CDP picks Murex’s SaaS for capital markets activities
Latest news
CDP picks Murex’s SaaS for capital markets activities 29 October 2019Paris Reporter: Jenna Lomax
Image: Shutterstock
Cassa Depositi e Prestiti (CDP), the Italian national promotional institute, has selected Murex’s software as a solution (SaaS) for capital markets activities.
CDP is modernising and outsourcing its capital markets IT to support new business and a changing company strategy.
Murex’s private SaaS solution will allow CDP to customise business processes, increase innovation and configure user preferences.
The SaaS also includes new financial products and risk monitoring tools, while keeping existing business customisation.
In addition, CDP is to expand its use of the MX.3 risk control capabilities and additional packaged interfaces.
Paul-Alexandre Lourme, head of SaaS services at Murex, commented: “We are delighted to be collaborating with CDP, helping them to simplify their system landscape while also reducing the total cost of ownership with our SaaS solution.”
He added: “By outsourcing the maintenance and day-to-day running of the software to Murex, the team at CDP can now focus on developing their core business, while benefiting from the full functionality of the MX.3 platform.”
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 