World Bank picks Murex for treasury
World Bank has chosen Murex, provider of trading, risk and back-office solutions for treasury and capital markets as a platform to support its treasury activities.
Following a competitive selection process, Murex’s platform was selected to update and replace the bank’s existing systems. It is understood to be replacing Finastra’s FusionCapital Summit treasury and capital management system.
The Murex platform will be used by the treasury, finance and liquidity teams at the World Bank to streamline key processes from front to back office.
“We are honoured to have been selected by the World Bank to support their treasury activities. Having the right technology is key to future-proofing your business in a changing world,” says Edouard Balliere, head of sales at Murex Americas.
With this upgrade, the World Bank hopes to be able to innovate to serve its clients’ growing needs.