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Murex Extends Their Leadership in Capital Markets Technology

Murex, a leading provider of integrated trading, risk management and processing solution, announced today the company was distinguished Number One Overall Top Technology Vendor in London last week during the Risk Awards 2012 ceremony organized by Risk Magazine. This award mirrors the preceding acknowledgement received for the Asia Risk Technology Rankings 2011.

For over 25 years, Murex has consistently been at the forefront in delivering innovative technology solutions for trading, risk management and processing across all asset classes. The two pillars of the company strategy, dedication to clients and long-term vision are here once again endorsed by the market.

Every year, readers of Asia Risk and Risk Magazine are invited to name their preferred vendors across various categories including front-to-back-office systems, analytics, risk management and other areas such as global limits management and support services. This year’s Technology Rankings indicate a strong backing from the market for Murex's commitment in accompanying its client base through the challenge of shifting capital markets.

Maroun Eddé, CEO of Murex, comments: “It is immensely rewarding for us to see that continuous attention to clients, from strategic partnership to daily operational support, is rewarded through repeated expression of trust and confidence. More particularly, this year’s plebiscite in the Risk & Asia Risk Technology Rankings placing Murex as the number one vendor for support services is a perfect resonance of the company’s undivided dedication to delivering premium support as a standard.

”With a track record of over 120 number one prizes accumulated over the past 5 years across its full range of functions and asset class coverage, the MX.3™ solution, Murex’s latest generation platform, proves its ability to deliver a holistic yet modular offering with no functional nor technical compromise.

The inaugural Gartner Magic Quadrant for Treasury and Trading Core Systems published in November 2011, in which leading industry analysts position Murex in the “Leaders” quadrant offers an additional perspective to Murex’s positioning in the market.

Commenting on Gartner’s Research Report, Maroun Eddé adds: “We were recognized by Gartner’s analysis along the two dimensions used to evaluate vendors, completeness of vision and ability to execute. We believe that the first dimension demonstrates our capacity to constantly reinvent ourselves and adapt to shifting markets, and the second highlights how dedicated we are to reaching a goal we set to ourselves. Without any doubt, we will pursue our efforts along those dimensions when it comes to developing further our platform (e.g. to address new regulations such as central clearing for OTC products), or our global presence through major developments in emerging markets”.

Eddé further concludes “We want to thank all our clients for their continued expression of faith. Through bull and bear markets alike, we will maintain our investment to retain their confidence”.

*Gartner, Inc., Magic Quadrant for Treasury and Trading Core Systems, David Furlonger, Douglas McKibben, November 1, 2011.