- MX.3 overview
- Business solutions
- Continuous evolution
Mizuho Optimizes XVA Desk through MX.3 Extension.Download the case study
- Our clients
With 300 clients and 57,000 users spread across 60 countries around the world, Murex has a truly international client base of capital markets participants.view all case studies
- Who we are
Our awards highlight a strong level of customer satisfaction and acknowledge our market expertise.Visit our awards webpage
- Our partners
The National Bank of Canada accelerates the deployments of Murex at scale on Amazon Web Services (AWS)
Murex and AWS transform the way NBC IT delivers value to the business
PARIS, 16 March, 2020 — Murex, the global leader in trading, risk and processing solutions for capital markets, is pleased to announce that its customer, National Bank of Canada (NBC), migrated its on-premises development and testing installations of MX.3 to Amazon Web Services (AWS).
In an industry pressured by costs, evolving business expectations, and the need for faster time-to-market, the shift to AWS enables NBC, Canada’s sixth-largest bank, to modernize and repurpose precious resources, aligning them to high-value projects.
MX.3, Murex’s front to back to risk cross-asset platform, is at the heart of NBC’s Capital Markets activities. With multiple Murex projects running in parallel, NBC wanted to optimize its infrastructure management and focus on innovation.
“We wanted to scale the infrastructure to provision environments to meet growing business needs. By using AWS, we can spin up MX.3 instances in minutes instead of months,” explains Sylvain Gagnon, software system specialist at NBC. “This is another world for us, and it has completely transformed how we do things. We could never have achieved this in our data center. For example, if the business needs 90 new MX.3 environments the same day as the request, we can now meet that request.”
“We are very pleased to see that, thanks to our certification of MX.3 on AWS, the adoption of AWS has allowed NBC to gain agility and scalability when deploying the MX.3 environment, along with a very granular monitoring and control on the total cost of ownership of its infrastructure,” adds Arnaud de Chavagnac, head of Cloud Marketing at Murex. “Now that NBC is running MX.3 in the cloud, we expect they will see productivity gains and be able to innovate more quickly.”
NBC uses AWS services to spin-up entirely new MX.3 instances on demand, so that every project team can create its own dedicated test environment in minutes without being bottlenecked by a finite number resources. When they are done testing, they simply shut down the environment. Further, because risk calculations can be run on as many machines as needed, testing time can be greatly reduced.
“The Murex and NBC relationship exemplifies how AWS is helping financial institutions differentiate today and innovate for tomorrow,” said Peter Williams, senior manager, partner solutions architect, financial services at AWS. “By migrating core systems to AWS, organizations can quickly build, test, and scale new solutions faster and at lower cost.”
Volksbank Wien Completes Comprehensive SaaS Lift-and-Shift Project with Murexsee more
Murex, Amid Hiring Drive, Ranked Second-Best Place to Work in France, Glassdoor Reportssee more
Anadolubank Goes Live on MX.3 with MXGO for Treasury and Trading Managementsee more
Murex Sees Strong Recognition at Asia Risk Technology Awards 2022see more
Murex Develops Interface that Offers Fixed Income, Derivatives Data from ICEsee more
Murex Extends Winning Streak in IBSi Sales League Tablesee more
MX.3 Again Named Software Solution of the Year at the FTF Awardssee more
Bank Pekao SA Selects Murex to Optimize Total Cost of Ownershipsee more
Piraeus Bank Completes Rationalization Project with Murexsee more
Murex Ranked as a Top 10 Place to Work in France on Glassdoorsee more