List of Murex MX.3 MXGO Customers
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Since 2010, our global team of researchers has been studying Murex MX.3 MXGO customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.
Each quarter our research team identifies companies that have purchased Murex MX.3 MXGO for Treasury Management from public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources, including the customer size, industry, location, implementation status, partner involvement, LOB Key Stakeholders and related IT decision-makers contact details.
Companies using Murex MX.3 MXGO for Treasury Management include: Boubyan Bank, a Kuwait based Banking and Financial Services organisation with 2333 employees and revenues of $709.0 million, Anadolubank, a Turkey based Banking and Financial Services organisation with 1650 employees and revenues of $620.0 million, stc pay, a Saudi Arabia based Banking and Financial Services organisation with 500 employees and revenues of $75.0 million and many others.
Contact us if you need a completed and verified list of companies using Murex MX.3 MXGO, including the breakdown by industry (21 Verticals), Geography (Region, Country, State, City), Company Size (Revenue, Employees, Asset) and related IT Decision Makers, Key Stakeholders, business and technology executives responsible for the software purchases.
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| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Application | Category | When | SI | Insight |
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Anadolubank | Banking and Financial Services | 1650 | $620M | Turkey | Murex | Murex MX.3 MXGO | Treasury Management | 2024 | n/a |
In 2024, Anadolubank went live on Murex MX.3 MXGO for Treasury Management. The deployment targeted a scalable front-to-middle office platform to support growth in the bank’s treasury and capital markets activity and to centralize pricing and position keeping across trading desks.
The implementation used Murex MX.3 MXGO as a modular front-to-back-to-risk solution, configured to deliver pricing, risk monitoring, position keeping and real-time portfolio management capabilities. Configuration followed MXGO predefined parameter sets, adjusted to meet specific bank requirements while preserving Murex best practice templates for multi-asset workflows.
Operational scope emphasized treasury and trading management across multiple asset classes including FX, FXD, MM, FI, IRD and SecFin, consolidating front and middle office functions under a single cross-asset platform. MXGO’s architecture supports on-premises, cloud, or fully managed SaaS deployment models, providing flexible hosting options for future scaling and operational resilience.
Project governance leveraged an accelerated delivery methodology to compress timelines and control implementation cost, executing a rapid first phase to realize core business value. Reported outcomes included a short time-to-market for the multi-asset platform, improved pricing accuracy, enhanced capacity of MX.3 and high user satisfaction, while the deployment established a foundation for further MX.3 expansion.
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Boubyan Bank | Banking and Financial Services | 2333 | $709M | Kuwait | Murex | Murex MX.3 MXGO | Treasury Management | 2023 | n/a |
In 2023 Boubyan Bank implemented Murex MX.3 MXGO for Islamic Finance to support Sharia compliant treasury activity. The deployment uses Murex MX.3 MXGO in the Treasury Management category to deliver a front to back to risk platform for the bank's treasury and capital markets operations.
The implementation configures MX.3 MXGO as a packaged, tailored treasury and trading solution, leveraging accelerated delivery to reduce total cost of ownership as described by the vendor. Functional scope explicitly includes FX spot, forward Waad, FX swap, profit rate swaps, cross currency swaps and sukuks, together with collateral management, value at risk, accounting and hedge accounting capabilities, aligning treasury, trading and risk workflows.
MXGO supports on premises, cloud or fully managed SaaS delivery models, providing deployment flexibility for operational teams without prescribing a single hosting choice. The solution is positioned to facilitate front office product origination, middle office risk and collateral control, and back office accounting and hedge accounting processing across Boubyan's treasury and capital markets activity.
Boubyan shortlisted and selected Murex after a competitive process, and the bank states the implementation will enable increased product offerings and support a growth strategy for Sharia compliant products. The engagement frames ongoing operational partnership with Murex to accelerate product rollout and maintain a centralized Treasury Management platform for the bank.
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stc pay | Banking and Financial Services | 500 | $75M | Saudi Arabia | Murex | Murex MX.3 MXGO | Treasury Management | 2024 | Fenixys- An Aurionpro Company |
In 2024, stc pay implemented Murex MX.3 MXGO as its Treasury Management platform to establish a formal treasury and trading capability for the Riyadh, Saudi Arabia based digital bank. The deployment of Murex MX.3 MXGO enabled stc pay to evolve from a digital wallet into a full fledged Islamic bank with an up and running treasury function, reflecting a product and platform decision aligned to Islamic finance practices.
The implementation used Murex MX.3 MXGO packaged treasury functionality and standardized MXGO treasury packaging to accelerate delivery, while incorporating best market practices for Islamic finance, including Murabaha processing and Sharia compliant accounting rules. stc pay elected to run Murex MX.3 with an open source PostgreSQL database to obtain scalability, stability and security at a competitive cost, and the project leveraged Murex standardized modules to shorten configuration and testing cycles.
Fenixys, An Aurionpro Company provided on site Murex expertise across project management, solution architecture, requirements gathering and testing services, supporting the integration and operational readiness of the MX.3 implementation. Operational scope centered on treasury and trading activities, product launch enablement for treasury offerings, and compliance with evolving market and regulatory requirements for Islamic banking.
Project governance followed an accelerated delivery model, with the combined stc pay and Murex teams delivering a production ready system within six months by using MXGO packaging and contemporary platform technologies. The collaboration and implementation were externally recognized through Global FinTech Innovation Awards for Best Treasury Implementation Best Project Implementation and as a Regional Winner in the Middle East at the IBSi NeoChallenger Bank Awards, underscoring the implementation quality and market relevance of the Murex MX.3 MXGO Treasury Management deployment.
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Buyer Intent: Companies Evaluating Murex MX.3 MXGO
- Modern Aviation, a United States based Transportation organization with 210 Employees
- Altitude Infra, a France based Communications company with 900 Employees
- India.Gov.In, a India based Government organization with 500 Employees
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