SkySparc Strengthens Middle East Presence with New Dubai-based Entity

Greenfield Murex Commodities Implementation

Delivering a full-scale commodities migration and platform consolidation

The challenge

Context

A global investment bank initiated a strategic programme to modernise its commodities trading landscape by decommissioning two legacy trading systems, Brady and Adaptiv. The objective was to migrate Precious and Base Metals trading into Murex across Front and Middle Office, while continuing to integrate with an existing back-office platform.

Following a two-month proof of concept, the programme received board approval for a full greenfield Murex Commodities implementation, forming a key part of a wider platform consolidation initiative.

What SkySparc Delivered

SkySparc established and led the delivery structure for the programme, deploying a senior management team comprising a Programme Director, Operations Manager, PMO, and Finance Manager. This team defined the delivery model, governance, and execution approach for the greenfield implementation.

As the programme progressed, the delivery team expanded to more than 30 specialists across multiple business and technology functions. In parallel with the commodities implementation, SkySparc coordinated a platform-wide Murex binary migration and aligned operational consolidation activities with the broader transformation roadmap.

Execution Highlights

  • Delivered a greenfield Murex Commodities implementation following a successful proof of concept
  • Decommissioned legacy commodities trading platforms and migrated Precious and Base Metals into Murex
  • Coordinated the commodities build alongside a full-stack Murex binary migration
  • Integrated operational consolidation initiatives into the overall programme plan
  • Worked closely with client stakeholders across Front, Middle, and Back Office functions

Operational Results

  • Precious and Base Metals trading successfully migrated into the Murex platform
  • Legacy trading systems decommissioned as part of a controlled transition
  • Greenfield implementation delivered as a cornerstone of a broader Murex platform consolidation
  • Client established a scalable and modern commodities trading architecture within Murex

The solution

The result

Industry