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Wednesday, January 28, 2015

Murex Positioned as a Leader in Gartner’s 2014 “Magic Quadrant for Trading Platforms”

PARIS - Tuesday, January 27th 2015 [ME NewsWire]

(BUSINESS WIRE) Murex, the prime provider of cross-asset trading, risk management and processing solutions, is proud to announce that it has been named as a Leader, positioned furthest for Completeness of Vision and Ability to Execute in the 2014 Gartner Magic Quadrant for Trading Platforms (D.Furlonger, F.Chesini, 22 December 2014).

“We are delighted with this new recognition. We consider our position in the Leaders Quadrant as a confirmation of our role as transformation enabler, providing sell-side and buy-side institutions with timely and relevant solutions that help them adapt to the fundamental changes of the post-crisis era.” said Maroun EDDE, CEO of Murex.

Murex has been continuously adapting functionality and technology to new regulatory and market practices, providing flexibility and scalability at a controlled cost thanks to its investment in cutting-edge technology, such as memory data grids or GPU-based analytics. The MX.3 platform delivers the framework to rationalize in-house businesses and to build utility models.

Through the MX.3 platform, Murex hosts a range of “best-of-breed” Front-to-Back-to-Risk business solutions. In 2014, a complete overhaul of the collateral management delivered a state-of-the art enterprise solution that embeds best risk management practices into an advanced collateral operation framework. MX.3 for Collateral Management supports bilateral BCBS/IOSCO initial margin for uncleared and cleared OTC, as well as repo and securities lending, and exchange-traded derivative products.

Thanks to the breadth of its financial products, the front-to-risk consistency of its analytics and its ability to deliver real-time complex simulations, Murex plays a leading role in helping financial institutions to successfully adapt to next regulatory challenges of Basel 3 and Fundamental Review of Trading Book (“FRTB”).

“At a time when the finance industry needs simplification to drive cost rationalization, we strive to make our technology and business solutions a value creator for our clients” added Maroun EDDE.

To access the report, click on the following link (or copy and paste the URL into your browser): https://www.murex.com/node/575?fid=8397

About Murex (www.murex.com) Since its creation in 1986, Murex has played a key role in proposing effective technology as a catalyst for growth and innovation in capital markets, through the design and implementation of integrated trading, risk management, processing and post-trade platforms. Driven by innovation, Murex’s MX.3 Front-to-Back-to-Risk platform leverages the firm’s collective experience and expertise, accumulated through its strategic client partnerships, to offer an unrivalled asset class coverage and best-of-breed business solutions at every step of the financial trade lifecycle. Clients worldwide benefit from the MX.3 platform’s modular set of business solutions, specifically designed to solve the multi-faceted challenges of a transforming financial industry, while relying on the strength of 2,000 dedicated specialists.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Contacts

Murex

Mireille Adebiyi,

+33144053200

Global Marketing Communications Manager


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