NEW DELHI: Indian IT major Infosys on Tuesday said it has collaborated with German bank Commerzbank and Murex, which deals in trading, risk management and processing solutions for capital markets, for the successful "go-live" operation of a consolidated . , integrated trading platform.
The joint project enabled Commerzbank to consolidate FX, FX derivatives equities and commodities on Murex's integrated MX.3 platform, simplifying its operations, cutting costs, increasing time to market and preparing for future challenges Is.
According to the release, "Infosys today announced that it has collaborated with Commerzbank... and Murex... for the successful operation of a consolidated, integrated trading platform that streamlines the bank's business processes and IT landscape "
In fact, the consolidation on the integrated Murex platform enables the bank to accelerate its digital transformation journey by making system efficiency cost-effective.Within the project, Infosys supported Commerzbank in optimizing the use of Murex's comprehensive solutions and services and carried out development, integration, testing and migration, along with go-live and aftercare support.
With this partnership, Commerzbank saw significant improvements in its business operations.
It also helped simplify their technology landscape while reducing the cost of managing multiple servers and platforms, thus laying the foundation for business growth and scale.
Dennis Gada, executive vice president and global head of banking and finance services at Infosys, said the consolidation will enable Commerzbank to improve time to market, streamline operations, simplify the current technology landscape, promote standardization and ensure sustainable growth. Empowered to effectively manage regulatory change. ,
Gada said, “We are delighted to collaborate with Commerzbank on their digital transformation journey towards a unified Murex platform for multiple donkey classes."
The joint project enabled Commerzbank to consolidate FX, FX derivatives equities and commodities on Murex's integrated MX.3 platform, simplifying its operations, cutting costs, increasing time to market and preparing for future challenges Is.
According to the release, "Infosys today announced that it has collaborated with Commerzbank... and Murex... for the successful operation of a consolidated, integrated trading platform that streamlines the bank's business processes and IT landscape "
In fact, the consolidation on the integrated Murex platform enables the bank to accelerate its digital transformation journey by making system efficiency cost-effective.Within the project, Infosys supported Commerzbank in optimizing the use of Murex's comprehensive solutions and services and carried out development, integration, testing and migration, along with go-live and aftercare support.
With this partnership, Commerzbank saw significant improvements in its business operations.
It also helped simplify their technology landscape while reducing the cost of managing multiple servers and platforms, thus laying the foundation for business growth and scale.
Dennis Gada, executive vice president and global head of banking and finance services at Infosys, said the consolidation will enable Commerzbank to improve time to market, streamline operations, simplify the current technology landscape, promote standardization and ensure sustainable growth. Empowered to effectively manage regulatory change. ,
Gada said, “We are delighted to collaborate with Commerzbank on their digital transformation journey towards a unified Murex platform for multiple donkey classes."
