Case Study: Krungsri (Bank of Ayudhya) achieves rapid scaling and 10x faster end-of-day processing with Murex (MX.3)

Krungsri (Bank of Ayudhya) embarks on long-term Murex partnership to manage higher volumes and rapidly scale

Krungsri (Bank of Ayudhya), the fifth-largest bank in Thailand, needed to replace legacy global markets systems for fixed income, foreign exchange and money markets with a unified front-to-back-to-risk platform to manage higher trading volumes, rapidly scale for expansion and simplify complex interfaces with MUFG. After competitive due diligence Krungsri selected Murex and its MX.3 platform to deliver the re-platforming and support a long-term partnership.

Murex implemented MX.3 as an integrated front-to-back-to-risk solution, working with Krungsri and MUFG to automate trade workflows, confirmations and validations and to consolidate valuation and reporting across more than 170 users. The deployment cut end-of-day processing time by a factor of 10, raised STP rates, eliminated many manual interventions, improved operational resilience (supporting split-site and remote work) and accelerated product time-to-market — underscoring the measurable business impact delivered by Murex.

Krungsri

Tak Bunnag

Head of Global Markets Group