-
Our solutions
- Our clients
With 300 clients and 60,000 users spread across 60 countries around the world, Murex has a truly international client base of capital markets participants.
view all case studies- Insights
- Who we are
Our awards highlight a strong level of customer satisfaction and acknowledge our market expertise.
Visit our awards webpage- Our partners
- Careers
SEP
05NORD/LB Leverages Continuous Integration for Latest MX.3 Upgrade
Through Murex CI/CD pipeline implementation, the German bank achieves a strategic milestone in its roadmap toward a future lift-and-shift approach
HANOVER, GERMANY, and PARIS, September 5, 2023—NORD/LB Norddeutsche Landesbank, a leading renewable energy financier, has gone live on a new version of the MX.3 platform using Murex continuous integration solutions and services.
NORD/LB capital markets activity relies on the MX.3 platform for front office, enterprise risk management—limit control, credit risk and stress testing—and back office, including collateral and accounting.
By upgrading its MX.3 installation, NORD/LB sought to primarily protect itself against technical deprecation and end-of-life issues related to third-party components—the operating system, database and Java versions. Adopting the newest MX.3 version also aimed to improve operations resiliency in the context of DORA regulation. The bank successfully achieved its strategic goals and attained high levels of automation, enabling the continuous evolution and seamless integration of innovations into its MX.3 platform.
“The implementation of the continuous integration is a major milestone for the NORD/LB financial markets platform and supports our business strategy and related Murex projects,” said NORD/LB Financial Markets Program Manager Joachim Grimme. “The implementation of the Murex continuous integration pipeline during the MX.3 binary update project was a decisive move to improve the quality of the deployment and reduce complexity significantly, while improving the productivity,” said NORD/LB Project Manager Frederike Haase. “It allowed us to efficiently manage multiple MX.3 installations that we use to develop and test customizations required by our business in various front-to-back-to-risk domains. On the hardware infrastructure side, it permitted us to better leverage our existing capacity and avoid any waste, which aligns with our ESG objectives.”
“Using the Murex continuous integration toolchain allowed NORD/LB to automate the conversion activities required for the upgrade and eliminated operational risks,” said Murex Project Director Hadi Abi-Tayeh. “It is a big success for the bank and validates the strategic decision to progressively adopt continuous integration tools and methodology.”
Murex is pleased to support NORD/LB in its DevOps journey and to accompany other institutions in their continuous integration transitions. NORD/LB is now planning new business initiatives, such as the introduction of FX TARF (target redemption forward) products to its customer base and the calculation and processing of initial margin (ISDA SIMM) for non-cleared derivatives. These initiatives will be implemented using the new way of working.
Murex continuous integration services deliver a high level of test automation. This enables NORD/LB to realize the full potential of MX.3, reducing time to market for new products or regulations, removing operational risk related to IT manual and repetitive tasks, and maximizing velocity with predictability and traceability.
In the longer term, NORD/LB’s strategic focus on business growth could be facilitated by a lift-and-shift of its MX.3 installation to the Murex SaaS. As a result, Murex would host and manage NORD/LB installations of MX.3 on the bank’s behalf. The end-user experience, integration of MX.3 within NORD/LB’s IT landscape and ability to customize MX.3 according to NORD/LB’s unique needs would remain unchanged and within the bank’s control.
Latest news
05 May 2025
Murex Wins Most Innovative API Framework/Microservices Architecture for Trading Category via A-Team
10 Apr 2025
Amundi Technology Partners with Murex to Deliver Superior OTC Derivatives Capabilities to Investment Managers
13 Mar 2025
Murex Strengthens Internal Controls, Security Best Practices Commitment with SOC 1, SOC 2 Compliance
Attestation underscores IT, security benchmarks for managed services providers
07 Jan 2025
Bank of Hangzhou Extends Scope on MX.3 with FRTB Solution
Murex deepens cooperation with China's leading city commercial bank
10 Dec 2024
Murex Wins Best Vendor for System Support and Implementation at Risk.net Markets Technology Awards
Company also secures FRTB (IMA) product of the year, Trading systems: structured products/cross-asset distinctions
05 Dec 2024
Murex Nets Two IBSi Global Fintech Innovation Awards
Fintech leader recognized for work with Alinma Bank, wins treasury, Islamic banking categories
03 Dec 2024
Boubyan Bank Completes MX.3 Implementation for Sharia-compliant Treasury Activity
Significant technology milestone reached in IT transformation for Islamic financial institution
08 Oct 2024
Murex, Kaiko Partner to Enhance Real-time Portfolio Management for Digital Assets
Collaboration integrates comprehensive digital assets data into MX.3 platform, extends the reach of cryptocurrency market data and indices
30 Sep 2024
Murex Wins Best Technology Provider for FX Options at Euromoney’s Foreign Exchange Awards
Solution used by over 130 banks and financial institutions around the world
27 Sep 2024
Murex Wins Five Asia Risk Technology Awards Categories
Outstanding result underscores company commitment to fintech innovation and regional leadership
- Our clients