Murex Is the “Sell-Side” Category Winner in the Chartis RiskTech100®
Paris, France, 16 November 2018
Murex, a global leader in trading, risk management and processing solutions, has received the “sell-side” category award for the sixth time and been ranked sixth overall in the Chartis RiskTech100®. The most comprehensive industry study of its kind, the Chartis RiskTech100® analyses the functionality, customer satisfaction, core technology, market presence, strategy and innovation of top risk technology providers.
MX.3, Murex’s single, open platform, offers unparalleled functional depth and breadth. It closes the gap between front office and risk calculations to deliver greater consistency and transparency for banks, particularly those that need to comply with complex regulations, such as FRTB. As technology continues to evolve at a rapid pace, Murex is investing heavily in R&D and exploring the potential applications of new technology in the capital markets, including the use of AI in risk calculations.
According to Rob Stubbs, Head of Research at Chartis, “The RiskTech100® awards continue to evolve to reflect the many trends we see shaping both the buy-side and the sell-side. Murex’s consistent placing reflects its commitment to sell-side solutions against this changing landscape.”
Speaking about the results, Normand Tanguay, head of risk for Murex Americas, says “Banks today need technology that can withstand future challenges. They need a single platform that will give them broad product coverage, as well as the flexibility to deliver new products to their customer base. Moreover, they need software that will continually inject innovation into their internal IT landscape while enabling regulatory compliance. This is what Murex is delivering to our global client base and we would like to thank Chartis for recognizing our commitment to the capital markets once again this year.”