About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Briefs

Boubyan Bank Adopts Murex’s MX.3 for Sharia-Compliant Treasury Operations via MXGO

Subscribe to our newsletter

Boubyan Bank, a prominent Islamic financial institution based in Kuwait, is adopting Murex’s MX.3 for Islamic Finance to facilitate its Sharia-compliant treasury operations using MXGO, a customisable treasury and trading solution, designed by Murex, that caters to rapidly expanding local banks. MXGO can be delivered on-premises, on the cloud or as a fully managed SaaS solution, with the capacity to expedite delivery and reduce the total cost of ownership.

The MX.3 platform will provide a front-to-back-to-risk solution to expedite the delivery of new products to clients, including FX spot, forward Waad, FX swap, profit rate swaps, cross currency swaps and sukuks. The scope also includes collateral management, value at risk, accounting and hedge accounting.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Unlock the Future of European Equities & Trading Technology: 2024 and Beyond!

In a world where the financial landscape is perpetually evolving, 2023 has brought widespread discussions around liquidity, regulatory shifts in the EU and UK, and advancements like the consolidated tape in Europe. For the year ahead in 2024, the European market is poised for transformative changes that will influence the future of trading technology and...

BLOG

Best Practice Approaches to Trade Surveillance for Market Abuse

Market abuse is a problem, a very big problem for financial institutions that fall on the wrong side of regulation. Penalties include eye-watering fines, reputational damage and, ultimately, custodial sentences of up to 10 years. Internally, market abuse triggers scrutiny of traders and trading behaviours, a lack of trust and the potential need for significant...

EVENT

Data Management Summit London

Now in its 14th year, the Data Management Summit (DMS) in London brings together the European capital markets enterprise data management community, to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

Fatca – Getting to Grips with the Challenge Ahead

The industry breathed a sigh of relief when the deadline for reporting under the US Foreign Account Tax Compliance Act (Fatca) was pushed back to July 1, 2014. But what’s starting to look like perhaps the most significant regulation of the next 12 months may start to impact our marketplace sooner than we think, especially...