Murex Maintains its #1 Position in the IBS Intelligence Sales League Table 2020

17 June 2020

Murex, a global leader in trading, risk and back-office solutions for treasury and capital markets, is pleased to announce that its centralized MX.3 platform has once again secured the top ranking in the IBS Intelligence Sales League Table 2020 under the Wholesale Banking | Treasury & Capital Market category. 

Based on the 2019 global sales figures, this ranking aims to demonstrate the global success of financial software vendors. The 2020 Sales League Table saw an increase in the total number of deals categorized in the wholesale banking and treasury space, with Murex taking the lead after acquiring the highest number of new client signatures (17).

Philippe Helou, Co-founder and Managing Partner, Murex commented, “To maintain our number one position in the IBS Intelligence League table is testament to the success and commitment of our people at Murex, who continue to deliver for our 50,000 daily users in 60 markets.”

He continues, “With all the current challenges in a highly volatile market, an ever-increasing number of financial institutions are accelerating digital transformation and updating legacy software. We are proud that MX.3 is the top choice for technology replatforming in the capital markets and treasury industry worldwide.” 

Speaking on this success also, Mr. V. Ramkumar, Sr Partner at IBS Intelligence and chair of SLT Panel, said “A leadership position in the IBSI SLT is not only a recognition of sales performance, but also a reflection of being the most preferred supplier of choice. We are pleased to congratulate Murex MX.3 for retaining its #1 rank in the category of Wholesale Banking – Treasury and Capital Markets in SLT 2020, for the second consecutive year”. 

Murex was placed second in the Risk Management category for its MX.3 for Enterprise Risk Management (ERM), which is designed to help financial institutions optimize their risk infrastructures and reduce the cost of compliance. The cross-asset, cross-function platform provides a new model for risk and collateral management, enabling institutions to control and monitor risk at every step of the value chain.  

Click here to download the Annual IBS Sales League Table 2020 results to find out more.  

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