back Back

Anadolubank goes live on MX.3 with MXGO for Treasury Management

By Leandra Monteiro

December 14, 2022

  • Anadolubank
  • Forex
  • Murex

Anadolubank Anadolubank, a strong structured bank among Turkish financial institutions, has successfully gone live on Murex’s MX.3 platform using MXGO, a pre-packaged, fit-for-purpose and cost-effective treasury and trading solution designed for fast-growing local banks.

Anadolubank targeted a robust, scalable front-to-middle office platform across multiple asset classes including FX, FXD, MM, FI, IRD and SecFin to grow its treasury and capital markets activity. The bank selected MXGO to optimise time to market and total cost of ownership while upscaling its pricing, risk-monitoring and position-keeping capacities and laying solid foundations for future evolutions.

MXGO is a modular front-to-back-to-risk business solution based on the MX.3 cross-asset platform. It is packaged based on decades of Murex experience from over 180 successful treasury implementations worldwide. The solution features a set of parameters that can be modified to meet specific bank requirements following Murex guidelines. MXGO is delivered via an accelerated methodology to optimize project timelines and reduce implementation costs. MXGO can be deployed on-premises, on the cloud or via a fully managed SaaS approach.

“It was strategic for us to realize the business value of MX.3 through a fast and efficient implementation,” said Anadolubank, CIO, Tunç Bergsan. “By adopting an out-of-the-box solution and adjusting some predefined parameters, we meet our requirements while following best practices.”

“Adopters of MXGO like Anadolubank benefit from an accelerated first phase of their transformation journey,” said Alain Samaha, EMEA regional co-head, client services, at Murex. “These clients can harness the full power of MX.3 as needed in the future.”

“We were encouraged by the pace—we have gone live in a very short time-to-market with a multi-asset class platform that has real-time portfolio management,” said Anadolubank, Deputy General Manager, Murat Ural. “Our users are very satisfied with the financial products’ pricing accuracy and capacity of MX.3.”

With more than 110 branches in Turkey and over 1,650 employees, Anadolubank provides a wide range of services to its retail and corporate client base, and SMEs. Anadolubank also has a subsidiary in the Netherlands since 2007 and continues to deliver its services with the vision of being an indispensable financial partner of its customers.

Previous Article

December 14, 2022

Apex and Unifimoney partner for America’s credit unions and community banks

Read More
Next Article

December 14, 2022

NiuPay selects Skaleet to launch payment institution in French Polynesia

Read More

IBSi Daily News Analysis


April 18, 2024


GCC banks bolster Cybersecurity measures to combat email fraud

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

April 15, 2024

SBI SECURITIES partners with Broadridge for post-trade solution

Read More

April 08, 2024

SUNRATE brings Apple Pay to its Commercial Credit Card users

Read More

April 01, 2024

Paysend and Currencycloud sign major global expansion deal

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
Get your copy now! IBSi Sales League Table 2023