Sapient Global Markets, a division of Sapient (NASDAQ: SAPE), and leading global provider of business technology and consulting services for the capital and commodity markets, today announced it has been awarded Alliance Partner status, the highest of three levels, under the Murex Partnership Program.
The Murex Partnership Program is a global network of trusted integration partners who have developed significant expertise in Murex solutions for capital and commodity market participants.
Alliance Partner status recognizes Sapient Global Markets' experience in developing and delivering business and technology services for companies operating in the financial and commodity markets, and the successful implementation of Murex-based projects across North America and Europe using its proven Globally Distributed Delivery (GDD) Model. Through Sapient Global Markets' expertise, and proven Murex capabilities, clients benefit from enhanced solution design, implementation and testing, and delivering cross asset risk management capabilities at a lower Total Cost of Ownership (TCO).
"As financial institutions and energy firms face a period of unprecedented change, many turn to trusted providers to provide expertise in trading, risk management and processing solutions," said Chip Register, Managing Director of Sapient Global Markets. "As an Alliance Partner, we work collaboratively with joint clients to ensure the rapid implementation of Murex's high performance technology solutions. We've already seen great results from our close relationship, such as the recent project at Norwegian renewable energy firm Statkraft."
"Today we are glad to welcome Sapient Global Markets as a top tier partner, further increasing our ability to position MX.3 as the cornerstone platform for capital and energy markets. Having invested to build and develop its Murex practice, partners such as Sapient Global Markets are essential to support the successful roll-out and operational support of MX.3, our unique cross-asset Front-To-Back-To-Risk integrated platform," added Eric Rosso, Global Head of Customer Delivery Services at Murex.