Smart Technology for Capital Markets

Transcription

1 Smart Technology for Capital Markets

2 Change the dynamic.

3 Changing the dynamic in a complex financial world Markets are transforming and the rules that govern them are changing. The financial ecosystem is rebalancing to a new way of working, driven by regulation, technology, data and client expectation. The pressure on IT systems to not only keep up, but to actively support agility, innovation and growth, is mounting. At Murex we are changing the dynamic; helping our clients shift from reactive to proactive in order to meet the challenges of an evolving capital markets ecosystem. We partner with our clients for the long term, providing solutions and services to solve their problems today and anticipate their needs in the future. For over 30 years we have been developing market-leading technology solutions for trading, risk and operations teams. The success and learnings from our experience continue to inspire and drive us today and in the future. 01

4 The long-term technology partner for capital markets 98% of satisfied clients1 2,000+ employees 60+ nationalities More than 50,000 people rely on Murex every day 25% of global FX trading volumes go through Murex3 4 regional hubs, 17 offices 300+ global clients Chosen by 60 of the world s top 100 banks2 Over $1 billion invested in R&D over the last 10 years 1 Latest customer support satisfaction survey 2 The Banker Database as of November 30th Based on Euromoney FX Survey 2017 Top 50 overall market share Founded in 1986 More than 3,500+ MX.3 consultants from an active network of 45 partners globally 30 years of experience 75% of banking clients are local banks 95% of worldwide cleared IR Swaps are processed on MX.3 02

5 Leading capital markets technology Our flexible and open technology platform, MX.3, sits at the center of your IT infrastructure, working with your existing systems and the wider capital markets ecosystem. Enabling IT transformation IT systems are no longer hidden behind the scenes; your infrastructure has a direct impact on how your business operates and the decisions you make in real time. Fragmented and legacy systems landscapes can no longer keep up with the constantly changing financial markets. Unrelenting pressure on margins and results means the cost of making significant change is often avoided. Everything we do at Murex is focused on enabling our clients to transform their IT in a way that manages cost, resource and business impact. A unique modular platform approach MX.3 acts as an agile foundation for your IT infrastructure, connecting business processes and powering operations with advanced and specialized native business solutions for trading and analytics, posttrade and risk management. It is designed to work for the capital markets, providing functional depth and openness to meet the evolving needs of all market participants, from the sell-side to the buy-side, from top-tier global institutions to boutique investment firms. MX.3 uniquely provides depth and breadth of functionality and coverage from one platform, unlike other approaches that rely on a patchwork of multiple systems. Data points are shared, processing is centralized and systems are aligned, giving you a global view of your business. Immediate and tangible value For our clients, this delivers greater agility, efficiency and optimization of operations, models and business processes. With a streamlined infrastructure, data can be shared, processed and consolidated more efficiently across your business. This reduces operational risks and costs, giving you greater control over margins and profitability, which allows you to invest in your future development. Access to accurate and consolidated information allows you to make business decisions in real-time. The platform s agility enables you to expand your global business, entering new markets and delivering new services while enabling regulatory compliance through the entire value chain. 03

6 Introducing MX.3 One platform approach, multiple solutions FIXED INCOME OPERATING MODEL TRADING SECURITY FINANCE REFERENCE DATA MARKET DATA TREASURY RISK INTEREST RATE DERIVATIVES CREDIT ANALYTICS MODELS TRADES INVESTMENT MANAGEMENT COLLATERAL EQUITY DERIVATIVES FX IBOR CONNECTIVITY OPERATIONS FINANCE FX DERIVATIVES COMMODITIES 04

7 Advanced business functionality MX.3 provides best-of-breed functionality covering the whole chain, with unmatched coverage across all asset classes. From trading and post-trade operations to risk management, our business solutions combine fit-for-purpose features with enterprise-level capability. Trading The continuing transformation of capital markets means that financial institutions must also transform: reassessing trading strategies, adapting product sets and rethinking distribution channels. All of this must be managed within the constraints of scarce capital and limited funding. MX.3 for Trading helps our clients evolve and succeed in this changing landscape. It provides market-leading functionality for each of your business lines, for both sales and trading, with comprehensive coverage from risk-based pricing and structuring to real-time portfolio management and P&L analysis. Our solution offers the most complete product mix in the industry with more than 350 payoffs, along with the flexibility to create new products. It allows our clients to respond rapidly to market opportunities, supporting complex legacy books when required. It also enables electronic distribution and connectivity functionality to support trading execution and clearing. Our Trading solution provides advanced front-office analytics, with native integration of trading and risk measures giving you a consolidated view of risks and assets in real time. This means you can make trading decisions informed by real-time risk data to optimize capital usage and risk charges, and help increase your profitability and transparency at all stages along the value chain. Recognized as one of the leading frontoffice solutions across asset classes and business lines, MX.3 for Trading gives users the necessary tools to transform their front-office business processes and to stay competitive in a changing financial ecosystem. Enterprise Risk Management Capital markets are rebalancing to a new normal. Changing regulations are impacting how financial firms manage their business operations and generate revenues. Regulation has also redefined risk and collateral management: risk must now be embedded in front office and collateral processes. MX.3 for Enterprise Risk Management (ERM) is designed to help financial institutions optimize their risk infrastructures and reduce the cost of compliance. The cross-asset, cross-function platform provides a new model for risk and collateral management, enabling institutions to control and monitor risk at every step of the value chain. It can be used as an integrated trading and risk solution, or a full enterprise risk management platform that integrates with your existing trading systems. 05

8 Our ERM solution provides a highperformance architecture and advanced calculation engine to cater to internal risk management and regulatory compliance across market, credit and liquidity risk. Our calculation engine capabilities include historical VaR, Monte Carlo simulation, PFE, XVA and more. As one consolidated and central platform, it unifies data repositories, valuation and risk engines, giving you a holistic view of your risk at pre- or post-trade level. This enables the optimization of internal processes to control and manage total cost of trading; consolidates risk reporting for efficient compliance; and influences real-time trading and business decisions to optimize capital investment. Stay competitive by effectively managing risk, while optimizing capital, assets and liquidity. Ranked N o 1 Treasury and Capital Markets Solution IBS Intelligence has recognized Murex and MX.3 as the top selling treasury and capital markets solution in its Sales League Table 2017 MX.3 for Trading is recognized as the leading cross-asset front-office solution in the capital markets. 06

9 Advanced business functionality continued The Murex Risk and Regulatory suite delivers specialized functionality covering FRTB, CVA Capital Charge, SA-CCR, cleared and bilateral margining, and XVA management, in one consistent crossregulatory platform. It is available as a standalone solution or as part of the MX.3 for ERM offering. The flexible platform can easily adapt to the changing risk landscape. MX.3 for ERM enables you to meet regulatory deadlines, rapidly anticipate business impact and more easily adapt to future developments. Voted N o 1 Risk Technology for four years running Risk.net and Asia Risk consistently place Murex at the top of their risk technology rankings 07

10 Enterprise Collateral Management With the global financial markets under increasing regulatory pressure and scrutiny, collateral management has become a vital step in the trading process. EMIR, Dodd- Frank and Basel/IOSCO have re-defined what it means, with risk calculations now embedded in collateral activities and collateral volumes significantly increasing. This is ultimately forcing a move towards more integrated functions, which means institutions are remodeling trading and operations processes, as well as re-engineering legacy infrastructures. MX.3 for Collateral Management is designed to simplify this method by centralizing collateral across functions and business lines for bilateral or cleared OTC, repo or securities lending, and exchangetraded derivatives products. This includes the calculation of CCP margins and bilateral BCBS/IOSCO WGMR margin rules, as well as firms own risk methodologies. Our exception-based workflow manager enables intra-day margining and high STP across the collateral chain, including connectivity with key market infrastructure. MX.3 for Collateral Management offers a single framework for enterprise-wide margining, optimization, compliance and collateral trading MX.3 features an enterprise inventory manager for cash, security and commodity positions. It is synchronized in real time with positions, market data and settlement events from multiple sources, solving the fundamental collateral management challenge of timely data aggregation. This enables global visibility and resource sharing by providing a holistic overview of collateral management exposure. It helps the development of strategies for collateral allocation and funding optimization, asset lending transformation, and internal cost allocation. Chartis Research Category leader in the Chartis FinTech Quadrant for Enterprise Collateral Management Systems for the Trading Book MX.3 for Collateral Management overcomes inefficiencies in your organizational management by offering a single framework for enterprise-wide margining, optimization, regulatory compliance and collateral trading. It is designed to be flexible enough to support changing regulatory requirements while centralizing and simplifying them, ensuring that your business meets the needs of a continually changing compliance landscape. As a SWIFT certified application, MX.3 for Collateral Management is available as a standalone solution or integrated with MX.3 s trading, operations and risk solutions. Operations In a changing financial ecosystem, market participants are under pressure to evolve operating models, moving to higher levels of automation to increase efficiency, reduce operational risk and optimize costs. MX.3 for Operations provides a cross-asset framework for streamlining standard and bespoke business processes and helping solve the challenges of fragmented or obsolete legacy infrastructures. It is designed to meet the specific operational obstacles of FX, securities and derivatives operations. Full deployment of MX.3 s business workflows leads to the highest STP rates in the industry. They cover the full cycle from price discovery and trade, to document and settlement processing, and hedge accounting, delivering operational excellence at every stage. MX.3 seamlessly integrates with execution and clearing platforms, ensuring transparency and real-time monitoring. 08

11 Advanced business functionality continued The solution facilitates regulatory reporting with functional coverage supporting EMIR, Dodd Frank Act and MiFID II / MiFIR, and can easily adapt to new business processes and regulations. MX.3 Securities Settlement is a SWIFT certified application. Ensure agile and efficient processes with MX.3 for Operations, enabling you to adapt to new opportunities and navigate the challenges of today s capital markets. Finance As capital markets evolve, firms are having to adapt their accounting processes. Front office, risk and finance must be increasingly aligned to control capital usage, which has a direct impact on financial statements and regulatory reporting. MX.3 for Finance is designed to help institutions manage these changes and control accounting in an efficient, costeffective and compliant way. Leveraging the cross-asset, modular functionality of the MX.3 platform, it helps simplify, automate and streamline your accounting processes. The MX.3 Accounting Ledger functionality covers full life-cycle management. This includes intraday accounting journal, trial balance with manual adjustments, accounting period management, financial tracking and feed to General Ledger. It leverages frontoffice and risk calculation engines for valuations, accruals and amortizations. Benefit from reduced time-to-market with new product accounting coverage in one platform, offering the widest product range in the industry. MX.3 for Hedge Accounting is an end-toend solution covering micro- and macrohedge accounting from trade booking to financial statements, giving you a full and transparent view of the accounting chain. It includes functional coverage across fair value and cash flow designation, retrospective and prospective effectiveness measurement, reporting and accounting. It is built to easily connect with your existing systems and infrastructure, reducing implementation costs. Automated and fully integrated business processes, including trade management, risk calculation, reporting and sub-ledger solutions, reduce operational costs and increase efficiency. Our Accounting solution facilitates compliance with international accounting standards on IFRS 9 / IAS 39, ASC 815 and IFRS 13 marginal CVA allocation, with simulated and analytical CVA / DVA natively computed in the MX.3 risk engine and posting of the marginal CVA allocation processed automatically in the accounting engine. Control your capital usage and ensure compliance with MX.3 for Finance; a smart technology platform for new accounting standards. MX.3 for finance is designed to help institutions control accounting in an efficient, cost effective and compliant way 09

12 In a complex and changing environment, capital markets firms must reinvent themselves to succeed. At Murex, we have the technology, experience and expertise to help them do just that. 10

13 Advanced business functionality continued MX.3 for Treasury rationalizes operational processes around a single data source, avoiding unnecessary reconciliations 11

14 Treasury With current market conditions, treasury departments have risen to the top of banks investment priorities. More than ever before, there is a need to secure wider funding sources, review pricing rules and implement tighter risk, liquidity and collateral controls. As traditional systems struggle with new market demands, MX.3 for Treasury is designed to meet the complex requirements of the treasury function. Where bank treasuries often rely on several different systems, MX.3 combines all aspects of the function to provide an integrated overview of your positions. It consolidates your money market trading and banking book exposures, as well as submissions from all investment activities on one platform. This enables central and local funding needs to be managed holistically and avoids the high integration costs of unifying disparate systems. MX.3 for Treasury enables compliance with the latest regulatory requirements around liquidity ratios, hedge effectiveness and VaR. Analysis is delivered in real-time and integrated at every step of the funding value chain, meaning treasurers benefit from accurate analytics, advanced risk monitoring and precise measurement. The solution rationalizes operational processes around a single data source, avoiding unnecessary reconciliations between the front and back offices, and risk functions. Its powerful business workflows deliver a high level of automation along the entire value chain, increasing efficiency and giving you better control of operational risk and costs. A SWIFT certified application, MX.3 for Treasury meets and exceeds the demands of today s treasury department offering comprehensive functional coverage. Investment Management Investment strategies have evolved, embracing broader product ranges that lead to higher returns, while simultaneously increasing risk and complexity levels. To support that evolution, investors are seeking an alternative to traditional systems. MX.3 for Investment Management (IM) provides financial institutions with an innovative technology alternative. Buyside clients rely on MX.3 to aid decision making; sophisticated risk modeling and performance analysis enable increased control throughout the investment lifecycle. Portfolio diversification is delivered through immediate and seamless access to any product type, across an unparalleled range of asset classes. Our portfolio management solution includes a real-time dashboard to create, analyze and execute any investment strategy. Position keeping, order and cash management, and compliance are all integrated to increase operational efficiency and reduce risk. Real-time risk simulation and investment optimization features provide managers with tools to monitor portfolio risk and performance attribution. MX.3 for IM supports compliance throughout the entire investment cycle, covering regulatory, internal and investment requirements, which are monitored in both pre- and post-trade. The ability to easily access holdings, cash balances, risk and performance figures for in-depth analysis of your underlying positions enables better regulatory reporting. As a single source of data across business units, our solution provides transparency for both clients and regulators. Investment management strategies are evolving to increase returns and manage compliance. MX.3 for IM is a flexible and comprehensive solution that gives investors a powerful alternative to traditional investment systems. 12

15 Next generation technology MX.3 is designed to meet the needs of capital markets participants today, as well as providing an agile and scalable foundation for future development and change. Our suite of flexible business solutions is powered by advanced core MX.3 technology. This means users benefit from the rich breadth and depth of functional coverage, while centralizing processing and calculations, sharing data points and aligning systems, resulting in technological efficiency and high performance. MX.3 is based on a tiered architecture designed for simplicity and flexibility. It is built to support client specific customizations and integrations. Solutions can be extended to embed proprietary processes and calculations, including defining new product types or adding custom analytics, while benefitting from the platform s generic risk and life-cycle functions or parallelization mechanisms for faster time to market. CPU and GPU grids combined with in-memory aggregation deliver high performance, to handle vast amounts of data and complex requirements, while reducing your overall hardware footprint and controlling TCO. Deployment of MX.3 is flexible with on premise or cloud options. It is cloudcompliant to take advantage of the flexibility, scalability and cost-reductions of the cloud with public or private models. MX.3 operates on a global model to deliver 24-hour trading and continuous processing with a consistent experience and performance for all users. Murex is committed to continual change and embracing new standards and methodologies in technology development. Our continued development of MX.3 will enable you to work digital-first, embracing the most innovative technology and allowing you to operate in a more efficient way to focus on performance and business growth. 1,500 trades per second on FX cash business Position refresh latency <100ms in traders screens 10,000 Full exposure and margin call calculations on 10,000 contracts in less than 7 minutes 200,000 swaptions per second evaluated on 1 core CPU 13

16 Murex is committed to continual change and embracing new standards and methodologies in technology development 14

17 Dedicated and flexible support services We work in close partnership with our clients to deliver IT transformation. Our global service offering is designed to provide the right level of expertise and support at every stage. 15

18 Your long-term partner for capital markets technology Murex offers a full suite of support tools and services, from implementation through to upgrades and focused training. These are designed to help our users make the most of MX.3 and maximize the impact on their business. Each one of our clients is supported by a dedicated client service team, ensuring continuity at every stage while bringing together the right skills and knowledge for each project. Worldwide, Murex support works as one team, leveraging local and client specific knowledge underpinned by global quality, consistency and expertise. Delivery Services Murex Delivery Services are focused on ensuring rapid, high quality implementations, while carefully managing costs and risks. Our teams bring together experienced project managers, business analysts, technical and testing experts. They work closely with our system integration partners to ensure efficient implementation and help you get the most value out of MX.3. Agility at Scale We leverage Agile methodologies across our entire software factory in the development of our software and prepackaged offerings, coupled with DevOps project implementation methods, resulting in faster delivery, improved predictability and better quality for our clients. MXpress TM pre-packaged delivery solutions These solutions are designed for fast implementation, while reducing costs and increasing build quality. Combining a rich content catalogue with a delivery framework based on market best practices, MXpress TM follows an Agile methodology to involve business users from the early stages of scoping and design through to final validation. It is developed and deployed by Murex Delivery Services. MXpress TM follows an agile methodology to involve business users from the early stages of scoping and design through to final validation Support and Evolution Services Our unique support services model is designed to build long-term partnerships with our clients. Our team acts as an extension of in-house support across the entire project lifecycle, taking responsibility to know and understand the client s specific needs and solutions. Our support teams are proactive in advising our clients, from upgrade guidance to bespoke training. They enable clients to continuously evolve their MX.3 platform and solutions. Murex SaaS Murex SaaS is a leading capital markets platform in-a-box, providing fast and secure access to our advanced trading and analytics, post-trade and risk management functionality. It balances a high level of standardization with customization for specific needs, delivering a framework that connects seamlessly to third-party systems as well as your own IT landscape, through standard or tailored interfaces. Murex SaaS is designed with resilience and business continuity in mind, complying with world-class security standards (ISO 27001, SSAE16 SOC 1/2) and data privacy requirements. We take full infrastructure ownership with hosting, monitoring and management services, as well as highly qualified technical and functional off-site support. Murex Learning Knowledge transfer is provided by Murex Learning, a global team of MX.3 experts. The service was developed to share our expertise and help clients to maximise the value of the MX.3 platform. Training is highly flexible, combining a varied schedule of practical classroom sessions in our learning centers located in Paris, Dublin, New York, Singapore and Beirut, with online materials, content and support through our virtual network. 16

19 Murex: Your partner for IT transformation Murex is the long-term technology partner for the capital markets, working with financial institutions in over 60 countries to adapt and evolve their IT systems. A history of innovation For over 30 years, we have been at the cutting edge of technological innovation for capital markets. We have invested over $1bn in the last 10 years in the design, implementation and evolution of integrated trading, risk management, processing and post-trade solutions. The result is MX.3, our award-winning, third generation technology platform. More than 50,000 users around the globe rely on our platform every day. As the capital markets continue to rapidly evolve, we will continue investing to make sure that our clients, our company and our people can do the same. A passion for finance, a talent for technology Our technology is designed to help our clients respond to the challenges they face today and build foundations for the future. Our people At Murex, we recognize that only by supporting our people s creativity in exploring new ideas and approaches, can we continue to lead in capital markets technology. That creativity is grounded in 30 years of experience, and financial and technological expertise. Partnership Our services are based on a foundation of long-term partnership, aimed at supporting our clients growth now and in the future. That collaborative approach isn t just for our clients; we partner with industry providers, bodies and influencers, as well as other technology companies, to ensure we are at the center of market changes, understand what that means for our clients, and are best positioned to respond. 17

20 Our timeline 1986 Murex is founded 1995 Introduction of the first comprehensive front to back office capital markets platform 2007 Launch of MX.3, the enterprise level frontto-back-to-risk platform supporting integration across the value chain for all asset classes 2017 Working for the future, investing in our technology and services to anticipate the needs of our clients and be ready to support next generation capital markets 2011 Launch of Enterprise Risk Management Platform 1987 Development of innovative technology platforms for specific asset classes and launch of real-time risk management solutions 2000 Arrival of second generation integrated platform for cash and derivatives and development of new technology to support larger, global clients with 24-hour access 2008 Investment in MX.3 to support native integration of funding, collateral management, clearing and real-time risk management 2014 Launch of Regulatory Suite 18

21 Your partner for IT transformation continued Who we work with Murex partners with capital markets participants across all segments, with the comprehensive functional coverage of MX.3 enabling us to deliver high quality business solutions to meet our clients different objectives while optimizing efficiency and profitability. The sell-side With its extensive product mix, flexibility and best-of-breed functional coverage, MX.3 is the preferred capital markets technology for the sell-side. It s open architecture and advanced business solutions enable global banks and market makers to accelerate transformation of their business processes and easily implement best market practices. For leading multi-regional, regional or local banks, MX.3 is a unique platform solution covering the whole value chain across asset classes, with emerging markets coverage to support global expansion or entrance into new markets. For all our sell-side clients, MX.3 enables IT infrastructures to be streamlined, delivering increased efficiency and reduced operational costs. The buy-side MX.3 is a comprehensive technology solution for buy-side institutions, providing leading functionality covering the front and back offices and risk from one platform. It s best-of-breed cross-asset portfolio management system enables asset managers and hedge funds to take full control over the investment life-cycle and manage portfolios and inventories in real-time, supporting operational and regulatory performance. The platform provides an IBOR containing data from multiple sources, delivering an independent view of positions, limits, risk and performance for informed decisions. MX.3 is a powerful OTC platform for pension funds and insurance companies, with advanced treasury and order management functionality, while covering balance sheet management and liability driven investment capabilities. For the buy-side, MX.3 helps optimize business processes to respond quickly in rapidly changing markets. Market infrastructure MX.3 is a robust, high performance platform trusted by global market infrastructure firms. Its multi-asset management margining and clearing capabilities are used by the world s largest swap clearer for its OTC business. It accelerates the roll-out of evolving margin calculations, segregation models, multiple connectivity to CCPs and reporting requirements to help clients build competitive services in a fast-changing industry. Bank utilities and central banks can drive efficiencies and reduce TCO with a consolidated platform solution covering front to back to risk, with reserve management functionality for central banks. MX.3 helps market infrastructure firms adapt to the latest market conditions and rationalize operations on a single platform, delivering efficiency and control across the value chain. Corporates Our corporate clients utilize MX.3 s extensive capital markets functionality to build stronger risk management, centralize funding, and implement regulatory and internal compliance. From dealing with EMIR reporting and hedge accounting, to managing FX exposure and controlling commodity risk, the platform delivers bestof-breed capabilities at an affordable cost. Energy and commodities Energy and commodities market participants using MX.3 benefit from a global view of physical, financial risks and inventories across base and precious metals, agriculture, oil and refined products, and power and gas. 19

22 With lessening post super-cycle margins and regulatory pressure increasing the cost of commodities trading, MX.3 is an enterprise solution to help optimize business processes and decision making. Awards The performance of MX.3 is widely recognized by analysts and industry publications, with consistent award wins reflecting our advanced business solutions and high standards of client service. Chartis RiskTech Ranked sixth overall in the RiskTech Rankings 2018 and named Industry Category Leader for Sell-Side Gartner A leader in the Gartner Magic Quadrant for Trading Platforms since 2011* Chartis Research Top of the market potential axis in the RiskTech Quadrant for FRTB solutions 2017 IBS Top Treasury and Capital Market Solution in the IBS Sales League Table 2017 FTF News Voted Software Solution Of The Year in the 2018 Technology Innovation Awards Risk Magazine Market Risk Technology Vendor of the Year 2017 and voted Global Number One Risk Technology Vendor for the fourth consecutive year in 2016 WatersTechnology Best Sell-Side Back- Office Platform 2018 Asia Risk Magazine Voted Overall Number One Technology provider for the fifth year running in 2017 Asian Banker Financial Markets Technology Implementation of the Year Best Integrated Treasury and Capital Markets Platform Implementation, Asian Banker Financial Market Awards 2017 Partners At Murex, we work with a global network of partners to provide best-in-class technology and the highest standards of delivery. From large multi-service providers to local specialists, we trust our partners to cater for the varied needs of our clients wherever they are in the world and whatever their requirements. Dedicated Murex Alliance Managers work with our partners at every level to define strategy and manage collaboration, ensuring our clients benefit from the right expertise at every stage of a project. System Integrators Our System Integration partners provide a full range of services, from specialized expertise and consultancy to fully managed outsourcing. Murex System Integrators are tiered in three levels: Alliance Partners and Business Partners have significant MX.3 service capabilities either globally or in specific regions and are actively managed by Murex s Alliance Management Team, while Associate Partners provide skilled MX.3 resources on an ad-hoc basis. With more than 45 Alliance and Business partners around the world, Murex clients have access to a talent pool of over 3,500 experienced consultants. Connectivity Partners We invest in pre-packaging connectivity between MX.3 and relevant third-party platforms to help reduce deployment cost and accelerate implementation time to market for our clients. Our connectivity offering spans all stages of the data sourcing and trade processing life-cycle. It covers market and reference data platforms, execution, post-trade processing, clearing and settlement, as well as regulatory reporting platforms across asset classes and geographies. The complete list of Murex Partners is available on murex.com. * Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. 20

23 Global footprint With 17 offices close to all the major financial centers and a presence in 60 countries, we are committed to providing industry-leading solutions and service to clients globally. GLOBAL HUBS Paris MUREX SAS 8 rue Bellini Paris Cedex 16 - France Tel New York MUREX North America 810 Seventh Avenue Floor 14 New York, NY USA Tel Singapore MUREX Southeast Asia Marina Bay Financial Centre Tower 2 10 Marina Boulevard #19-01 Singapore Tel Beirut MUREX Systems Kantari Corner Center 14th floor Fakhereddine Street Mina El Hosn Beirut, Lebanon Tel

24 Disclaimer All Information is provided by Murex as is and without any representation or warranty, express or implied, including with respect to accuracy or completeness, and Murex will not be held liable for any loss or damages arising from the use of such Information Murex S.A.S. All rights reserved. The content of this brochure, the names, product names, trademarks and logos are owned by Murex S.A.S and cannot be reproduced, copied, displayed without Murex SAS prior approval. Any unauthorized use of any content contained in this document may violate copyright laws, trademark laws, the laws of privacy and publicity. 22

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