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Excelian delivers a greenfield credit risk system for a newly formed UK banking entity

July 28, 2014

Excelian is pleased to announce that it successfully delivered a greenfield credit risk system for a newly formed UK banking entity. The system, part of Murex's market leading MX.3 platform, has been deployed as part of a new and fully integrated front and back office trading platform for Money Market, IRD (Interest Rate Derivative) and Fixed Income asset classes.

"There are very few consulting companies that could give the client the level of business, technology and application knowledge they needed," says Richard Haywood, a Principal Consultant for Excelian. "Excelian are widely recognised as market leaders for the implementation of Murex and other Risk Management technology, and our project team were able to work closely with the banks business users and IT teams to ensure the bank got to market in the minimum possible timeframe."

The project, which began in September 2013, was faced with a highly aggressive time frame, but the entire platform was implemented on schedule within its original 8 month deadline and currently provides detailed limit checking through nine different credit risk measures.


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Source: M2 PressWIRE

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