Murex has certified its MX.3 technology platformto run on Microsoft Azure. Microsoft and Murex have been collaborating since early 2016 in digital market solutions, and it has the integration of Microsoft SQL Server 2016 as a relational database for MX.3 in the pipeline.

Murex has certified Azure for its most computer-intensive use cases including GPU-powered solutions. This will allow those making the leap to cloud to leverage its flexibility and economies of scale to meet new requirements.

In an interview with IBS Intelligence during Sibos, Stella Clarke, CMO at Murex, highlighted the importance of cloud. “Almost every single one of our customers is either moving to cloud, or considering ways to do it,” she said. She added that it’s full of advantages, including better cost-effectiveness in most cases, and flexibility.

“Increasingly we see banks looking for ways to rationalize, simplify, and reduce total cost of ownership,” commented Maroun Eddé, CEO of Murex. “Cloud brings tremendous agility to our clients and is a key enabler of their transformation initiatives. Our clients are accustomed to the highest level of support from Murex and we’re now fully confident that we can continue to provide the same high standards of service in the cloud.”

“Microsoft is committed to supporting financial institutions in their digital transformation journey, providing firms with the global scale and enterprise-grade security to deploy applications in the cloud,” said Janet Lewis, vice president of Worldwide Financial Services at Microsoft. “Murex solutions powered by Microsoft Azure provide businesses with the productivity and intelligence to run their most demanding business applications in the cloud.”

“The choice of Microsoft SQL Server 2016 made sense for Murex and Murex clients due to its availability as a managed service in the cloud as well as being supported by Microsoft for on-premises deployment,” stated Philip Wright, Chief Architect at Murex. “For these reasons, SQL Server 2016 will be an enabler for customers’ transition from on-premises to cloud.”

by Henry Vilar
Henry is Junior Reporter at IBS Intelligence, follow him on Twitter or contact him at: henryv@ibsintelligence.com
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