Murex

What Murex does

Murex is a privately held French capital markets technology company founded in 1986 and headquartered in Paris. The company develops and distributes MX.3, an integrated front-to-back-to-risk platform covering sales and trading, treasury, enterprise risk management, post-trade operations, securities finance, collateral management, investment management, energy and commodities trading risk management (E/CTRM), and digital assets. MX.3 supports over 350 preconfigured structured payoffs across equities, rates, FX, commodities, and emerging digital asset classes. Murex serves approximately 300 clients across 60 countries, with 60,000+ daily users, including 65 of the world's top 100 global banks. The platform has received SOC 2 Type 1 attestation on MXSaaS and is delivered via on-premise, multi-tenant SaaS, and managed services models.

Murex generates revenue through a mix of subscription-based licensing of MX.3, recurring maintenance and technical support, managed services delivered as MXSaaS and the packaged MXGO treasury/trading solution, and professional services delivered directly or through system integrator partners including Publicis Sapient and Accenture. Cloud delivery is supported through strategic agreements with AWS and Microsoft Azure, while target buyers span top-tier global banks, regional banks, neobanks, clearing houses, investment managers, energy and commodities firms, corporates, and public agencies. Headcount stands at 3,400+ employees across 20 offices globally, with Paris as the largest affiliate at roughly 1,200 staff. Pricing is not publicly disclosed and contracts are negotiated enterprise-wide.

The company is controlled by Luxembourg-based holding company Murex International Luxembourg S.A., with Maroun Eddé as President of Murex S.A.S. and Elias Eddé as CEO. Recent strategic priorities include the global AWS managed services collaboration, the eighth Asian office opening in Mumbai, the Quant Network partnership for tokenized deposits and digital bond settlement, expansion into energy and commodities risk management (E/CTRM), and growth in the neobank segment via MXGO. Murex has held the #1 position in the IBSi Sales League Table for eight consecutive years and has been recognized by Euromoney, Risk.net, Chartis Research, FTF News, and Energy Risk across FX options, market risk, digital assets, and energy/commodities categories.

Name

Murex

Legal name

Murex S.A.S.

Website

https://murex.com

Company type

Private

Founded year

1986

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Murex is a privately held Paris-based capital markets technology company founded in 1986, providing the MX.3 integrated trading, treasury, risk, and post-trade platform to 300 clients across 60 countries, including 65 of the world's top 100 global banks.

Ownership category

akta.pro rank

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices8 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Infrastructure, Operations, Marketing or Sales

Revenue model

1. Software Licensing: MX.3 platform licensing to financial institutions for trading, risk management, and treasury operations.
2. Maintenance and Technical Support: Ongoing maintenance services and technical assistance provided to clients, with Murex (U.K.) Limited providing services in the U.K. market.
3. MXSaaS Managed Services: Fully managed SaaS delivery model with vendor-managed infrastructure, hosting, and continuous integration for clients including Aldermore Bank.
4. MXGO SaaS: Packaged treasury and trading SaaS solution for regional and specialist banks, reducing TCO and complexity with rapid deployment.
5. Professional Services: Implementation services, training, and consulting provided directly or through system integrator partners like Publicis Sapient.

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

Murex develops and licenses MX.3, an integrated capital markets software platform that supports sales and trading, treasury management, enterprise risk management, operations and finance, investment management, securities finance and collateral management, and energy and commodities trading across multiple asset classes. The platform is delivered on-premise, as fully managed single-tenant SaaS (MXSaaS), as packaged SaaS (MXGO), and through targeted cloud services such as MXevolve and XVA as a Service, and is used by 300 financial institutions including 65 of the world's Top 100 global banks.

Product overview

Murex offers MX.3 as its unified, integrated capital markets technology platform, which serves as the core product supporting the entire financial technology portfolio. The platform provides cross-asset trading, risk management, and post-trade processing capabilities. The ecosystem includes MXGO (fit-purpose treasury and trading for local banks), MXSaaS (fully managed SaaS delivery), MXevolve (DevOps-driven upgrade acceleration), and XVA as a Service (multi-tenant SaaS for XVA calculations). Specialized modules cover Sales and Trading, Enterprise Risk Management, Treasury Management, Operations and Finance, Investment Management, Securities Finance and Collateral Management, E/CTRM (Energy Commodities Trading and Risk Management), Power and Gas, and Digital Assets. The platform supports over 350 preconfigured structured payoffs across equities, rates, FX, and commodities.

Differentiator

Problem solved

Functional benefit

Brands

• MX.3: The leading capital markets technology solution - an integrated platform for trading, treasury, risk management, and post-trade operations.
• MXSaaS
• MXGO
• MXevolve
• XVA as a Service
• UaaS
• MX.3 for Digital Assets

Products and services

• MX.3 Platform Integrated front-to-back-to-risk capital markets platform supporting sales and trading, treasury management, enterprise risk management, operations and finance, investment management, securities finance and collateral management, and energy and commodities trading across FX, rates, equities, commodities, digital assets, and energy for global banks, investment managers, corporates, and public agencies.
• MXGO Packaged MX.3-based treasury and trading SaaS offering rapid deployment, reduced total cost of ownership, and seamless integration across treasury workflows, targeted at regional banks and neobanks.
• MXSaaS Fully managed single-tenant SaaS delivery of MX.3 hosted by Murex on public cloud, combining flexibility, scalability, and compliance with continuous integration and seamless feature deployment for enterprise financial institutions.
• MXevolve DevOps-driven solution that accelerates MX.3 innovation and upgrades and accelerates regulatory adoption at predictable cost while mitigating operational risk.
• XVA as a Service Multi-tenant SaaS for complex XVA calculations delivering precise trade-level exposure calculations, collateral projections, tailored funding logic, and effective management of total cost of XVA trading across asset classes.
• UaaS (User Access as a Service) Managed service offering for user access administration on Murex platforms.

Quantifiable outcome

• Achieved end-to-end process automation and reduced manual intervention for Aldermore Bank
• +4 more outcomes

Named customers13 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability8 records

Feature8 records

Partnerships

Six partnerships are on record, tiered core and strategic.

• Publicis SapientcoreImplementation/ SI/ Consulting Partner · 8 December 2025Publicis Sapient partnered with Murex on the landmark cloud-native treasury transformation for Aldermore Bank, the first of its kind in the U.K. market. Publicis Sapient blueprinted the target operating model, defined resilient SaaS architecture, and built an executable roadmap for Aldermore's treasury modernization.
• Amazon Web Services (AWS)coreTechnology or Integration · 29 September 2025Murex announced a strategic, multi-year, global AWS collaboration agreement in September 2025 to accelerate an ambitious managed services program. The partnership enables cloud-native delivery of MX.3 through AWS infrastructure, supporting digital transformation for financial institutions globally. National Bank of Canada has migrated to AWS using Murex.
• Amundi TechnologystrategicTechnology or Integration · 10 April 2025Amundi Technology partnered with Murex to provide integrated technology solutions for investment management operations.
• Quant NetworkstrategicTechnology or IntegrationMurex and Quant Network embedded tokenized deposits and digital bond settlement into capital markets infrastructure. Quant's programmable money platform combined with MX.3 integration gives financial institutions a production-ready pathway to digital asset operations.
• Microsoft AzurecoreTechnology or IntegrationMurex partners with Microsoft Azure alongside AWS to provide cloud-ready platforms and help Indian banks modernize trading and risk infrastructure.
• System Integrator PartnerscoreImplementation/ SI/ Consulting PartnerMurex has a global network of system integrator partners supporting implementation, including Publicis Sapient, Accenture, and others. Dedicated alliance managers define relevant strategies across all regions with the aim of long-term value creation.

Scale indicators8 records

Recent moves7 records

Expansion highlights9 records

Broad incumbents

• Oracle Financial Services Software: Oracle's banking and capital markets applications (FLEXCUBE, OFSAA) compete with parts of MX.3 — particularly in treasury, risk, and analytics for large banks.
• FIS (Capital Markets / Derivative Solutions): FIS provides enterprise capital markets and risk software alongside a much broader financial-services portfolio; its derivatives and trading solutions overlap with Murex in sell-side workflows.
• Temenos: Temenos is a large banking software provider covering retail, corporate, and treasury; its treasury and risk modules compete with MXGO and MX.3 for regional and digital banks.
• Bloomberg (Enterprise Services): Bloomberg's enterprise data, analytics, and EMS/workflow offerings overlap with portions of MX.3's pricing, analytics, and trading workflows across capital markets participants.
• Broadridge Financial Solutions: Broadridge operates post-trade, securities processing, and capital markets technology at scale; its buy-side and post-trade offerings compete with MX.3 modules for operations and collateral management.

Direct peers

• Finastra: Finastra offers capital markets, treasury, and risk software (e.g., Summit, Kondor, Opics) directly competing with Murex's MX.3 across trading, treasury, and post-trade workflows for global banks.
• Trading Technologies: Trading Technologies builds professional trading platforms for derivatives and futures, overlapping with Murex's cross-asset sales and trading capabilities at sell-side and proprietary trading firms.
• Charles River Development (State Street): Charles River provides an investment management platform covering portfolio management, trading, and risk that directly competes with Murex's MX.3 for Investment Management module among asset managers.
• ION Group (Calypso): ION's Calypso platform provides front-to-back trading and risk management for capital markets, directly comparable to MX.3 in cross-asset coverage at Tier 1 banks.

Emerging players

• Alveo: Alveo is a cloud-native data management specialist for financial market data, addressing the same consolidated market-data and risk-data challenges that motivate MX.3 integrations within capital markets IT stacks.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/murex
• Xx.com/work_at_murex
• Facebookfacebook.com/MurexFinancialSoftware

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Murex