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Murex tops Risk Magazine’s Technology Rankings for the fourth year in a row

Murex today announced that it has retained its number one position as the leading derivatives trading and risk management and processing solution provider for the fourth year in a row in Risk Magazine’s 2008 Technology Rankings, the most prestigious survey since inception.

Maroun Edde, Murex Chief Executive, commented the results "We are particularly honoured to have users of our platform express their confidence in our solution by nominating once again Murex as the leading solution provider overall. In today’s troubled context, this 4th award shows our solution is not only about technology. We have embedded in our solution a deep understanding of our clients’ businesses and needs, enriched through 22 years experience, making it the fit answer to the capital markets industry requirements."

Votes from banks, hedge funds, pension funds, insurance companies and corporate treasuries across the world positioned Murex product offering in the top three positions in 15 categories including front-to-back office trading systems, pricing and analytics, limit checking, collateral management and IAS compliance.

"We are willing to pursue further the high level investments injected in R&D along with an enhanced commitment to delivering timely solutions, with a strong focus on low total cost of ownership through initiatives such as MXpress, the latest Murex accelerated implementation methodology."