LARGE SCALE MUREX IMPLEMENTATION AND TRANSFORMATION PROJECTS

Capco has successfully implemented large-scale Murex projects around the globe for a number of years. Capco´s IT transformation drives the design and delivery of value-oriented transformations by taking an end-to-end approach to achieve measurable improvements in efficiency, effectiveness and stakeholder satisfaction.

Capco’s approach addresses missing change management capabilities, missing management of responsibilities and ownership coordination, as well as low cost-effectiveness in development and testing phases.

What we offer to run a successful Murex transformation project:

Project management: Management consulting including project conception and initiation, project definition and planning, compromising of scoping, effort estimations and budgeting, risk and issue management, milestone tracking, project execution and monitoring as well as project closure.
Project governance: Setup of a client-tailored governance structure including business departments, architecture decision board, project infrastructure and project management office.
Architecture board: Consists of architects at different levels (enterprise, technical and solution architects) designing and supporting greenfield implementations, complex technology transformations, upgrade and migration across all business areas.
Functional support: Support business departments in taking decisions related to functional topics across all areas including: front office, back office, risk control, finance & accounting and others.
Configurations: Implementation of end-to-end Murex functionalities which include GOM (global operating model), E-tradepads, simulations, pre- and post-trade workflows, reporting and datamart architecture and setup, interfaces (batch and MxML), payments, enterprise risk management (MLC and VAR), accounting module, reconciliation and test setup.

Application maintenance:

Release management: The process ensures the bundling of changes and their proper implementation in the infrastructure.
Test management: We set test scopes and provide tailored test plans that include the definition of quality gates. We also steer the testing process from system tests to user acceptance tests, by offering centralized defect management that includes reporting throughout the whole testing lifecycle.
End-of-day stabilization: Putting several procedures in place, including regular health checks of existing purge processes, and setting up a task force that tackles urgent issues in a structured way.

Positioned at the intersection of business and technology, we help our customers gain measurable benefits that transcend cost-cutting, to deliver a true execution advantage with simpler and more flexible responses.

Contact murex@capco.com to learn how we can help you deliver Murex-powered transformation initiatives.

MUREX TOTAL COST OF OWNERSHIP: THE FACTORY APPROACH

With trading architecture consolidations well under way, many clients are facing the challenge of increasing liability of ownership as a highly-integrated core application for trading and treasury operations. The high cost of implementing Murex change requests, and increased time to production or low stability of environments, requires careful consideration and expertise.
BINARY UPGRADE OFFERING

Increasingly, our clients need to perform binary upgrade projects faster and in higher frequencies, in order to implement new functionalities and fix existing software issues. Harnessing the power of modern technology solutions is key to ensuring reduced costs.
SOLARIS REPLACEMENT/LINUX MIGRATION

Solaris will no longer be supported by all Murex binary versions (3.1.39 or above). A structural change of such magnitude will boost the next migration project’s costs and enhance its complexity.
END-OF-DAY STABILIZATION

Every migration project involves fundamental changes to existing Murex instances. These changes bring additional requirements to the end-of-day processing and operational clock, which have to be fundamentally re-engineered to keep up (and of course, remain stable) in the migration aftermath. To reach that goal, numerous challenges, including an ever-growing number of transactions (both due to natural and unnatural factors) and ever-rising load of upon the night-processing arise.
MXTEST

Testing equates for a significant amount of project costs. This makes efficient testing a critical success factor - ensuring high quality and cost-effective implementations and upgrades. The main challenges in testing are cost inefficiency, decentralization and limited coordination of the company’s testing framework.
MUREX IN THE CLOUD

The way IT services and software are delivered has drastically changed in recent years. Murex is widely considered an on-premise solution and not as a software as a service (SaaS system). However, to unlock hidden potential in the provision of Murex, we strongly recommend utilizing the power of Cloud for your Murex environments.