![]() ![]() In 2017, China Merchants Bank (CMB) went live on Murex’s MX.3 trading platform to improve the technology at its Shenzhen and Shanghai operations, following the bank becoming one of the first Chinese financial institutions to join the R3 blockchain consortium. In the Truffle 100 rankings for 2016, Murex became the third largest French software publisher with an announced turnover of 460 million euros. Then, in November, UBS announced that it had chosen Murex’s software to replace a large part of its fixed income platform technology, including the booking of trades, valuation and risk management. That same year, Murex partnered with Tullet Prebon, allowing them to use TPI data for internal model validation. In 2014, the Singaporean-based bank, DBS, adopted MX.3 in its risk management operations. MX.3 was first adopted in Melbourne and subsequently rolled out to its international operations on a phased basis. In 2013, National Australia Bank undertook an overhaul of its trading operations by going live on MX.3 to support its FX trading and processing. In the Truffle 100 rankings for 2020, Murex was recognized as the third largest French software publisher with an announced turnover of 569 million euros. Maroun Edde is the current Chief Executive Officer. Its clients include UBS, the National Bank of Canada, the Bank of China, OCBC Bank, China Merchants Bank, the National Bank of Kuwait, Banorte and ATB Financial. ![]() ![]() Murex’s platform, MX.3, is used by banks, asset managers, pension funds and insurance companies. Murex has customers located in 70 countries. Its main office is in Paris and it has 18 global offices in cities such as New York, London, Dublin, Hong Kong, Beirut, Sydney and Singapore. Today, the company employs a multi-national force of over 2,200 employees worldwide. Murex was founded in 1986 in Paris by Laurent Néel and Salim Edde, who were soon followed by Salim’s three brothers and his brother-in-law. Murex is a company that provides financial software for trading, treasury, risk, and post-trade operations for financial markets. ![]()
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