Murex is Post-trade Technology Provider of the Year at Securities Finance Times Industry Excellence Awards

MX.3 for Securities Finance solution used by over 100 clients globally

PARIS, July 11, 2024—Murex is honored to be named Post-trade Technology Provider of the Year at the Securities Finance Times (SFT) Industry Excellence Awards.

The awards recognize and celebrate the financial services industry achievements of firms, individuals and departments. They highlight excellence across various categories, such as lending, borrowing, repo teams, data providers, and more.

“Significant changes have impacted the securities finance and repo landscape in the last decade,” said Sabine Farhat, head of securities finance product management at Murex. “This award recognizes the strides Murex has made in developing a solution that ensures our clients keep pace with evolving regulations and digitalization.”

The Post-trade Technology Provider of the Year category recognizes the best technology provider that supports the securities finance transactions across post-execution life cycle, including matching and reconciliation, settlement, managing corporate actions and life cycle events.

Murex won this category due to mainly its global real-time inventory, its extensive coverage, its integrated system, its increased automation and its electronification.

MX.3 for Securities Finance provides a front-to-back-to-risk solution covering the entire range of repo and securities lending transactions, with streamlined processing and life cycle management. The solution fosters informed decision-making and optimal allocations by centralizing securities inventory with settlement awareness in real-time. It is compliance ready and connects seamlessly to key utilities. Over 100 clients around the world, from small treasuries to global banks, trust MX.3 to automate, centralize and digitalize securities finance activities.

MX.3 for Securities Finance covers diverse flavors of repo, securities lending and synthetic products, on equity and fixed income underlying, of various maturity structures and rate types, whether bilateral, triparty or cleared. Clients who employ the solution also benefit from increased automation and electronification.

MX.3 is a multi-asset, multi-function and open platform. As such, collateral data, calculations and processing are shared among all asset classes and across all functions, significantly reducing reconciliation, integration and infrastructure cost.

Last year, Murex and MX.3 for Collateral Management won the Collateral Technology Provider of the Year distinction at the SFT Industry Excellence Awards.