VERMEG for Banking & Insurance Software

vermeg.com · Amsterdam, Netherlands

VERMEG is a software provider that develops regulatory reporting, collateral management, wealth and asset management, and digital transformation solutions for banks, insurers, and financial institutions. Its platforms help clients comply with financial regulations, automate back- and middle-office processes, and modernize customer-facing journeys. The company generates revenue through software licensing, SaaS subscriptions, and related implementation and support services.

  • Industry-Specific ERP
  • IT Consulting & Implementation
Revenue
$220.0M
Employees
1,300
Founded
1993
Headquarters
Amsterdam, Netherlands

What 19 Arbolus experts think of VERMEG for Banking & Insurance Software

NPS scores are polarized, with a majority of experts reporting NPS between 8–10 and one notable detractor at NPS 4–6. High spenders and more mature implementations tend to reflect stronger advocacy and renewal intent, citing robust domain expertise, scalability, and operational benefits. Renewal intent is strong in most inputs, though high cost and complexity generate uncertainty among mid-tier users. Key themes are strong control and compliance, automation, and depth, but also complexity and implementation resource demands.Overall Customer Sentiment: Positive

Who reviewed VERMEG for Banking & Insurance Software

Total customers 19 17 current · 2 former
Reviews growth +13 in six months
Seniority of respondents
  • C-Suite 63% (12)
  • Director 26% (5)
  • Manager 11% (2)
Engineering Leader C-Suite NPS 5 Will renew
Engineering Leader Manager NPS 9 Will renew
Strategy Partner C-Suite NPS 9 Will renew

Employer names and spend open in the full report, along with the other 16 customers.

Everything 19 customers told us about VERMEG for Banking & Insurance Software.

Employer names, spend, renewal intent and every written answer behind the numbers on this page.

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Sentiment

31 Net Promoter Score, from 19 scored reviews
  • Promoters 8
  • Passives 9
  • Detractors 2

Cumulative NPS by month

-1 over 6 months
  • Dec 9
  • Feb 8
  • Apr 8
  • May 8
  • Aug 8
  • Sep 8

Net Promoter Score across 2 reviews, accumulated up to each month. Category median 32 across 2 companies.

Praised

  • AI-Assisted Automation and Intelligence
  • Wider Integration and Real-Time Optimization
  • Expansion Driven by Business Growth
  • Comprehensive Multi-Asset Capability

Criticised

  • Switch Driven by Regulatory or Market Change
  • Cost Pressure and AI Disruption
  • Integration and Regulatory Responsiveness
  • Limited Coverage for Expansion

What customers say

Comprehensive Multi-Asset Capability
“VERMEG has strong capabilities across multiple asset classes, handles complex bank requirements, and offers responsive support on material issues.”
Strong Domain Depth and Process Automation
“I recommend VERMEG because it delivers domain depth in collateral, post-trade, and asset servicing, with solid process structure, audit trails, and operational visibility.”
Auditability and Control
“The platform enables automation, robust data checking, and strong auditability for regulatory reporting, reducing operational risk and labor intensity.”

Renewal intent

Plan to renew 73%
  • Will renew 8
  • Undecided 2
  • Not renewing 1

Plan to renew, by seniority

  • C-Suite 100% 4 answers
  • Director 60% 5 answers
  • Manager 50% 2 answers
  • 8.4/10 Average score from customers who will renew
  • 8/10 Average score from undecided customers
  • 7/10 Average score from customers not renewing

Top alternatives

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