer superior Java/J2EE-based technology, bringing our clients the competitive advantages of decreasing both the time to market for value-added services and the cost of ownership, while improving the quality of the services provided to their demanding clients.
  
  
• We are committed to a long-term partnership with our clients, based on a collaborative and constructive approach.  We look for a truly win-win scenario.
  
  
• We place our staff at the heart of our success and are very selective in our hiring. We retain the best talents and offer them a dynamic and ambitious career path in a friendly environment. As a result, we enjoy a very low staff turnover.