Murex Consultant Interview Questions and Answers

Forwards are customized contracts between two parties while futures are standardized contracts traded on exchanges.

• Forwards are traded over-the-counter while futures are traded on exchanges

• Forwards are customizable in terms of contract size, delivery date, and delivery location while futures are standardized

• Forwards have higher counterparty risk while futures have lower counterparty risk due to the involvement of a clearinghouse

• Forwards require a higher initial investment whi...read more

Murex front end office is a user interface for traders to manage trades and risk in real-time.

• Provides real-time market data and analytics

• Allows traders to execute trades and manage risk

• Customizable user interface to fit specific needs

• Integrates with other Murex modules such as back office and risk management

• Examples: Murex MX.3, Murex Mx.2

Workflows in Murex are a series of steps that automate business processes.

• Workflows can be used to automate trade processing, risk management, and settlement processes.

• They can be customized to fit the specific needs of a business.

• Workflows can be triggered by events such as trade creation or modification.

• They can also be used to send notifications and alerts to users.

• Murex provides a graphical interface for designing and managing workflows.

Yes, I have been involved in binary upgrade testing of Murex.

• I have experience in testing Murex upgrades from version 2.11 to 3.1

• I have worked on testing the compatibility of Murex with different operating systems and databases

• I have also tested the integration of Murex with other systems such as Bloomberg and Reuters

• I have experience in creating test cases, executing tests, and reporting defects

• I am familiar with Murex testing tools such as MXTest and MXVerify

MXML is a markup language used for defining user interfaces in Adobe Flex applications.

• MXML stands for 'Flex Markup Language'

• It is an XML-based language

• Used for defining UI components and layouts in Flex applications

• Can be used with ActionScript to create dynamic and interactive applications

A binary upgrade is a software upgrade that involves replacing the existing version with a new version without changing the data format or structure.

• Binary upgrades are typically faster and easier to implement compared to non-binary upgrades.

• They are commonly used in software applications to ensure compatibility with existing data and configurations.

• An example of a binary upgrade is updating a software application from version 1.0 to version 2.0 without requiring any changes ...read more