Caisse des Dépôts chooses Murex for its asset management
French state-backed financial investor Caisse des Dépôts (CDC) has chosen Murex’s MX.3 platform to support its asset management system from front to back office.
The two-century old company, which addresses the general interests and economic development in France, hopes Murex will improve risk management and efficiency, as well as control IT costs.
CDC is also launching a €100 million programme to drive fintech growth
Murex addresses all the latest regulatory challenges, meeting local and international market standards for big financial institutions.
“We are delighted to be working with CDC, providing them with the technology and support to meet their evolving needs,” says Murex partner, Jean Gabriel Edde.
He adds: “A strong partnership has developed during this project and we look forward to collaborating closely with the team at CDC on the next steps of their IT transformation journey.”
The portfolio management tool, MX.3, pulls together every part of asset management business into one, holistic system, acting as an enterprise-wide market data for reference point which can be validated and distributed.
In other recent news, CDC is launching a €100 million programme to drive growth in high-tech small and medium-size companies, Reuters reports.
Along with European stock-exchange operator Euronext, which is creating new index Euronext Tech Croissance, CDC wants to raise the international profile of French start-ups and keep the market active.
