BFI

Tunisian publisher of core banking, clearing and central-bank software

Category
Banking software
Status
Status unclear
Headquarters
Tunis

Most recent coverage we found dates from 2019–2020 (BEAC contract); no more recent public news located.

About

BFI is a Tunisian publisher and integrator of software for banks and central banks. It is best known for its Global Banking Carthago core banking system, which is modular and extended with business modules according to each client's needs; state-owned STB is a reference client. In a 2019 interview with Webmanagercenter, the company said it began its Tunisian work in 1994 with the modernisation of the Tunis stock exchange, equipped the trading rooms and securities operations of Tunisian banks, and won the national interbank clearing (télécompensation) contract of the Central Bank of Tunisia in 1999. It also said it was present in 13 or 14 African countries and held about 80% of the regional electronic clearing market; these figures are the company's own. In December 2020 Ecomatin reported that BFI International had won a World Bank-funded tender from the Bank of Central African States (BEAC) to supply the CEMAC zone's central credit risk register, worth about €815,000, after earlier BEAC contracts on payment incidents and banking supervision. Financial software group VERMEG was spun off from BFI in 2002. We found no recent public news on BFI, so its current status is listed as unclear.

Products and services

  • Global Banking Carthago core banking system
  • Interbank clearing systems
  • Securities and trading-room software
  • Central bank risk and incident registers

Licences and registrations

No licence or registration found in public sources.

Disclosed funding

No disclosed funding rounds.

Sources

  1. Habib Ben Hariz : « La modularité constitue la force de notre système » (2/2) — Webmanagercenter
  2. BFI S.A. est le nouveau gestionnaire de la centrale des risques bancaires en zone CEMAC — Ecomatin
  3. De BFI à Vermeg, une success story internationale, par des compétences tunisiennes — African Manager

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