Murex, the provider of integrated trading, risk management and processing tools, has been top ranked in the Energy Risk’s Annual Software Survey.
The voting placed Murex in the top 3 positions in 15 categories, including 5 number one rankings, in areas such as market risk, modelling and overall ease of using the system. Results from the Risk Technology Rankings 2008 had already recognised Murex as being the number one vendor in Commodities in Trading systems – front-to-back office and Pricing and analytics categories.
MX.3s powerful architecture, Murexs third generation integrated platform, a multi-commodity application that has been designed to deliver extensive derivative and physical product coverage (power, natural gas, crude oil and refined products, coal, freight derivatives, emissions, base and precious metals, and soft commodities), along with cross-market interest rate and foreign exchange hedging.
The system also provides a wide range of risk functionalities such as VaR, PaR, credit limits, market limits compliance checks and collateral management. The whole trade life cycle is managed, as well as confirmations, payments and invoices, and accounting.
For the past 15 years, we have continuously invested in our solution to enrich it with the right developments and build a deep understanding of the specific requirements of the energy and commodity businesses – making the fit solution under all circumstances, says Henri Van den Boogaerde, head of product development for the energy and commodities, Murex.
We are very proud to see our ETRM being pledged by our Energy Risk readers and our clients. With the additional impulse given by MXpress, Murexs latest accelerated implementation methodology based on pre-packaging of best practices, we are confident we are in the right position to pave the road for further successes.
L.D.