The project aims to implement Murex as the strategic derivatives trading platform for 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
