Abanca Portugal has successfully deployed MX.3, the fully integrated front-to-back-to-risk platform provided by Murex. This implementation follows the bank’s recent acquisition of EuroBic (formerly Banco BIC) and marks a significant step in the firm’s strategic expansion across the Iberian region. The transition to a unified infrastructure allows the institution to replace fragmented legacy systems with a modern, scalable solution for its capital markets operations.
The MX.3 platform enables Abanca Portugal to manage the entire trade life cycle within a single system. Its capabilities cover pricing, trading, middle-office workflows, and back-office processing, alongside collateral management and market and credit risk assessment. By consolidating these functions, the bank aims to improve operational efficiency, strengthen internal risk controls, and reduce the time required to bring new products to market across various asset classes.
Murex has highlighted that this go-live reinforces its presence in the Portuguese market. For Abanca, the platform serves as a technological cornerstone designed to support long-term growth and regulatory compliance. The collaboration ensures that the bank’s Portuguese operations are now equipped with the same technology used to elevate risk and operational performance throughout the wider Abanca Corporación Bancaria group.
Subscribe to our newsletter
