What is Murex

Understand what is murex! Software technologies are growing with great velocity and have great flexibility to handle complex business workflows. As a result, many organizations are getting enabled to build amazing software tools to automate a complex business process like Enterprise resource management tools like ERP, SaaS, many tools for hotel management like Birch Street Systems, many tools for accounting and finance like Oracle Finance (HCM), etc.

Although the electronics platform gives new heights to the trading industry (Investment Banking). It is one of the best tools to manage end-to-end Trade Life cycles and adopted by World leading Banks like ANZ, NatWest, JP Morgan, HSBC, Citibank, ICICI, Standard Chartered Banks, etc.

Murex Introduction

Murex is Java Applet based tool that provides a user-friendly screen to manage Front office Activities, Middle office activities, and Back Office activities. Moreover, it’s used for Counterparty data set up (Static data set up), pre-trade booking validation, Middle office validation, exchange acknowledgment, trade settlement and clearing, user management, market data sync up, market risk calculation( VAR calculation- Value at Risk Calculations), MLC ( Murex Limit Controllers), Reporting, etc.

It also gives the tool MxTest(Onyx) to automate its tasks like trade insertion( e-tradepad insertion), OSP(One-time processing), workflows automation, and reporting. MxTest has predefined blocks for each test case and automation developers need to configure as per their test case.

Murex - End to End solution for Capital Markets
Murex – End to End solution for Capital Markets

Murex Functions

Its Mx3 platform gives flexibility to financial institutions to manage Capital Markets. It helps to manage:

  1. Trading
  2. Risk Management
  3. Collateral
  4. Operations
  5. Investment Management           
  6. Treasury

Murex Features

It has the following features:

  1. Platform: It builds on a client-server model so easily extendable across platforms.
  2. Connectivity:  Banking institutions provide different interfaces to book trades (like Bloomberg, Wallmart, VCON, Loan IQ, etc). It is very flexible and integrates with external interfaces.
  3. Performance: It is a highly scalable and efficient performance tool.

Ways to Learn Murex:

It is a licensed-based tool so to learn it you have two options first option is either you employed directly by it or join an organization that is working on it. But if both options are not available then you can learn the following topics which help you get opportunities:

  1. Build strong expertise on Capital Market Products and trade life cycle.
  2. Learn deeply about XML and Java
  3. Be the expert on SQL and Unix
  4. Collect financial learning certificates
Tools and Technologies involved in Murex System
Tools and Technologies involved in its System

Job Opportunities in Murex

All things considered, as it is widely used by World leading financial institutions Murex has bulk job opportunities in Murex Developer, MXML Developer, Business Analyst, Data Analyst, DataMart Engineer, MxTest (Onyx) Professions (Automation Professional, Functional Tester, and Performance Tester.

After all, to get an opportunity on Murex check career sections of world-leading banking institutions, capital market firms, and service-based IT Companies like Accenture, Sapient, HCL, TCS, Infosys, Virtusa, etc. Also many job-oriented sites LinkedIn, Naukri, Indeed, CareerBuilder and Ladders, etc.

In conclusion, hope this article helps you to know about Murex, its features, technologies involved, and job opportunities available on it. Please feel free to contact us at thoughtcoders@hotmail.com or WhatsApp on +919555902032. Also, you can refer to our other blogs on Java, SQL, and Selenium.


Ed Cawsey July 7, 2021

Don’t forget Synechron – the first ever Murex Alliance partner and a huge successful Systems Integrator.
You can contact me directly if your interested in our Murex Academy – but you must have skills in Java, SQL and a hunger to learn financial instruments such as Bonds, Swaps, Options and Futures.
It is a very rewarding career path and Synechron is a brilliant employer.

Siddhrajsinh April 15, 2022

Hi Ed,
I have onboarded synechron for murex but training getting delayed, can you help learn in with some material if you are having anything.

Thanks in advance ☺️

Neeraj Maheshwari October 11, 2022

Hi, I have experience in SQL, JAVA, Test Automation, Business Analysis and working in the Capital Market domain l want to learn Murex, can you please help me?

shiv October 6, 2023

Iam murex trainer u can mail me ur contact i will give u demo on all the tpoics i will cover den u can decide


Write A Comment