Paris
13 December 2017
Reporter: Becky Butcher

Murex to run MX.3 platform on AWS cloud


Murex has collaborated with Amazon Web Services (AWS) to allow its clients to deploy, test and optimise its MX.3 platform on the cloud.

The cloud adoption will help clients to migrate their Murex application workloads to the AWS Cloud.

According to Murex, new and upcoming regulatory requirements are also pushing financial organisations to use cloud to scale up its computing capacity.

Philippe Helou, co-founder and managing partner at Murex, commented: “Financial institutions are looking to the cloud for infrastructure elasticity and increased performance. In particular, grid computing brings tremendous value to our clients, and DBS Bank is already live on the Murex risk grid on the AWS Cloud with impressive results.”

Frank Fallon, vice president of global financial services at AWS, added: “The financial services industry is constantly trying to balance the trade-off between compliance and innovation. Running risk management workloads on the AWS cloud can help mitigate many of the issues that impede holistic, cost-effective risk management.”

“We are excited to see DBS running the Murex risk grid on AWS, helping to enable them to realise the benefits of moving to the cloud—agility, elasticity, and not in investing in costly and complex infrastructure.”

More news
The latest news from Asset Servicing Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
BNY Mellon launches FX prime brokerage service
23 January 2018 | New York | Reporter: Jenna Lomax
BNY Mellon has launched an FX prime brokerage service for its institutional clients
AIMA COO to create Canadian alternatives trade association
23 January 2018 | Toronto | Reporter: Jenna Lomax
Former AIMA COO James Burron is setting up an independent not-for-profit Canadian financial association
AIMA publishes GDPR implementation guide
23 January 2018 | London | Reporter: Jenna Lomax
The guide aims to help members understand and comply with new EU data protection rules that come into effect on 25 May
Saxo Bank extends FX Prime infrastructure
23 January 2018 | London | Reporter: Jenna Lomax
The new infrastructure, which will be available to clients in London and New York, offers full amount execution available through Saxo Bank’s DMA liquidity hubs
James Burron has left AIMA
22 January 2018 | Toronto | Reporter: Jenna Lomax
James Burron has left the Alternative Investment Management Association
Au leaves BNP Paribas
22 January 2018 | Hong Kong | Reporter: Jenna Lomax
Lawrence Au has left BNP Paribas after more than 17 years
META launches new platform for software providers
19 January 2018 | London | Reporter: Jenna Lomax
META Finance is designed to help financial institutions and software providers face the challenges brought by fintech and regulations, such as General Data Protection Regulation
More news