Chartis 2016 FinTech Quadrant places Murex as category leader

Murex that provides integrated trading, risk management, and collateral solutions, has announced that it has been positioned as a category leader for Enterprise Collateral Management Systems for the Trading Book in the Chartis 2016 FinTech Quadrant.

“We are delighted to be named by Chartis as a category leader. Our collateral solution facilitates the access and management of collateral assets across the enterprise while supporting regulatory requirements, new operating models, and evolving standards. This leading position recognizes Murex’s long-term investment in its collateral management solution and expertise in the field,” Etienne Ravex, Head of Product Management for Operations and Finance at Murex said.

According to the official release, key players in the financial markets those who are faced with increasing regulatory and liquidity challenges, demand a collateral management system that will deliver innovation. The system will also demonstrate deep market understanding and provide a wide range of functionalities.

Chartis 2016 FinTech Quadrant evaluated Murex and other vendors on two important dimensions viz. market potential and completeness in the offering. These two key areas combine performance indicators, including depth of functionality, customer satisfaction, and thought leadership in order to provide a clear outline of the technology vendor landscape to those actors in the financial markets.

The collateral solution of Murex – MX.3 for Collateral Management has scored highly in both dimensions.

“The current waves of regulatory and derivative market structure changes are placing great demands on collateral usage in the capital markets. In order to use collateral appropriately, market players require a combination of performant technology, functional richness, flexible analytics, and connectivity. The position of category leader reflects the high-quality of Murex’s MX.3 platform and its responsiveness to the needs of the market,” Hugh Stewart, Research Director at Chartis said.

Since its inception in 1986, Murex has played a lead role in proposing effective technology as a catalyst for growth and innovation in capital markets. MX.3 has a proven track record today in supporting all types of clients, from global money centers to local banks, from large asset managers to medium-sized hedge funds, and from large corporations to energy utilities. More than 40,000 users around the globe rely every day on our platform for their trading, hedging, funding, risk management or processing operations.​