Murex Integration SME

What you will do

The project aims to implement Murex as the strategic derivatives trading platform for client Aluminium business, covering Aluminium derivatives, Alumina derivatives and EUA futures used for financial carbon hedging. The program follows a two-phase delivery approach.

During Phase 1, Murex will be deployed as the Front Office trading, pricing, valuation, and position management platform while CTTS remains the system of record.

Phase 2 will establish the target-state operating model, making Murex the system of record and implementing downstream integrations with SAP, Quantum, FX Manager, EDMS and enterprise reporting platforms.

The implementation includes:

Murex platform deployment and configuration

Commodity derivative product setup

Market data integration with ZEMA

Trade execution integration with Broadridge

Transitional CTTS integration

Data migration and reconciliation

Front Office go-live support

Phase 2 accounting and operational rollout

Enterprise integration architecture delivery

System, integration, UAT and performance testing

Production deployment and hypercare support

Integration Architecture

• Design the end-to-end Murex integration architecture using MXML Exchange
• Define interface design standards and integration patterns.
• Ensure scalability and maintainability of all interfaces.
• Drive architecture decisions across Phase 1 and Phase 2

Data & Reconciliation

• Define interface mapping specifications.
• Establish reconciliation controls and monitoring processes.
• Design exception management procedures.
• Support migration and data validation activities.

Requirements

MUST

• 10+ years Murex integration experience.
• Deep expertise with MxML Exchange and Murex integration frameworks.
• Extensive experience with MX.3 Integration Hub.
• Experience integrating Murex with trading, risk, accounting and treasury platforms.
• Strong knowledge of message-based and API-based integration patterns.
• Experience with market data integration platforms including ZEMA.
• Strong XML, JSON and data mapping expertise.
• Experience designing reconciliation and exception-management frameworks.
• Understanding of enterprise integration architecture and middleware solutions.
• Experience delivering complex migration and system-of-record transition programmes.
• Strong SQL, Oracle and data analysis capabilities.

NICE TO HAVE

Agile

Commodities