Aldermore Bank launches cloud-based treasury platform in UK

By Vriti Gothi

Aldermore Bank has gone live with a fully cloud-based treasury management platform, marking what is being positioned as a first-of-its-kind transformation in the U.K. banking market. The deployment delivered jointly by Publicis Sapient and Murex brings Murex’s MX.3 front-to-back-to-risk platform and its packaged treasury solution MXGO into production for Aldermore’s treasury function.

The initiative replaces the bank’s legacy systems with a unified SaaS-based architecture intended to increase operational efficiency, broaden hedging capabilities, and support a more scalable treasury environment. Publicis Sapient worked with Aldermore to define the operating model, establish the technology architecture, and map the implementation roadmap.

Banks have increasingly prioritised modernising treasury systems as regulatory needs, liquidity management requirements and volatility in interest-rate markets demand faster and more integrated risk analysis. The shift toward cloud-based treasury platforms is also accelerating as institutions seek lower operating costs and faster product deployment cycles.

Aldermore selected MX.3 for its functional breadth and its integration capabilities across trading, risk and operations. The bank adopted MXGO to standardise processes, reduce total cost of ownership and expedite deployment.

“With the new treasury platform, we can significantly increase working efficiency through delivering a high level of automation along the entire value chain,” said Paul Gould, treasury COO at Aldermore. He noted that the initiative will serve as a critical foundation for the bank’s future operations.

Publicis Sapient positioned the programme as a demonstration of its implementation and advisory capability in enterprise-scale treasury change. “The Aldermore treasury transformation exemplifies how the combination of our consulting expertise, engineering excellence, and deep Murex and treasury domain knowledge can deliver meaningful impact,” said Manas Saha, head of financial services, U.K., Publicis Sapient.

For Murex, the rollout marks the first U.K. bank to go live on its SaaS-based MX.3 solution. “Aldermore’s successful go-live illustrates how regional and specialist banks can leverage MX.3 to modernize their treasury operations with speed, quality, and precision,” said Khalid Mansour, business development, Murex, pointing to benefits in automated upgrades, embedded regulatory support and operational resilience.

The deployment sets a strategic reference point for mid-tier institutions looking to modernise treasury infrastructure through cloud-based operating models, an area expected to see continued investment as banks navigate capital markets complexity and heightened risk-management expectations.