Murex tech powers PZU implementation of new asset management system
08/04/2021 - 10:14am
Murex, a specialist in integrated investment management and processing solutions for capital markets, has partnered with PZU Group on the implementation of a platform solution to manage its investments and assets, as well as those of its customers.
Warsaw-based PZU is a leading financial institution and insurance provider in Poland and a major player in Central Europe. The newly executed, cross-asset front-to-back-to-risk portfolio management solution providing collateral and order management and important compliance and security features, is modelled on Murexs market-leading MX.3 platform. The implementation was successfully delivered through a strong governance framework and a well aligned, competent tri-party delivery model between DXC Luxoft, Murex and PZU.
The implementation provides PZU a consolidated, integrated, cohesive system. It ensures faster flow of information between departments involved in closed transaction processing and business process automation, better serving clients. The implementation will enhance error reduction.