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Murex on the Cloud

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Cloud migration services

Leveraging Murex (MX.3) on Cloud: Three major considerations

In a recent move, Murex, an industry leader in trading, risk management and processing solutions for capital markets announced that it has certified its MX.3 technology platform to run on Microsoft Azure1 and Amazon’s2 cloud platform (AWS).

For financial institutions, the decision to move to the cloud can be a difficult one. Through an analysis of the risks and benefits in the areas of cost, regulatory impact, and security, the whitepaper aims at arming cloud-averse companies with the information they need to safely and successfully shift their Murex Environment to the cloud.

Whitepaper

Build a cloud tailored to address your business needs in an agile way

As a preferred Murex Alliance Partner, Mindtree offers solutions to support trading, risk management, and processing solutions for banks, capital markets and financial institutions (FIs) - for both on premises as well as cloud infrastructure - Microsoft Azure and Amazon Web Services (AWS).

Mindtree automation solutions for private and hybrid cloud models include:

  • Murex application/load balancer autoscaling
  • Murex GRID server autoscaling
  • Murex cloud security for securing cyber risk
  • Murex reporting and financial database autoscaling
  • Murex launchers and services management
  • Murex application and Mxdoc license updating
  • User and access management solutions
  • Defining best cloud operating models
  • Monitoring and troubleshooting in the cloud

We help clients leverage cloud solutions and services as well as migrate existing Murex platform to the cloud, enabling service and delivery models that best match business requirements. Our experts work collaboratively with you to deploy a structured approach towards cloud computing services, evaluating each project based on the type of applications and nature of the data. The result: enhanced economies of scale and flexibility.

Cost savings - Convert large up-front capital expenditure into ongoing operational costs

  • Pay-as-you-go model with reduced capital and licensing expenditure
  • Lower operating, maintenance and technical consultant costs
  • High level of redundancy and backup at reduced costs

Business agility and operational efficiency – Shift focus from IT to business

  • Improved service and quality
  • Reduced test cycle and time
  • Easier business enforcement

Scalability and robustness – Enable agility and flexibility to cater to changing business needs

  • On-demand scaling of storage, cores, platform, software’s, services and so on
  • Fault tolerance systems
  • Application and platform auto scalability

Emerging technology adoption – Adopt disruptive technologies to drive competitive advantage

  • Ability to drive horizontal and vertical growth.
  • Virtualization with virtual relocation, quick deployment and archiving

Reduced risk and Total Cost of Ownership (TCO) – Enable efficiencies through automation, dynamic allocation, and maintenance of resources

  • Disaster recovery
  • Licensing and system/software updates
  • Customized dashboards and reports
Case Studies
Mindtree enables resource scalability

Case Study

Mindtree enables resource scalability and cost effectiveness by moving on-premise Murex MX 3.1 Environment to Microsoft Azure Cloud

Mindtree demonstrated its Murex on-cloud capabilities by moving a client’s mission-critical systems from an on-premises environment to Microsoft Azure Cloud.

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Leading Singaporean Bank migrates from Legacy trading platform to Murex

Case Study

Leading Singaporean Bank migrates from Legacy trading platform to Murex

The bank chose Mindtree to upgrade to Murex from the legacy platform. Our experts conducted gap and impact analysis and identified 150 reports to be migrated.

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Content is king – and the client used this axiom to improve customer retention and dramatically boost trade processing volumes by 50X

Case Study

Content is king – and the client used this axiom to improve customer retention and dramatically boost trade processing volumes by 50X

The solution designed, built and implemented by Mindtree was a web-based Product Distribution Platform (PDP) that uses an API interface with Murex.

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Insights
5 Steps to Configuration Management in Trading Systems

Blog

5 Steps to Configuration Management in Trading Systems

Configuration Management is a key activity in Trading and Risk Management (T&RM) systems during project implementation.

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financial-institutions-can-benefit-mindtrees-murex-cloud-solution-blog

Blog

How Financial Institutions can Benefit from Mindtree’s Murex on the Cloud Solution

Mindtree as a global Systems Integrator & Strategic Alliance Partner has developed cloud frameworks to utilize the power of cloud.

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Creating Digital Strategy Framework in Consumer’s Market with Murex

Blog

Creating Digital Strategy Framework in Consumer’s Market with Murex

Murex offers cloud solutions to enable customers take advantage of flexibility, scalability, robustness and cost reduction. Murex SaaS solutions helps leverage the pace of technology.

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Videos

Mindtree helps Banks and Financial Institutions move to Murex on Cloud

Webinar - Mindtree's Implementation of Murex MX3.1 on Azure

Leverage Murex MX.3 on cloud

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Mindtree - Your cloud partner for taking Murex MX.3 on cloud

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Brochure

An overview of Mindtree’s Murex services
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