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Murex modernization and upgrade

Take advantage of the latest Murex innovations and keep up with the newest compliance requirements with a Murex upgrade. Zoreza global’s two decades of experience and full alignment with MXPlus methodology will minimize your risks and optimize the cost of the upgrades.

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Our services

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Binary upgrade

Make your Murex binary upgrade predictable and cost-efficient with Zoreza global’s expertise. With a 15 year track record handling Murex upgrades worldwide, we are fully aligned with the MXplus upgrade methodology.

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Cloud onboarding

De-risk your cloud initiative with our unique combination of hands-on Murex expertise and long-running experience in cloud migration for trading applications. We leverage our strategic AWS and Azure partnerships and the best-in-breed toolkit to make your migration successful.

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Database migration

Futureproof your data and improve performance by migrating your Murex database to PostgreSQL. With Zoreza global, your database migration will be fast, disruption-free and efficient, all thanks to our continuously expanding CI/CD automation toolkit for converting Murex objects.

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Test optimization and automation

Improve Murex testing accuracy, cost-effectiveness and speed with Zoreza global’s independent review of your existing processes. We can completely redesign or gradually improve your MxTest packs, whether you envision major projects like binary upgrades or not.

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Automation and CI/CD

Reduce Murex upgrade costs and speed up migration with version control and release automation. We’ll advise you on the most suitable one-off investment into optimizing your automation toolkit and CI/CD processes with MxCI tools or other toolkits.

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Binary upgrade team mutualization

Equip your in-house talent with the right skills for a Murex upgrade to the latest version. We can transfer our know-how via internal communication or consultant rotation. We can also deploy the same consultants across multiple engagements to optimize costs.

 

Zoreza global, your reliable Murex upgrade partner

 

We’ve been helping market execution venues, market data providers, clearers, and other service providers get the most out of their Murex systems for over two decades. With 1,000+ Murex experts on our team, we have the right combination of tools, skills, and experience to de-risk upgrades, optimize costs, and accelerate migration processes.

From initial assessment to upgrade validation, we’re here to help you make the journey to the very latest Murex version – and promptly resolve any issues that may arise along the way.

 

Zoreza global’s Murex upgrade methodology

Conversion

Murex takes care of the core
conversion. The vendor is responsible for defining the
procedure, executing it at least once, and then handing it over to our Environment Manager

Reconciliation

Under our Murex upgrade services, the vendor performs the core reconciliation, after which we take care of the extended reconciliation.

Functional adaptation

We map out a full list of functional changes and new business opportunities and conduct an impact assessment for the new version implementation as well as in-flight project developments.

Upgrade validation

Murex takes on your specific test cases within Factory Acceptance testing, fixes regression, and reveals binary defects. We tailor your post-go-live support to your project requirements.

 

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Let’s make your Murex upgrade a breeze

 

Why choose Zoreza global for your Murex version upgrade?

 

We have all the right ingredients – Murex experience, engineering expertise and advanced problem-solving skills – to ensure Murex upgrades are completed on time, within budget and with the quality that meets our client’s expectations.

Engineering background

From database migration to PostgreSQL to Murex migration to the cloud, our engineers have what it takes to flawlessly execute your upgrade regardless of the level of complexity.

World-leading Murex practice

With 1,000+ Murex experts on our team, we’re the largest Murex upgrades company globally. This allows us to offer any combination of offshore, nearshore and onshore capabilities.

Proven track record

Our global Murex team has completed over 300 upgrades for clients in finance and capital markets. Our experience allows us to navigate the most complex of challenges with ease.

 

Zoreza global’s Murex expertise

20

years of Murex experience

We’ve been a Murex integrator for two decades and the company’s Alliance Partner for 13 years

1000+

Murex team members

Being the largest Murex practice worldwide, we always have the right fit for your project team

70

countries

We deliver Murex upgrades to clients offshore, nearshore and onshore

 

News and insights

Why is precise monitoring and observability so crucial for trading systems?

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Why is precise monitoring and observability so crucial for trading systems?

Why as-a-Service operating models are the future of banking technology

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Why as-a-Service operating models are the future of banking technology

Reap the benefits of cloud migration in capital markets

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Reap the benefits of cloud migration in capital markets

 

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Ready to capitalize on the latest Murex innovations?

 

FAQ

Murex (MX.3) is a leading capital markets solution for sell-side organizations. With more than 60,000 daily users globally, including at 65 of the world’s top 100 banks, Murex is a cross-asset platform that supports 300+ ready-to-use payoffs.

Murex’s asset coverage includes:

  • FX assets and FX options
  • Digital assets
  • Securities finance
  • Fixed income
  • Linear and non-linear rates
  • Inflation and credit
  • Funds and ETF
  • Alternative investments

Besides extensive asset coverage, Murex offers the following features to its users:

  • Powerful APIs for processing custom payoffs
  • Cross-functional integration from front-office to back-office
  • Modular architecture for tailoring the platform to the organization’s unique needs
  • Regulatory compliance out-of-the-box across the clearing, collateral, reporting, market, counterpart credit and liquidity risk requirements
  • Comprehensive IT strategy support, from IaaS and PaaS to BPaaS and SaaS models
  • Full and hybrid cloud readiness out-of-the-box

A Murex version upgrade allows you to reap the following benefits:

  • Up-to-date vendor support. If your current Murex version is no longer supported, it becomes a source of security vulnerabilities
  • Access to new features. Murex adds hundreds of new features to each quarterly MX.3 update that allow you to comply with the latest regulations
  • Improved efficiency. New Murex versions come with better performance, more robust automation capabilities, and user experience improvements to give your operational efficiency a boost
  • Enhanced customer experience. New functionality, along with improved efficiency, allows you to serve your customers more effectively
  • Future-proofed solution. Transitioning from a legacy solution to a modern Murex architecture allows you to further secure your investment into Murex and make the most out of it

Implementing automation and CI/CD for a Murex upgrade:

  • Speeds up the upgrade process. Version control and release automation accelerate the integration and deployment, all while mitigating risks and ensuring software quality
  • Reduces costs. While implementing automation and CI/CD is an investment in and of itself, you’ll recoup the costs as the upgrade will require fewer resources and be completed faster
  • Ensures quality. Automation paves the way for standardization, which, in turn, reduces the risk of human error and maximizes quality assurance efficiency

This step typically involves a single-time investment into new automation tools and revamping some workflows or whole processes. You can implement automation and CI/CD for a Murex upgrade in multiple ways, including but not limited to the vendor’s MxCI toolkit.