Edouard Balliere, Head of Sales at Murex Americas

Paris-based Murex, a provider of trading, risk and back-office solutions to the treasury and capital markets, has been selected by World Bank with an aim to assist the latter’s treasury activities.

According to the supplier, Murex’s platform will be used to replace and update the World Bank’s existing system, streamline key front-to-back office processes and support the World Bank in its goal to adapt to the ever-growing needs of its customers.

Edouard Balliere, Head of Sales at Murex Americas said, “We are honoured to have been selected by the World Bank to support their treasury activities. Having the right technology is key to future-proofing your business in a changing world.”

Recently, Ampega Asset Management selected Murex’s open MX.3 platform in order to enhance its portfolio, order and risk management services.

Established in 1986, Murex acts as a technology partner for the capital markets, working with financial institutions in over 60 countries to adapt and evolve their IT systems. MX.3 is Murex’s open platform that sits at the heart of our clients’ IT infrastructure. This agile foundation brings together a specialized set of business process to deliver regulatory and business-ready solutions, across asset classes, business functions and sectors.

by Megha Bhattacharya
Market Analyst at IBS Intelligence