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JUN
18Murex Once Again Places in Top 10 in Chartis STORM Buyside Risk50 Report
No. 8 ranking, computational infrastructure category win highlight efficacy of Murex’s buy side strategy
PARIS, June 18, 2024—Murex is once again pleased to rank in the Top 10 technology vendors of the STORM Buyside Risk50 report, issued by Chartis Research. Murex advanced one place from last year’s ranking to No. 8.
Chartis is a leading provider of research and analysis on global risk technology. The STORM Buyside Risk50 report, previously called the Chartis Buyside 50 report, is the organization’s ranking of the Top 50 buy side technology vendors in the world. The rankings gauge breadth and coverage, impact, strategy and innovation of ranked firms.
“Murex’s performance in our ranking reflects its strong technical foundation," said Sid Dash, chief researcher at Chartis. “On this robust foundation, it is able not only to leverage existing complex instrument valuation and risk tools, but also to build and expand its analytics to focus on a range of sector-specific buy side investment firms.”
Murex is also proud to win the computational infrastructure category of the report, following its wins last year in the depth of functionality and collateral management categories.
"Murex is significantly investing in its buy side solution to meet the sector’s evolving business, data and technology challenges," said David Bellaiche, head of Murex’s buy side business line. "This ranking recognizes the extensive functionality and the modern technological infrastructure of our solution, as well as asset class coverage across public and private markets. It demonstrates confidence in our strategic vision. Our buy side clients can expect further product enhancements and innovations."
Murex provides the only enterprise solution that addresses both sell side and buy side requirements—the open MX.3 platform. Murex’s end-to-end buy side solution covers public and private assets and supports the investment life cycle from decision-making to accounting, including risk management. MX.3 is used today by more than 40 investment and asset servicing firms across Continental Europe, the U.K., the U.S., Canada and Latin America.
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