Murex to Run MX.3 Platform on AWS
The move to the cloud came in response to clients' increasing infrastructure needs.

Moving to the Amazon Web Services (AWS) cloud lets clients consolidate more capital markets activity on the MX.3 platform.
Philippe Helou, co-founder and managing partner at Murex, said the goal of the partnership with AWS is to bring up computing power for clients to run more Murex solutions.
“Our goal is to enable our clients to leverage the cloud to improve agility and to meet the ever-increasing demand for infrastructure,” Helou said in a statement. “Financial institutions are looking to the cloud for infrastructure elasticity and increased performance.”
Murex clients, the company said, are demanding increased computing capacity. In light of this, the company is working with AWS to support the deployment of Murex on the cloud including using the AWS cloud for bursting grid computing tasks to complete migration.
One client already using MX.3 on the cloud is DBS Bank with impressive results, Helou said.
DBS Bank group CIO and head of group technology and operations David Gledhill said in the statement the firm already expects a significant reduction in infrastructure costs.
“Murex is at the core of our treasury and markets technology platform and we are already reaping the benefits of AWS Cloud’s elasticity for our grid computing infrastructure,” he said. “In 2018, we expect a reduction of 70 percent of our Murex grid infrastructure cost, followed by a further reduction to 90 percent thereafter.”
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: https://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Trading Tech
CAT on life support after appeals court ruling
Ahead of a comprehensive review promised by the SEC, lawyers believe that the recent overturn of the Consolidated Audit Trail’s funding order could herald its demise.
Paxos files to become SEC-registered clearing agency
The application comes after the blockchain infrastructure company completed a pilot in 2021 to test its settlement service.
Risk mitigation in round-the-clock trading
Tied closely with shortened settlement times, overnight trading poses operational and technical risks, writes Sergey Samushin, head of exchange solutions at Devexperts, in this guest column.
Genesis CEO steps down, Wells Fargo deploys agents, DTCC sells Report Hub, and more
MarketAxess has enhanced its dealer-initiated protocols, EquiLend launches a market intelligence tool powered by AI, and the summer heat fuels fury over market data prices in this week’s news roundup.
Is exchange tech ready for 24/7 markets?
Overnight trading is coming to equities markets. Venues and vendors, both new and old, are preparing for it.
The industry is not ready for what’s around the corner
Waters Wrap: As cloud usage and AI capabilities continue to evolve (and costs go up), Anthony believes the fintech industry may face a similar predicament to the one facing journalism today.
Overbond’s demise hints at cloud-cost complexities
The fixed-income analytics platform provider shuttered after failing to find new funding or a merger partner as costs for its serverless cloud infrastructure “ballooned.”
Pico’s IntelliVUE brings observability to its networks
Leveraging its 2019 acquisition of Corvil Analytics, Pico is providing users with real-time oversight and monitoring of their connectivity.