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Murex voted Number One for the third year in a row in Risk Magazine’s Technology Rankings

Murex today announced that it has been recognised as the leader in cross asset trading and risk management solutions for the third year in a row in Risk Magazine’s 2007 Technology Rankings, based on voting by technology users worldwide.

“The paris-based company provides a cross-asset front to back office system, and now has installations of considerable scale in major institutions across the globe, including India’s ICICI Bank, US life insurer Metlife and Spain’s Grupo Santander. The institutions point to the strength of Murex’s product offerings and its partnership approach in working with banks as being particularly strong” writes Clive Davidson, reporting on the Risk Technology Survey results.

Maroun Eddé, Managing partner at Murex said “We are really proud and honoured to receive this prestigious recognition, three years in a row. It is the direct result of dedication to client service, top quality team and highest R&D investment in the industry. We also know too well that markets and client needs keep evolving fast. As a response, we strive hard to remain industry leaders in each area of trading, processing and risk management. This is our simple commitment to customers, and this is why our partnerships with them only get stronger with time.”

According to the report, Murex topped the polls by holding top-three positions in 17 categories and being an outright winner in 5 with wins spanning cross-asset and structured products trading, commodities trading and analytics as well as market risk management.