Infosys to Transform Commerzbank’s Trading Ecosystem

Bengaluru, India – May 28, 2024: Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, announced a successful collaboration with Commerzbank, a leading German bank, and Murex, a global leader in trading, risk management, and processing solutions for capital markets. This joint initiative led to the go-live of a consolidated trading platform that streamlines Commerzbank’s business processes and IT infrastructure.

The project involved integrating FX, FX derivatives, equity, and commodities onto Murex’s integrated MX.3 platform. This consolidation simplifies operations, reduces costs, accelerates time to market, and prepares Commerzbank for future challenges.

Infosys played a crucial role in optimizing the utilization of Murex’s comprehensive suite of solutions and services. The team supported Commerzbank in the development, integration, testing, migration, go-live, and aftercare phases of the project. The collaboration resulted in significant improvements in Commerzbank’s trading operations, enhancing efficiency and scalability while simplifying the bank’s technology landscape and reducing the costs associated with managing multiple servers and platforms.

Key Outcomes of the Collaboration:

1. Consolidation of Trading Platforms: Integration of multiple trading platforms onto Murex’s MX.3, enabling streamlined operations and improved efficiency.
2. Cost Reduction: Simplification of the technology landscape reduces the costs of managing diverse servers and platforms.
3. Enhanced Efficiency: Optimization of business processes and IT infrastructure leads to faster time to market and preparedness for future challenges.
4. Support from Infosys: Comprehensive support from Infosys in development, integration, testing, migration, and post-go-live phases ensures smooth operation and continuous improvement.

Commenting on the collaboration, Infosys highlighted the importance of such partnerships in driving innovation and operational excellence in the financial services sector. This initiative marks a significant milestone in Commerzbank’s journey towards achieving a more unified and efficient trading environment, positioning it for sustained business growth and scalability.

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