Case Study: UniCredit achieves a standardized global front-to-back markets platform with Murex

Murex enables Unicredit to extend its global IT landscape

UniCredit, the pan‑European banking group formed through multiple mergers, faced a fragmented IT landscape across treasury and investment‑banking entities in nine countries and needed a single, standards‑based front‑to‑back platform to support product development, risk, accounting and evolving regulatory requirements. To meet the EuroMIB programme goals and a tight deadline to extend the platform to Bank Austria and Central & Eastern Europe, UniCredit selected Murex (MX.3 and the Murex Limit Controller module) to replace disparate legacy systems and to integrate with its in‑house counterparty credit risk models.

Working in partnership with UniCredit Business Integrated Solutions, Murex implemented a cross‑country “big bang” migration (staged by asset class) that replaced two third‑party systems with the MX.3 platform and added Murex Limit Controller for intraday limits. The coordinated go‑live covered nine countries, involved a 450‑person migration weekend and delivered an operational platform from day one handling pricing, risk, accounting, collateral and regulatory reporting. The Murex solution now supports over 600 simultaneous users, standardises processes group‑wide, shortens time‑to‑market, improves operational efficiency and helps UniCredit meet EMIR and Basel III‑related requirements.

UniCredit

Artur Gruca

Global Head of Trading & Treasury IT