Krungsri: Selects Murex for IT overhaul

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Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.
  • Murex pleased to announce that Krungsri (Bank of Ayudhya PCL), the fifth-largest bank in Thailand
  • MUFG is Japan’s largest financial group and also one of the world’s largest and most diversified financial organizations
  • Krungsri benefits from MUFG’s global network along with its own decades of local expertise
  • Krungsri decided to simplify its Global Markets Group’s IT infrastructure, starting with FX cash, money market
  • According to stakeholders across the collaboration, this was an important milestone of the integration and rationalization plan
  • Krungsri is now seamlessly managing higher trading volumes and also rapidly scaling to meet ambitious expansion plans
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