Murex Strengths, Domain Expertise, and Key Differentiators
Murex has emerged as a leader in providing cutting-edge solutions that power capital markets worldwide. Led by a visionary management team, Murex epitomizes the fusion of financial expertise and technological innovation. At the heart of its offerings lies MX.3, a powerful third-generation integrating platform that has witnessed over EUR 1 billion in investment over the past decade. This substantial investment underscores Murex's dedication to pushing the boundaries of fintech and delivering unparalleled solutions to its clients. MX.3 isn't just a platform; it's a testament to Murex's ambitious research and development programs. With a focus on operational excellence and agile collaboration, Murex has created a platform that not only meets the evolving needs of the industry but also anticipates future challenges and opportunities.
Murex Recent Developments
Murex's MX.3 platform, renowned for its robust capabilities, now offers an enriched avenue for accessing ICE's fixed income and derivatives data. This strategic partnership underscores the commitment of both entities to empower financial institutions with cutting-edge tools and resources, fostering enhanced decision-making processes and driving operational excellence. This development not only signifies a pivotal milestone for Murex but also reinforces ICE Data Services' position as a premier provider of essential market data. By synergizing their strengths, these industry giants aim to revolutionize the landscape of capital markets, paving the way for innovation and efficiency.
Murex Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Murex applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Murex and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Murex MX.3 customers.
Murex Overview
15-25 Boulevard de l'Amiral Bruix
Paris, x, 75116, France
33 1 44 05 32 00
https://www.murex.com/
Ownership: - x
Number of Employees: 3000
Functional Markets: ERP Services and Operations, TRM,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction and Real Estate, Healthcare, Insurance, Oil Gas Chemicals, Professional Services, Retail, Transportation, Utility,
Murex Key Enterprise and Cloud Applications
Murex MX.3
Murex Revenues, $M:
| Type/Year | 2023 | 2024 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Murex Revenue Breakdown By Type, $M:
Murex Enterprise Applications Revenues By Functional Markets, $M:
Murex Enterprise Applications Revenues By Verticals, $M:
Murex Revenues By Region, $M
| Region | % of Total Revenues | 2024 Total Revenues, $M | 2024 Enterprise Applications Revenues, $M | 2024 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Murex Direct vs Indirect sales
| Type | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Murex Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Murex Customers
No. of Murex Customers: 300
No. of Murex Enterprise Applications Customers: 300
No. of Murex Cloud Customers: x
No. of Murex Cloud Subscribers: 60000
Murex has 60,000 users running its trading and risk management applications in 60 countries. Utilization of its software has been growing, suggesting that customers have been standardizing on Murex applications and picking up new modules consistently.
Other key customers include Amundi, BNP Paribas Fortis, Credit Agricole Asset Management, Crédit Mutuel Arkéa, Le Groupe EDF, Calyon, Natixis, UBS Bank, Swiss Re, Credit Suisse, ALPIQ, Total Trading SA, British Petroleum, HBOS TS (London), Lloyds Banking Group, Barclays Capital, BT Global Services, London Clearing House, Bear Stearns (NY), JPMorgan Chase, SAC Capital Advisors, Soros Fund Management (NY), BNY Mellon, Citigroup, Goldman Sachs Investment Bank, Harvard Management Company, Inc., Millennium Partners, NYSE Euronext, Sapient Global Markets, International Fund Services (N.A.) L.L.C., Capital One bank, Caxton Associates, MetLife, Inc., and many others.
Murex Market Opportunities, M&A and Geo Expansions
As financial institutions increasingly migrate to cloud-based infrastructures, Murex is well-positioned to capitalize on the accelerating adoption of the SaaS deployment model, which saw usage double in mid-2024 compared to the entirety of 2023.
Murex Risks and Challenges
In the ever-evolving landscape of Technology Risk Management (TRM), companies like Murex stand at the forefront, providing innovative solutions to global financial institutions. With over 3,000 employees spread worldwide, Murex has established itself as a key player in the industry, catering to a diverse client base that extends far beyond its origins in France. However, as with any thriving enterprise, Murex is not immune to risks – both internal and external – that could potentially impact its growth trajectory and market positioning.
Murex continues to enhance its MX.3 platform’s capabilities in both functionality and core technology. Future opportunities lie in the company’s ability to deliver fully integrated solutions for treasury and capital markets, as demonstrated by its partnership with Gulf Bank in Kuwait, which not only strengthens Murex’s footprint in the Middle East but also exemplifies its global expansion strategy.
Murex Ecosystem, Partners, Resellers and SI
A partnership is an important aspect of the Murex strategy during the project delivery and support stages, enabling clients to reduce costs, ensuring smooth project implementation, and providing reliable long-term services. Murex partners include Accenture, Capco, DerivIT, Excelian, Mindtree, Synechron, Capgemini, d-fine, Everis, Exprivia, First Derivatives, Upskills, Indigo Consulting, Maltem Consulting Group, Sapient, Be group, and many others.
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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