Murex Wins Two Categories at the FTF News Technology Innovation Awards

MX.3 platform repeats as Software Solution of the Year and company is once again selected as Best Professional Services Provider

Murex Wins Two Categories at the FTF News Technology Innovation Awards

PARIS, June 22, 2023—Murex is honored to be distinguished at the FTF News Technology Innovation Awards as Software Solution of the Year and Best Professional Services Provider.

The FTF News Technology Innovation Awards are unique in that industry peers and clients drive the voting process after an editorial shortlisting by FTF, the Financial Technologies Forum.

More than 60,000 users in over 65 countries  rely on MX.3 daily. MX.3 integrates 300 ready-to-use payoffs across front office, back office and risk. The platform provides a comprehensive view of data across asset classes and functions in real time.

Murex’s integrating platform, MX.3, was singled out as Software Solution of the Year for the fifth time in six years. Murex continuously invests in innovation to help clients improve their trading and risk operations, lower total cost of ownership and simplify IT architecture. The MX.3 platform, Murex’s one product, is in a state of constant evolution, the result of over EUR 1 billion in investment over the past decade.

To partner with over 300 clients in delivering business solutions to their customers, the client services department at Murex is a large, proficient, experienced community with more than 35 years of software delivery and support practice.

Each Murex client is accompanied by a dedicated team located in their region that provides high-quality support and advice, and delivers innovation efficiently, flexibly and predictably. Over 1,200 Murex team members are devoted to client services—approximately 45 percent of the global workforce. Murex consultants empower continuous evolution of the MX.3 instance deployed for each financial institution—on-premises, on cloud, or in SaaS—to scale and amplify the MX.3 platform benefits.

Benefiting from constant innovation Murex clients can trade new products, such as digital assets, carbon instruments, adopt new markets practices, achieve regulatory compliance, consolidate legacy systems, manage rising volumes, connect with additional third-party systems, and leverage technologies such as the cloud, while benefiting from a steady end-user experience.

Murex experienced 159 go-lives in 2022: Mizuho optimized its XVA desk, Volksbank completed a successful SaaS lift-and-shift project, and National Australia Bank improved its performance by 30 percent by migrating Murex’s trading platform, MX.3, to the cloud. These achievements and others illustrate the company’s distinction as Best Professional Services Provider.

“MX.3 is in a class of its own on vertical functional capabilities and cross-asset coverage,” said Murex Head of Presales, Marketing and GTM Marc Natale. “Murex has firmly established its determination to support clients over the long term and provide leading partnership in continuous integration, cloud transition, upgrade as a service, SaaS lift and shift, and much more. Our software dominance has often been cited by FTF voters, and we are excited to be recognized by peers and clients. We extend our sincere thanks to voters in this year’s edition of the awards."

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