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Talanx’s asset management arm selects Murex’s MX.3 risk platform

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  • Talanx’s asset management arm selects Murex’s MX.3 risk platform

Dr. Immo Querner, CFO of Talanx AG

Ampega Asset Management, the Cologne-based business of Talanx AG, has selected Murex‘s open MX.3 platform in order to enhance its portfolio, order and risk management services.

The platform, according to the supplier, aims to facilitate consistency in risk calculations by replacing multiple legacy systems. The current single system, that Ampega is running on, allows the company to simplify portfolio and order management processes. It provides a better risk management profile with backtesting capabilities.

Dr. Immo Querner, CFO of Talanx AG and chairman of Ampega Asset Management’s supervisory board, says: “We were looking for a platform to integrate trading and risk functions in order to meet the challenges of growing complexity and to allow for further process optimization in these areas. The challenging process of implementing a new IT system was driven by a true sense of partnership between Ampega and Murex, and we are happy to see that this spirit continues in the first months of operating MX.3 in production. With Murex MX.3, we have set a cornerstone of a future-proof IT architecture.”

The platform will enable the asset management company to bridge the gap between the front office and risk, thus enabling business growth , transparency in risk calculations and ensuring compliance with regulatory obligations.

Jean-Gabriel Edde, Partner at Murex adds, “We’re proud to be a strategic technology partner of Ampega, helping them to meet the evolving challenges of their client base. Over the course of this project, we have developed a strong partnership and this delivery is an important milestone. Investment management is a key market for Murex and we look forward to future collaboration with Ampega and other buy-side firms.”

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