As the pressure to control and reduce cost continues to rise, capital markets players want to focus on core business activities, accelerate product innovation and adopt the latest technology changes. In this challenging market, the cloud is fast becoming the most reliable way to grow and adapt your business while also addressing cost concerns.
To simplify management of MX.3 environments and reduce the total cost of ownership (TCO) of the platform, Murex has developed a comprehensive cloud offering and is taking a cloud-forward approach to software development.
In collaboration with top cloud providers, Murex clients can choose to take advantage of hybrid and public cloud options. Financial institutions can now leverage cloud IaaS for elasticity and transform fixed infrastructure costs into variable costs. Additionally, they can use cloud PaaS to reduce the complexity associated with managing common infrastructure. Realizing the growing regulatory burden facing capital markets, Murex has certified its award-winning risk management solutions, including FRTB and xVA, for cloud deployment.
Leveraging the cloud gives clients the opportunity to focus on developing their business and allows for the close, digital control of infrastructure costs. It speeds up time to market for implementation, upgrade and evolution, while increasing the overall agility and flexibility of their capital markets core platform.
If you wish to learn more about our Cloud solution, please download the brochure here.
When combining MX.3 with the cloud applying infrastructure changes becomes easier and quicker. With a large range of cloud products and options available on the market, financial institutions can make the best choices adapted to their business.
The storage and compute capacity of the cloud is highly scalable and available on-demand. With a pay-per-use model, the infrastructure cost of the cloud always reflects actual workloads rather than peak usage, significantly lowering your monthly bill.
Cloud infrastructure is constantly upgraded and enriched, allowing you to benefit from the latest technology and innovations with no disruption to your daily operations. Cloud is setting standards across all industries and is enabling advances in other areas, from DevOps to security. Murex clients using cloud will have a fully digital experience for deployment, consumption metering and billing.
With cloud, you can closely monitor and manage usage, scaling up or down with fluctuating volumes. You can reserve capacity for planned, repetitive workloads, such as month-end closing or quarterly regulatory runs, to further reduce your bill.
Murex Lift & Shift into the Cloud: Full or Hybrid Cloud Patterns
Lift and shift your MX.3 production to public cloud and benefit from on-demand capacity, managed database services and advanced monitoring capability, with the same high level of Murex support available with on-premise solutions.
Development and test
Provisioning of development and test environments is reduced from months to minutes, eliminating time spent on procurement, deployment and management. Environments can be added or deleted quickly, allowing you to manage concurrent projects and evolve the platform. With experience replicating environments on the cloud internally, Murex can help you do the same.
Embrace cloud elasticity and replace your on-premises grid infrastructure. Go public with Murex grid-technology or certified third-party grids while keeping your MX.3 application private.
Easily replicate your MX.3 environment for disaster recovery. Available on-demand, this cloud infrastructure will be ready if needed, at a fraction of the cost.
Murex cloud support
Benefit from our experience. Whether you are at the beginning of your cloud journey and are looking for advice or are ready to migrate to the cloud, Murex offers leading support at every step of your cloud journey.
Murex also has a wide partnership network of experienced system integrators located across the globe. They combine detailed knowledge of the MX.3 platform and leading cloud skills to ensure you can effectively move and run your mission-critical system on the cloud.
Murex’s MX.3 platform is certified with both Azure and AWS, two of the top global cloud vendors. Murex provides comprehensive support, specialized skills and guidance for customers that choose their solutions.
From IaaS to SaaS: Cloud and Murex managed services
Reduce time spent managing infrastructure, platform and software and focus on your core business by leveraging Murex’s managed services. For more information about Murex’s Software as a Service (SaaS) solution, visit the services webpage.