Friday, June 10, 2011

Capgemini and Murex Sign an International Partnership in the Capital Markets Segment

Capgemini, one of the world's foremost providers of consulting, technology and outsourcing services, through its Financial Services global business unit, and MUREX, leader in the global market for software development in front, middle, back-office and capital markets risk management, have signed a global partnership.

This responds to a sharply increasing demand from financial institutions for the industrialization and package development 1 of their IT systems. With revenues of more than EUR1.6 billion in the financial services sector, and over 17,000 experts worldwide, Capgemini is pursuing its development strategy in capital markets activities through partnerships with the major editors. This global agreement positions Capgemini as a reference integrator in financial package services. It provides a significant enhancement of the technical and functional skills for Capgemini consultants, in the Murex package suite. An intensive academic and practical training program lasting several weeks, and focusing particularly on back-office, reporting and data migration, has already been launched.

"Capgemini employs over 3,000 professionals specifically dedicated to financial markets. This new partnership with Murex, a player internationally recognized for the quality of its platform and its expertise, demonstrates our willingness to accelerate our growth in this segment. It will enable us to better respond to the increasing demand from our clients for package integration projects, which are an integral part of their pursuit of greater efficiency, cost reduction, and a greater ability to develop their business," says Aiman Ezzat, Head of Capgemini's Financial Services global business unit.

"The implementation strategy of Murex products is centered around certified partnerships. In this regard, Capgemini is an international player, very present in the financial arena, and recognized in the areas of package integration, project management, upgrades, testing, and migration. Their expertise in these domains is a firm asset which will significantly contribute to our constant pursuit of quality and competitiveness in implementing our platforms for clients, " says Nasri Bejani, Head of Client Services Operations at Murex.

About Capgemini

Capgemini, one of the world's foremost providers of consulting, technology and outsourcing services, enables its clients to transform and perform through technologies. Capgemini provides its clients with insights and capabilities that boost their freedom to achieve superior results through a unique way of working, the Collaborative Business Experience(TM) . The Group relies on its global delivery model called Rightshore , which aims to get the right balance of the best talent from multiple locations, working as one team to create and deliver the optimum solution for clients. Present in 40 countries, Capgemini reported 2010 global revenues of EUR 8.7 billion and employs over 112,000 people worldwide.

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