Talanx AG picks Murex’s MX.3 platform to replace legacy systems
Latest news
Talanx AG picks Murex’s MX.3 platform to replace legacy systems 04 April 2019Paris Reporter: Jenna Lomax
Image: Shutterstock
Talanx AG’s Ampega Asset Management has chosen Murex’s MX.3 platform for fixed income, equity, funds, foreign exchange and derivatives for all business lines.
The MX.3 platform was selected to replace multiple legacy systems in order to gain visibility, transparency and consistency in risk calculations.
The MX.3 platform runs on a single system, allowing Ampega to streamline processes across portfolio and order management and manage risk with stress and back testing capabilities.
Immo Querner, CFO at Talanx AG and chairman of Ampega Asset Management’s supervisory board, said: “The challenging process of implementing a new IT system was driven by a true sense of partnership between Ampega and Murex, and we are happy to see that this spirit continues in the first months of operating MX.3 in production. With Murex MX.3, we have set a cornerstone of a future-proof IT architecture.”
Jean-Gabriel Edde, partner at Murex, commented: “We’re proud to be a strategic technology partner of Ampega, helping them to meet the evolving challenges of their client base. Investment management is a key market for Murex and we look forward to future collaboration with Ampega and other buy-side firms.”
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one asset servicing news source this
year, make sure it is your free subscription to Asset Servicing Times
Image: Shutterstock 