PARIS - Thursday, September 22nd 2016 [ME NewsWire]
(BUSINESS WIRE)-- Murex, the leading provider of integrated Trading, Risk Management and Collateral solutions, is pleased to announce that it has been positioned as a category leader in the Chartis 2016 FinTech QuadrantTM for Enterprise Collateral Management Systems for the Trading Book.
Faced with increasing regulatory and liquidity challenges, key players in the financial markets demand a collateral management system that can deliver innovation, demonstrate a deep market understanding, and provide a wide range of functionalities.
Taking these requirements and market challenges into account, Chartis evaluated Murex and other vendors on two core dimensions–market potential and completeness of offering. These two axes combine important performance indicators, such as depth of functionality, customer satisfaction, and thought leadership, to provide actors in the financial markets with a clear picture of the technology vendor landscape. Murex’s collateral solution, MX.3 for Collateral Management, scored highly in both dimensions.
According to Hugh Stewart, Research Director at Chartis, “The current wave 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.”
Etienne Ravex, Head of Product Management for Operations and Finance at Murex says, “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.”
View source version on businesswire.com: http://www.businesswire.com/news/home/20160922005778/en/
Contacts
Murex
Nicole Fisher, +33144053200
marketingcommunication@murex.com
www.murex.com
or
Chartis:
Monazer Rashid, +44(0)2073169537
monazer.rashid@chartis-research.com
www.chartis-research.com
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