New York, 10001, NY,
United States
Sequel
Sequel, a prominent reseller, system integrator, and consulting company, that plays a vital role in numerous system integration and digital transformation initiatives. Sequel collaboration with software players such as Murex empowers organizations to embrace disruptive technologies and accelerate their journey to the cloud, thus reshaping their business models.
| Reseller and SI | Vendor | Application | Category | Market |
|---|---|---|---|---|
| Sequel | Murex | Murex MX.3 | Trading Platform,Portfolio and Investment Management | Investment Management |
| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Product | Category | When | Insight |
|---|---|---|---|---|---|---|---|---|---|---|
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Boubyan Bank | Banking and Financial Services | 2333 | $709M | Kuwait | Murex | Murex MX.3 | Trading Platform,Portfolio and Investment Management | 2023 |
In 2023 Boubyan Bank implemented Murex MX.3 for Islamic Finance using the MXGO packaged treasury and trading solution. The announcement was issued from Kuwait and Paris on May 10, 2023 and describes a program to run Sharia compliant treasury and capital markets activity.
Murex MX.3 was configured as a front-to-back-to-risk Trading Platform,Portfolio and Investment Management implementation, delivering treasury and trading workflows alongside risk engines. Functional capabilities implemented include 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.
Deployment architecture follows MXGO options with on-premises, cloud or fully managed SaaS delivery, enabling Boubyan to accelerate delivery and reduce total cost of ownership through the packaged approach. The project was selected after a competitive procurement process and is being implemented with SI partner Sequel, integrating the MX.3 platform to operate the bank’s treasury and capital markets activity alongside core banking interfaces.
Governance emphasizes front-to-back integration, product onboarding workflows and risk governance to facilitate faster product delivery to clients and to support the bank’s stated growth strategy. Murex positioned MXGO as a fast, seamless implementation route and Boubyan’s leadership cited the program will increase product offerings while establishing a long term partnership.
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Buyer Intent: Companies Evaluating Sequel Services
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