Murex, the global leader in trading, risk and processing solutions for capital markets, is pleased to announce that its flexible MX.3 platform can now be connected with the Bloomberg Market Data Feed (B-PIPE) hosted on AWS in a matter of minutes. This latest innovation will provide Murex customers, who also use B-PIPE, with easy and quick access to Bloomberg’s reliable market data to configure, test and run MX.3.
For hundreds of financial institutions, the MX.3 platform sits at the heart of a large IT ecosystem where high-quality market data is key. As data providers embrace the cloud and offer managed services, an essential part of the Murex cloud journey is expanding out-of-the-box connectivity so that clients can fully benefit from the latest innovations.
Bloomberg’s B-PIPE provides financial firms with global connectivity to consolidated, normalized market data in real time. B-PIPE gives the front office access to Bloomberg’s composite tickers and market indices along with market data for 35 million instruments across all asset classes, including data aggregated from more than 330 exchanges and 5,000 contributors.
Commenting on the availability of B-PIPE data to Murex customers, Arnaud de Chavagnac, Head of Cloud Marketing at Murex, says “We are delighted to be innovating with Bloomberg on the cloud. The ability to install MX.3 and plug it with the B-PIPE feed on the cloud will bring significant savings in terms of both time and resources to our customers around the world”.
"Cloud adoption in the front office is reaching a tipping point as applications require reliable, cost efficient access to data," adds Cory Albert, Global Head of Cloud Strategy for Bloomberg's Enterprise Data business. "With easier access to B-PIPE's quality market data on the cloud, Murex clients can focus on generating value from data rather than installing and managing dedicated infrastructure."