Poland’s Pekao picks Murex’s MX.3 for tech overhaul

Bank Pekao, Poland’s second largest bank and one of the largest financial institutions in Central and Eastern Europe, has selected Murex’s solution and plans to implement its MX.3 platform to optimize costs of the bank’s ongoing, comprehensive technological transformation.

Murex has accompanied Pekao on the transition to the unified integrating platform, slated to be delivered in 2022. The implementation covers front-to-back-to-risk, cross-assets. The platform also addresses collateral and hedge accounting along with accounting, and regulatory reporting for Fundamental Review of the Trading Book (FRTB) and Standardized Approach for Counterparty Credit Risk (SA-CCR).


Related Posts

Previous Post
Provable Markets achieves integration with FIS (Loanet) for processing on DTCC’s expected SFT CCP
Next Post
Reuters: ICI says SEC mutual fund swing pricing proposals could kill money funds

Fill out this field
Fill out this field
Please enter a valid email address.


Reset password

Create an account