Murex to Offer MX.3 Risk, Trading and Post-Trade Solutions on the AWS Cloud
Murex, an industry leader in trading, risk management and processing solutions for capital markets, announced they will run their MX.3 technology platform on Amazon Web Services, Inc. (AWS).
With the acceleration of cloud adoption in capital markets, Murex and AWS agreed to collaborate to help clients migrate their Murex application workloads to the AWS Cloud. Murex clients are looking to consolidate more and more of their capital markets activity on the MX.3 platform and this means their need for infrastructure is increasing.
New regulatory requirements are also driving financial organizations to use cloud to scale up their computing capacity. Murex is collaborating with AWS to meet the demand from clients to support deployment of the Murex offering on the AWS Cloud. Murex is working on the validation of a range of deployment scenarios, from using AWS Cloud for bursting grid computing tasks through to complete migration to the AWS Cloud.
Philippe Helou, Co-founder and Managing Partner at Murex, commented, “Our goal is to enable our clients to leverage cloud to improve agility and to meet the ever increasing demand for infrastructure. Financial institutions are looking to the cloud for infrastructure elasticity and increased performance. In particular, grid computing brings tremendous value to our clients, and DBS Bank (DBS) is already live on the Murex risk grid on the AWS Cloud with impressive results. We are delighted to work in cooperation with AWS to ensure a smooth transition for even more of our clients to the cloud.”
David Gledhill, Group Chief Information Officer and Head of Group Technology and Operations, DBS Bank, comments, “We are glad to be the first to benefit from the Murex and AWS collaboration. Murex is at the core of our Treasury and Markets technology platform and we are already reaping the benefits of AWS Cloud’s elasticity for our grid computing infrastructure. In 2018, we expect a reduction of 70 percent of our Murex grid infrastructure cost, followed by a further reduction to 90 percent thereafter.”
Frank Fallon, Vice President, Global Financial Services at Amazon Web Services, Inc. said, “The Financial Services industry is constantly trying to balance the trade-off between compliance and innovation. Running risk management workloads on the AWS Cloud can help mitigate many of the issues that impede holistic, cost-effective risk management. We are excited to see DBS running the Murex risk grid on AWS, helping to enable them to realize the benefits of moving to the cloud – agility, elasticity, and not in investing in costly and complex infrastructure.”
About Murex (www.murex.com )
For more than 30 years, Murex has been providing enterprise-wide, cross-asset financial technology solutions to capital markets players. Its MX.3 platform supports trading, treasury, risk and post-trade operations, enabling clients to better meet regulatory requirements, manage enterprise-wide risk, and control costs. With more than 45,000 daily users in 60 countries, Murex has clients in many sectors, from banking and asset management to energy and commodities.
Murex is an independent company with 2,000 employees across 17 countries. Murex is committed to providing cutting-edge technology, superior customer service, and product innovation.
Nicole Fisher, +33 1 44 05 32 00
Samuel Barber, +44 (0)20 7426 9429
Yvonne Maher, +44 (0)20 7426 9412
Information om Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco
Følg pressemeddelelser fra Business Wire
Skrive dig op her og du vil løbende modtage pressemeddelelser på mail. Indtast din mail, klik på abonner og følg instruktionerne i den udsendte mail.
Flere pressemeddelelser fra Business Wire
PA-BRIGHTLINE-INITIATIVE19.1.2018 22:15 | pressemeddelelse
The Brightline Initiative, Project Management Institute and The Boston Consulting Group Host The Economist Events for Davos Panel
NJ-SOLIDIA-TECHNOLOGIES19.1.2018 19:09 | pressemeddelelse
New US Patent for Solidia Technologies’ CO2-cured Concrete Advances Performance and Sustainability of Building Materials
TX-SCHLUMBERGER-LIMITED19.1.2018 13:02 | pressemeddelelse
Schlumberger Announces Full-Year and Fourth-Quarter 2017 Results
GA-THE-COCA-COLA-COMPANY19.1.2018 12:57 | pressemeddelelse
The Coca-Cola Company Announces New Global Vision to Help Create a World Without Waste
KING-FAISAL-FOUNDATION19.1.2018 11:36 | pressemeddelelse
Researchers and Scientists from Five Countries Named Winners of King Faisal Prize 2018
CA-E.ON/CORINEX19.1.2018 07:02 | pressemeddelelse
E.ON Chooses Corinex Broadband over Powerline Technology for their Smart Metering Rollout
I vores nyhedsrum kan du læse alle vores pressemeddelelser, tilgå materiale i form af billeder og dokumenter, og finde vores kontaktoplysninger.Besøg vores nyhedsrum