About Vermilion

Established in 2003, Vermilion Software has a long heritage in client reporting

The company was formed by a group of business and technology professionals at a global asset management firm, who recognised the need for a cost-effective reporting solution driven by business benefits, not functionality. Vermilion has built on this valuable client-side experience and is today regarded as one of the pioneers of specialist reporting software.

Since inception our focus has been on our best of breed product, the Vermilion Reporting Suite. We are now one of the market leaders, with a strong reputation based upon over fifty successful implementations in Europe, the US and Asia. Our practical experience in client services and our deep domain expertise continues to set us apart.

An independent firm with strong financials and no short-term shareholder pressures, Vermilion continues to invest heavily in its product. Vermilion has offices in London, Boston, Singapore and Sydney.

Vermilion global clients

We are now part of FactSet



  • Sir Alexander Fraser Morrison
    Sir Alexander Fraser Morrison Chairman

    Sir Fraser Morrison is one of Scotland’s leading business figures. He was chairman of Morrison plc, a family led construction and property business, until that company was sold in autumn 2000.

    He served two terms as chairman of Highlands and Islands Enterprise from 1992 to 1998 and was the first chairman of the Board of Governors of the University of the Highlands and Islands Project (now the UHI Millennium Institute). He was knighted for services to the Highlands and Islands in 1998, having been awarded the CBE for services to the construction industry in 1993. He is now an investor in a diverse range of businesses through his family private equity firm, based in Edinburgh.

  • Marcus Noble
    Marcus Noble Chief Executive Officer

    With over 20 years’ experience leading and advising technology businesses at the highest level, Marcus brings a unique skill set to the team. Marcus has a strong track record in business growth and has advised the Boards of both NASDAQ and LSE listed technology firms. He has also conducted business in the USA, the Middle East, Asia and Europe.

    Marcus is recognised as one of the top CEOs in the sector and has driven growth at Vermilion in excess of 30 percent year-on-year. He steers the business strategy and believes in a strong technology and innovation focus. Marcus has developed a world-class team at Vermilion and has led the business to its current position as the standout market leader.

  • Stuart Mitchell
    Stuart Mitchell Chief Financial Officer

    Stuart is responsible for the financial management of the company, including accounting, audit, treasury, internal controls and corporate finance. Stuart also leads on all commercial aspects of both customer and supplier relationships. Stuart has overseen the continued double-digit growth of Vermilion over the past five years and brings significant experience of working with high growth technology businesses.

    Stuart holds a first class honours degree in Applied Mathematics from the University of Glasgow. He is a qualified Chartered Accountant and a member of The Institute of Chartered Accountants of Scotland.

  • Alan Beer
    Alan Beer Chief Operations Officer

    With 26 years’ experience in information technology in the financial markets in London and North America, Alan is a senior technologist and one of the three founding directors and original Vermilion Reporting Suite architects. Alan has managed the Vermilion Professional Services group from the very first implementation and continues to take a hands-on role where required. Prior to Vermilion, Alan held various technical roles, providing software solutions and consultancy services for a number of major financial institutions including Credit Suisse, Barings, Salomon Brothers, Citi and JP Morgan.

  • Simon Cornwell
    Simon Cornwell Global Sales and Marketing Director

    One of Vermilion’s founders, Simon’s role is Global Sales and Marketing Director and he is responsible for driving and developing the company’s global strategy. Currently based in Singapore, Simon is expanding the Vermilion sales and implementation footprint into the APAC region.

    With extensive experience, Simon has been involved in sales and marketing into the financial markets for the past 25 years. He has been involved with a number of start-up businesses and divisions of companies, running and developing different sales and marketing teams for a number of well-known companies.

  • Simon Murphy
    Simon Murphy Chief Technology Officer

    Simon is one of the three founding directors of Vermilion and has over 18 years’ experience in client reporting working with users, plus 28 years in information technology. In 1998, Simon moved to JP Morgan Asset Management where he was the principle designer and developer for the company’s first major client reporting system based on FMC Pages (now SS&C). When the need arose for a global system, Simon was instrumental in the delivery of the custom in-house solution and is one of the original Vermilion Reporting Suite architects.  Simon holds an honours degree from the University of Sussex in Computer Systems Engineering.

We are worldwide with offices in:



Winner: Funds Europe Awards - 2015
Award logo - Buy-Side Client Reporting - Winner - Product 2015
Award logo - Buy-Side Best Implementation - Winner - Product 2015
Award logo - Buy-Side Client Reporting - Winner - Product 2014
Award logo - Buy-Side Best Implementation - Winner - Product 2014
Award logo - Buy-Side Technolog - Winner - product 2014

Click on above logos for the story behind each award


Founded in 2003 by a team of business and technology professionals from a large asset management organisation, it is our practical experience in client services and client reporting that distinguishes Vermilion from its competitors.

Vermilion history of innovation