Big data and cloud computing are banks' next tech challenges
French outfit Murex has evolved its product offering in tandem with the derivatives market it supports. This part of our 'Firms of the Future' series looks at why big data and cloud computing are the next key developments
There are myriad origins of technology firms serving the derivatives markets: some companies found their way into financial modelling after starting out in hardware while others saw an opportunity to grow existing franchises focused on the cash sector. But Murex has specialised in derivatives since it was formed in Paris in 1986, to support an as-then nascent market.
Over the years it has extended its coverage of asset classes and supported the emerging discipline of risk management to create a
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