Asia Awards 2021: Best IT initiative—DBS Bank

DBS Bank takes home the best IT initiative award for its Murex Gandalf Transformation Project.

Murex is DBS’s core treasury and markets system, which had been hosted on physical infrastructure at DBS for more than 20 years. This transformation project, led fully by DBS technology teams, migrated Murex onto modern infrastructure hosted on DBS’s own virtual private cloud (VPC). It marks what DBS claims is a world-first implementation of Murex on dynamic infrastructure.

Between 2017 and 2020, DBS

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