back Back

Murex boosts PZU Group’s asset management platform

By Megha Bhattacharya

April 08, 2021

  • Murex
  • USA
Share

Murex announced that it has served as a technology partner for PZU Group as it implemented a platform solution to manage its own investments and assets, as well as those of its customers. The cross-asset front-to-back-to-risk portfolio management solution providing collateral and order management and compliance and security features is modelled on Murex’s MX.3 platform. The implementation was delivered through a governance framework and a tri-party delivery model between DXC Luxoft, Murex and PZU.

“We congratulate PZU on its successful implementation under the unique constraints of the past year,” said Murex Managing Partner and Co-founder Philippe Helou. “This new platform benefits from MX.3 tech and should benefit PZU and its customers as it pursues an ambitious international strategy.”

Murex stated that the implementation will provide PZU with a consolidated, integrated, cohesive system, ensuring a faster flow of information between departments involved in closed transaction processing and business process automation, better serving clients. Recently, Murex announced that it has teamed up with self-service data integrity and reconciliation services provider Duco. The collaboration will facilitate the delivery of a data reconciliation solution for enhancing automation and straight-through processing across a range of asset classes.

“We set ourselves clear and ambitious goals. One of them is building and strengthening the leading position in the area of investments. In the coming years, we will focus on increasing the share of external clients’ assets and building an investment process that will facilitate the generation of above-average and repeatable rates of return on investment. The implementation of a new technology solution is closely related to the achievement of our goals,” says Tomasz Kulik, Group CFO at PZU.

Previous Article

April 08, 2021

U GRO Capital partners with SBM Bank to launch credit card for MSMEs

Read More
Next Article

April 08, 2021

Indian investment app Groww latest entrant to the unicorn league

Read More








IBSi Daily News Analysis

March 22, 2024

Murex

Industry experts stress modernization, sustainability, and AI as cornerstones for future of corporate banking, Finastra study shows

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

March 26, 2024

LHV Bank launches personal savings product on Hargreaves Lansdown

Read More

March 20, 2024

Smart money app Plum launches Cash ISA with 5.15% AER

Read More

March 15, 2024

Cheddar re-launches loyalty app with instant consumer savings in the UK

Read More

Related Reports

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

IBSi Sales League Table

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