What veritas group does

Veri Global, operating under the legal name Veri and headquartered in Phoenix, Mauritius, is a private investment administration platform company founded in 2014. It provides compliance, custodianship, and connectivity infrastructure to financial institutions across African markets, with a stated capability to extend to international jurisdictions. The platform is composed of three components: the core Veri Platform, which delivers multi-level permission-based access, direct API connectivity for reconciled investment data delivery, and integration with local custodians, exchanges, and financial data sources across multiple African countries; Gravitas, a product module within the platform; and VPF (Veri Portfolio Fund), a portfolio and fund administration module. Development is structured around continuous engagement with national regulators to ensure framework compliance across jurisdictions, positioning the platform as institutional-grade infrastructure rather than a standalone software product.

The company serves five defined customer segments: financial regulators, banks and custodians, pension administrators, asset managers, and independent advisers. Named enterprise customers are concentrated in the banking vertical and include FBC, STANBIC, MCBS, BMCAB, SECOBANK, and ACCESS. Go-to-market is a consultative enterprise sales motion with a structured five-step onboarding process — reach out, book demonstration, complete Terms of Business, define investment universe, access platform — implying recurring subscription revenue from institutional clients under custom commercial agreements.

Revenue mechanics are subscription-based and recurring, with no publicly disclosed pricing tiers or price points. The firm operates with 11–50 employees, maintains an active website and multi-channel presence (LinkedIn, YouTube, Twitter/X, Facebook, Instagram, newsletter, blog), and has not disclosed funding rounds, M&A activity, leadership changes, or financial figures in the available data.

Name

veritas group

Legal name

Veri

Website

https://veritas-group.org

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

Veri Global is a Mauritius-headquartered investment administration platform providing compliance, custody connectivity, and API-driven data delivery to banks, pension administrators, asset managers, and regulators across African markets.

Ownership category

akta.pro rank

Product category

Investment Administration Software

NAICS

Portfolio Management and Investment Advice (523940), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)

SIC

Finance Services (6199), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Managed Account Platforms (Separately Managed Accounts / Customized Portfolios) (FSAHAKAC)

akta.pro secondary industries

Digital/Hybrid RIAs (Robo-Enabled, Tech-Forward) (FSAAACAJ), Investment Management Advisory (RIA) (FSAEAAAB)

Keywords

• Investment administration
• Multi-asset trading
• Custodian integration
• Regulatory compliance
• API connectivity

Headquarters

HQ city

Phoenix

HQ country

Mauritius

HQ region

Africa

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Platform Administration Services: Subscription-based access to the Veri investment administration platform providing compliance, custodianship connectivity, and data delivery services. The multi-step onboarding process with Terms of Business completion suggests recurring subscription revenue from institutional clients.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels8 records

Core offering

Veri Global operates a proprietary investment administration platform that provides compliance, custodian connectivity, and reconciled data delivery infrastructure for African and global markets. The platform offers multi-level permission-based access controls, direct API connectivity that delivers reconciled investment data into client systems, and integration with local custodians, exchanges, and financial data sources across multiple African jurisdictions. It serves financial regulators, banks, custodians, pension administrators, asset managers, and independent advisers as infrastructure for managing investments across asset classes and jurisdictions.

Product overview

Veri Global offers a unified investment administration platform with three main components: the core Veri Platform for investment administration, Gravitas, and VPF. The platform provides multi-level access controls, direct API connectivity for data delivery, and integration with local custodians and exchanges across Africa. It is designed as infrastructure for administrators, asset managers, pension administrators, and financial institutions to manage investments across asset classes and jurisdictions.

Differentiator

Problem solved

Functional benefit

Brands

• Gravitas: Investment administration platform component mentioned in navigation menu.
• VPF

Products and services

• Veri Platform A proprietary investment administration platform providing compliance, custodian, and connectivity infrastructure for African and global markets, offering multi-level permission-based platform access, direct API connectivity that delivers reconciled investment data into client systems, and integration with local custodians, exchanges, and financial data sources across multiple African jurisdictions. It is designed for banks, custodians, pension administrators, asset managers, independent advisers, and financial regulators.

Named customers6 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators2 records

Expansion highlights3 records

Broad incumbents

• Temenos: Major banking software provider with strong penetration in African banks (several of which also appear on Veri's customer list) and a wealth/investment administration module — represents the large incumbent risk to Veri's banking segment.
• FNZ: Global wealth management platform serving asset managers, advisers and pension administrators with end-to-end investment administration, custody connectivity and API integration — the closest direct functional analogue to Veri at much larger scale, though focused on developed markets.
• SS&C Technologies: Provides investment and fund administration software (e.g., Advent, Geneva) used by asset managers, hedge funds and pension administrators globally — overlaps with Veri's administration, reconciliation and adviser workflows.
• Clearwater Analytics: Cloud-based investment accounting and reporting platform used by insurers, asset managers and corporates, with API connectivity into custodians and data sources — overlaps with Veri's reconciled-data positioning but at a much larger institutional scale.
• FIS (Fidelity National Information Services): One of the largest global providers of investment management and custody technology (e.g., FIS Private Cloud, Asset Arena), serving institutional and wealth clients — broad incumbent competing for the same institutional wallets Veri targets.

Emerging players

• Mambu: Cloud-native core banking and lending platform with a growing presence in African banks, often through composable APIs — comparable digital-first architecture and target institutional clients, though focused on core banking rather than investment administration.

Regional players

• Flutterwave: Pan-African digital payments infrastructure company with similar 'Africa-built for the world' positioning and enterprise bank relationships — comparable GTM narrative and regulatory footprint, though Veri targets investment administration rather than payments.
• Network International (now part of Circle): Pan-African and Middle East payment processor serving many of the same banking customers as Veri — relevant comparator for distribution into African financial institutions and regulatory positioning, even though the product is payments rather than investment administration.

Direct peers

• Backstop Solutions: Provides investment management workflow, CRM and portfolio administration software to hedge funds, pensions and asset managers, including allocator and adviser workflows — comparable institutional customer base and SaaS delivery.
• Profile Software: Provides investment management and asset servicing software (Axia, FMS.next) for asset managers, pension administrators and custodians globally, including emerging markets — comparable platform depth and target segments to Veri.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xtwitter.com/veriglobal
• YouTubeyoutube.com/@veriglobal
• Facebookfacebook.com/veri.global
• LinkedInlinkedin.com/company/veri-global
• Instagraminstagram.com/veriglobal

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about veritas group