Case Study: DZ BANK achieves accelerated digitalization and capital markets efficiency with Murex MX.3

DZ BANK Leverages Murex Partnership to Further Digitalization

DZ BANK, one of Germany’s leading financial services providers and the central institution of the Cooperative Financial Network, needed to further digitalize its treasury and capital markets infrastructure, replace legacy systems, and accelerate time-to-market for new products while managing high transaction volumes and complex collateral requirements. For over 30 years the bank has relied on Murex and its MX.3 platform as the core system across front-to-back trading, risk and post-trade operations.

Murex implemented and extended MX.3 — including MX.3 for Collateral Management, MX.3 Real-time Portfolio Management and the Indicative Price API — and supported DZ BANK’s move of development and test environments to Microsoft Azure. The deployment replaced legacy tools, automated collateral processing (about 1,400 collateral calls daily across 5,400 agreements), standardized real-time P&L and risk monitoring, and helped the bank manage nearly 8,000 trades per day and 700,000 live deals; as a result Murex’s solutions delivered improved margining, operational synergies, stronger risk controls and faster innovation and time-to-market.

DZ Bank

Uwe Jacobsen

Head of Capital Markets IT and Digital Platforms