Excelian Completes Lloyds Murex Upgrade
Excelian has announced the successful migration of Lloyds Banking Group onto the Murex Limits Controller (MLC) platform.
Lloyds will use the upgraded software for its foreign exchange, money market and commodities businesses, among others. The adjustment has had a marked effect on latency in pre-deal limit check functionality, reducing time from one second to 55 milliseconds in support of trade volume growth.
"Excelian performed an integral role in moving LBG from MLC version 1.5.4 to 1.6.9, including a Sybase upgrade from version 12.5 to 15," says Chris Leyland, head of technology, risk IT at Lloyds. "This was a complex upgrade and Excelian's commitment to the project throughout, combined with their specialist expertise ensured the smooth and successful delivery of the latest Murex MLC platform which is integrated within the MX 3.1 architecture."
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