Murex Integrates Platform Symphony grid computing solution
TORONTO, ON – December 20, 2005 –Platform Computing, the world’s largest grid computing software provider, and Murex, a leading provider of cross-asset trading, risk management and processing solutions, today announced a technology partnership that will allow common customers to significantly improve the efficiency of complex risk calculation models. Through the integration of Platform Symphony, Murex will be able to offer customers broad compatibility for grid environments, lowering latency and overhead, while increasing overall efficiency in pricing calculation restitution. The announcement marks a collaboration agreement between two leaders in their respective space, combining to offer a best-of-breed of grid computing solution for the financial services market.
"Platform’s grid system provides common customers the ability to better run their complex valuation and risk management models, by providing the underlying foundation needed to create a scalable IT infrastructure that promotes the efficient use of all resources," said Maroun Eddé, Managing Partner of Murex.
Chris Purpura, vice president of new ventures and alliances at Platform Computing added, "We share a number of customers with Murex and look forward to enabling those customers to improve performance of their pricing systems. This relationship also introduces us to many new companies around the world that would benefit from the power of grid computing technology."
About Platform Computing
Platform Computing, the global leader in grid computing solutions, helps enterprises accelerate key business applications, reduce operational and capital costs, guarantee service levels and optimize their IT resources. Platform’s integrated desktop and enterprise grid software solutions are used by over 1,700 customers worldwide in the financial services, government, industrial manufacturing, electronics and life science industries to deliver higher quality products and services, improve business performance and maximize the return on IT investments. Founded in 1992, Platform has strategic relationships with Apple, Dell, HP, IBM, Intel, SAS and SGI, and the Industry’s broadest application integration support. More information about Platform can be found at www.platform.com
About MUREX
With over 200 sites worldwide, Murex has developed a leading competence in the design and implementation of integrated and cost effective software solutions to support the entire trading, risk management and processing cycles of credit derivatives, interest rates, foreign exchange, equity and commodity instruments. The Murex innovative solution delivers superior power and flexibility from high volume trading to exotic product structuring. A team of over 500 specialists, located in Europe, Asia and America, are dedicated to providing clients with the best support in the industry. For more information, please visit www.murex.com

