Unleash the power of MX.3 trading, risk, and processing solutions on AWS
Murex MX.3 can be rapidly deployed on AWS
Murex is a global leader in trading, risk, and processing solutions for capital markets. Since its creation in 1986, the company has enabled its clients to make better informed trading decisions, improve operational efficiency and enterprise risk management, and control technology costs. Murex has clients in many sectors, from banking and asset management to energy and commodities. The robust and modular MX.3 solution is harnessed by institutions across all market segments to enable business growth and innovation by accelerating their technology transformation.
Murex customers can leverage AWS services to ensure they have a resilient, secure, and highly performant MX.3 platform on AWS. For example, by using AWS Application Auto Scaling groups combined with Amazon CloudWatch events, they can achieve a higher availability of the platform. With minimum effort, Amazon Relational Database Service for Oracle multi-AZ capability improves MX.3 database resiliency across several availability zones. For ease of deployment, custom AMIs can template and package MX.3 environments to provision testing and development environments faster.
- Murex's single, open platform MX.3 supports trading, treasury, risk, and post-trade operations, ensuring consistency in data, analytics, and calculations across the business
- The platform has the largest asset coverage in the industry with more than 350 payoffs, plus the flexibility to create new products
- Murex offers this comprehensive range of solutions on a modular basis as either stand-alone solutions or as part of the MX.3 platform
- The availability of MX.3 in the cloud allows clients to take advantage of the flexibility, scalability, and cost reductions afforded by cloud models, simplifying the management of MX.3 environments and reducing the TCO of the platform
Case Study: The National Bank of Canada Accelerates Deployments at Scale
The National Bank of Canada (NBC), the country’s sixth-largest commercial bank, set out to transform its infrastructure for speed and scale. NBC’s ultimate goal was to dedicate more of the organization’s time and resources to business innovation instead of infrastructure management. By shifting away from an on-premises installation of its core trading solution, Murex’s MX.3 platform, the bank was able to provision new instances in minutes instead of months and gain better visibility into costs. NBC now runs its non-production MX.3 environments exclusively on Amazon EC2 instances.
The MX.3 application relies on Amazon Elastic Compute Cloud for its compute and HPC Grid layers. Persistence of the system’s data is done over Amazon Elastic Block Store for file storage, where MX.3 log files and temporary files can be stored in Amazon Simple Storage Service or Amazon Glacier for short- and long-term archival.
To get up and running on AWS infrastructure, Murex clients first need an MX.3 application package from Murex after which they can provision the required infrastructure on AWS. Once aligned with the Murex best practices, clients can deploy and verify the MX.3 installations, and run the application.
Work with a partner
Accenture helps clients with their Murex implementation, upgrade and integration projects, including investment banks, clearing houses, hedge funds, prime brokers, and organizations that use Murex for treasury