Maximizing Customer Value Through Murex Implementation

Murex Implementation MX.3
Custom Integrations for Internal and External Systems

“To achieve these goals and keep our existing operation functioning we realized that we would need help from outside. We looked at a number of consulting groups and selected them. We liked their obvious expertise in the front office domain which has proved key to configuring Murex in an optimal manner. They also brought Fast Track “Scrum” methodology to the project which enabled issues to be talked on a daily basis and early delivery of tangible, usable results.”

–  Americas CIO at Standard Bank

Business Objective

Standard Bank, Africa’s largest investment Bank, has been operating in Sao Paulo since 2003. The Bank sought to launch a major investment programme in its’ Sao Paulo headquarters. A cornerstone of this programme was the overhaul of its front office systems to offer enhanced liquidity to customers, a broader product range with keen pricing and best in class business processes.

The Transformation

• Murex has been selected as a global platform for the front office. Our challenge was not only to install Murex for BMF futures, USD/EUR Options, NDF including convertibles and Swaps within 8 months but in doing so to streamline workflow and offer vastly improved risk management.
• We provided highly skilled front office business analysis capability along with development staff and local programme management working in joint team created by Standard Bank.