Murex Wins Best Vendor for System Support and Implementation at Risk.net Markets Technology Awards

Company also secures FRTB (IMA) product of the year, Trading systems: structured products/cross-asset distinctions

PARIS, December 10, 2024—Murex is proud to have won the best vendor for system support and implementation category at the 2025 edition of the Markets Technology Awards.

Murex was also pleased to earn the FRTB (IMA) product of the year and trading systems: structured products/cross-asset categories, awarded by the Risk.net editorial team.

The “fully integrated platform sets [Murex] apart," Risk.net’s panel wrote.

“Once again, the depth and precision of our platform and the strength of our evolving collaboration model with new and existing customers helped us stand out,” said Murex EMEA Co-head of Client Services Louis-Thomas Nessi. “These awards represent an expert and objective recognition of our hard work and dedication in meeting the ambitions of our clients.”

Hundreds of Murex customers receive high-quality service with standardized internal processes to deliver solutions that are often tailor-made, making it a vendor of choice. Murex operates a global service and support structure and provides packaged methodologies, like MXpress and MXGO, to enable rapid deployment with minimal implementation effort.

To ease the digital and transformation journeys of clients, Murex expert managed services leverage its deep knowledge of the MX.3 platform, client contexts, business and technical processes.

Recently launched, MXevolve, via upgrade as a service (UaaS) or continuous integration, industrializes the MX.3 value delivery chain to accelerate the delivery of the more than 600 new features introduced in quarterly MX.3 releases to end users.

“MXevolve adds clear value, helping clients adapt quickly to market changes," award judges wrote. Murex has a “strong delivery record with a steady stream of meaningful enhancements," they continued.

MXSaaS helps more and more clients focus on core activities as Murex ensures platform deployment, hosting, technical maintenance and operations. For complex calculations, such as XVA, Murex's cloud-native BPaaS provides a multi-tenant SaaS, eliminating the need to manage infrastructure and keep up with regulations.

Beyond the development of new services offerings and deployment modes, Murex continues to inject innovation in MX.3 with a comprehensive understanding of trading and risk to support clients on their FRTB-IMA journey.

The large volume of trades seen in the last months has been a good test of the solution’s ability to aggregate and analyze P&L vectors resulting from millions of scenarios at a very large scale.

On the business side, interest rate-linked structures, renewed global risk in FX exotics, demand for equity autocalls and interest in environmental products and cryptocurrencies require a platform with comprehensive product offerings, state-of-the-art analytics and extensibility, all factors in Murex’s trading systems: structured products/cross-asset win.

The awards recognize Murex’s robust, ongoing investment in MX.3, along with services which support noncore—yet critical—activities and help financial services firms build long-term value.