Overall N°1 in Asia Risk Technology Rankings
Murex consolidates its position as Technology Transformation Partner for financial institutions in Asia Pacific.
Paris, France, September 17, 2015 - Murex, the leading provider of cross-asset trading, risk management and processing solutions, is pleased to announce that it has been voted Overall Number One Technology Vendor in Asia Risk Magazine’s Technology Rankings 2015.
For the past 10 years, the survey has reflected the adequacy of vendors’ offerings to the requirements of Asian derivatives trading and risk management users, 2015 marking the third year in a row that Murex is acknowledged as the Technology vendor of choice.
With a new hit record of 15 N°1 positions, Murex’s MX.3 platform dominates the Technology Rankings by far, coming first in each of the three main sections: Trading Systems front to back office, Derivatives Pricing & Risk Analytics, and Risk Management, at the same time topping the After-sales service category.
“This new recognition comes as an additional endorsement of our modular platform model which balances the breadth of a Front-to-Back-to-Risk platform with the functional depth of best-of-breed business solutions,” comments Guy Otayek, CEO of Murex Asia Pacific.
“We recently introduced our standalone market risk and collateral management solutions to address the increased scrutiny stemming from regulations such as Basel III, and are therefore particularly proud to have those innovations saluted in the survey.” Clients can leverage on the native integration of the Risk-to-Front value chain of the MX.3 platform and benefit from a consolidated enterprise-wide risk management approach, enhanced by the latest innovations in XVA management and liquidity and a set of pre-packaged functions making the platform ready to evolve as new requirements appear.
Murex entered the Asia Pacific market 20 years ago applying the same guiding principles that are the core of the group strategy: a unique platform model combined with a long-term strategy and a keen understanding of our clients’ businesses.
“Recently listed in Asia Risk Magazine’s Anniversary issue as one of the “Firms of the Future” to be reckoned with, we intend to continue to support Asia Pacific financial institutions as they transform their IT and rely on our expertise to introduce change and innovation, ” concludes Stella Clarke, Murex Chief Marketing Officer.