|Vermiculus Financial Technology|
|Key People||Taraneh Derayati - CEO|
Vermiculus Financial Technology is a Swedish-based technology provider founded by former leaders of Cinnober Financial Technology, including former Cinnober executive chairman Nils-Robert Persson. It was formed in 2019 with the aim of helping exchanges and clearing houses navigate the financial IT landscape.
Vermiculus Financial Technology, VFT, is an independent provider of high-performance technology to exchanges and clearing houses.
A group of former leaders from Cinnober Financial Technology established Vermiculus in 2020 in response to what they saw as market demand for independent providers of best-in-class technology. The company began with 25 employees, many of whom previously led technical operations at a number of large global exchanges and clearing houses over the past 30 years, including B3, Japan Exchange Group, OCC, Australian Stock Exchange, Dubai Gold & Commodities Exchange, London Metal Exchange and Clearinghouse, Stock Exchange of Thailand and the Johannesburg Stock Exchange. 
Products and Services
The company's products cover the lifecycle of a trade, from pre-trade risk management to its settlement.
In February 2021 Vermiculus launched a scalable, AI-powered, real-time clearing system, part of a group of products the company offers that serve the transaction chain. Vermiculus said the system brings together state-of-the-art advances in dynamic microservices architecture with experience in clearing house business requirements. 
- About. Vermiculus.
- PROTESTS HAMMER U.S. CITIES STILL RECOVERING FROM LOCKDOWN. John Lothian News.
- Vermiculus launches trading and clearing systems tech. Fintech Futures.
- Was 1984 the birth of FinTech in the Nordics?. Vermiculus.se/.
- The First Microservices-based Clearing System with AI-Capabilities. Vermiculus.se.