Murex tops IBS Intelligence’s Treasury & Capital Markets SLT for 5th year in a row
By Gloria Methri
Murex, the specialist in trading, risk management, and processing solutions for capital markets, has retained its top spot in the IBS Intelligence Sales League Table’s Wholesale Banking | Treasury and Capital Markets category in 2023. This is the fifth year in a row MX.3 and Murex ranks first.
Murex is also recognized by SLT for Global Leadership in the Geographic Spread category, which focuses on the broad footprint of its client base.
IBSi’s designation highlights financial software vendor success based on the previous year’s sales figures—2022. Murex secured more new client signatures than any of its competitors last year, with advances across service offerings and a continuously expanding product catalog amid new and challenging conditions.
“We are honored to have won the trust and confidence of the market once again, as a partner of choice for over 300 global, regional, and local banks,” said Philippe Helou, Murex Managing Partner, and Co-founder. “We look to continue to grow this community, across geographies, meeting diverse needs.”
Under constant development, MX.3 has seen a 25 percent increase in research and development investment over the past five years. Murex has also seen revitalized activity in credit and inflation products; a developing business in digital assets; a revival in commodities markets; significant FX volume swings; and a deepening of securities finance trading, all of which MX.3 is built to manage.
“I extend my warmest congratulations to Murex for retaining their leadership position in Treasury and Capital Markets in SLT 2023,” Nikhil Gokhale, Head of Research Platforms at IBS Intelligence, said. “Murex was a leader in Treasury and Capital Market solutions by a wide margin, highlighting the strength of its solution in this space. Additionally, its success in the Geographic Spread category underscores its ability to effectively serve clients across various regions and markets.”
Going forward, Murex aims to maintain robust R&D investment, continued to focus on its integrating and modular platform, MX.3, and remain committed partners in client growth.
IBSi Daily News Analysis
September 26, 2023
Omnichannel payments drive SME growth in MENA, study showsRead More
IBSi FinTech Journal
- Most trusted FinTech journal since 1991
- Digital monthly issue
- 60+ pages of research, analysis, interviews, opinions, and rankings
- Global coverage