We have delivered over 100 Murex programs from implementation to migration to support for more than 20 years, so our experienced team was up to the task of migrating thousands of widgets to Murex MX.3. We joined forces with our client to migrate and consolidate 500 reports and 40 interfaces from the bank’s ecosystem to the latest version of the Murex MX.3 platform, which provides financial services firms with software for cross-asset trading, treasury, risk and post-trade operations.
This project enabled the client to be ready for regulatory projects such as the Fundamental Review of the Trading Book (FRTB), an initiative of the Basel Committee on Banking Supervision designed to overhaul trading book capital rules.
Accenture’s involvement included project management, business case development, design, building/testing and post go-live support. We delivered the services using local teams in Montreal as well as teams based within our global delivery network.
In addition to migrating our client to MX.3, we deployed Accenture Reformx, a comprehensive configuration management tool that can cut development cycles by up to 20 percent.
The scale of this project was significant and with our experienced onshore and offshore resources, we were able to migrate thousands of objects to the new Murex version on time, on budget, and to a high standard of quality and stability expected for a mission critical system.