MX.3 simplifies post-trade with all products, from high-volume FX cash to complex over-the-counter derivatives, managed on a robust, single platform. On top of these implementation challenges which focus on the daily calculation and processing of IM calls, back-testing and benchmarking requires dedicated attention as part of the model validation exercise. Experience of front to back/risk trade lifecycle, trade workflow, business functionality. Central management enables consistent and efficient monitoring of intraday limit usage. With 300 clients and 57,000 users spread across 60 countries around the world, Murex has a truly international client base of capital markets participants. You are part of a cross technical and functional agile team, where you . With 300 clients and 57,000 users spread across 60 countries around the world, Murex has a truly international client base of capital markets participants. Risk control can monitor the SA-CCR in addition to the existing CEM framework in a single system. Refocus and expand business. Murex provides enterprise-wide, cross-asset financial technology solutions. It highlights the need for collateral management systems to: Extend the VM process to IM, including the ability to process in real-time margin calls on an electronic messaging platform such as Acadiasoft Marghinsphere. Limits can be temporarily increased, or the limit line can be reallocated across business units and desks. MX.3 functional coverage meets them. Data quality enrichment done for SIMM benefits FRTB-SA. The solution supports full management of limit excesses, whether caused by intraday activity or end-of-day batch. MX.3 empowers funding and issuance desks to run their short- and long-term funding activities. A cloud-friendly enterprise risk platform that covers cross-regulation requirements simplifies and speeds up compliance and reduces total cost. [1] Murex was founded in 1986 in Paris by Laurent Nel and Salim Edde, who were soon followed by Salim's three brothers and his brother-in-law. Risk management. Many banks deploy Murex's third generation platform MX.3 to manage risk, accelerate transformation, and simplify compliance, all while driving revenue growth. It automates and controls the banks value chain. I took part in the regulatory (eg. Optimize High-quality liquid asset (HQLA) buffers and unlock investment opportunities. The solution also supports the computation and transfer of funding valuation adjustment (FVA) for derivatives transactions. It offers a wide integration capability that enables a smooth fit within existing IT landscapes. Independent market data and models support an Independent Price Verification (IPV) framework. We have helped our clients overcome these challenges. MX.3 is the integrating capital markets platform Discover MX.3 Sales and trading Close the gap between front office, risk, operations and finance with MX.3 advanced analytics and leading product coverage. Sensitivity generation requires the ability to project and compute sensitivities across various predefined risk factors (rates, credit, fx, equity and commodities). Regardless of whether MX.3 is used as an end-to-end enterprise solution or a building block, its integration capabilities enable straightforward integration into an existing system landscape. It has been an impressive journey with Murex as they continued to invest in all parts of their MX.3 platform, not just the front-office piece for which we originally used them. MX.3 offers a multi-GAAP, multi-entity and multi-currency accounting ledger for trades and positions across derivatives and cash instruments. de 2019 - feb. de 2020. Based on a modern technology stack, the solution supports several deployment models, such as cloudAmazon Web Service and Microsoft Azureon-premises or with managed service in SaaS. The risk controller benefits from real-time position insights with the ability to take effective actions immediately. Connect with key tri-party agents to get collateral allocated. cross-currency swaps). Murex provides integrated trading, risk management and processing solutions for banks, asset managers, hedge funds, corporations and energy utilities. Ensure financial resilience. While the VM process is mostly a cash-based bilateral process, IM is security-based, and involves a third-party. MX.3 offers a genuine end-to-end trade life cycle management with a high-performing straight-trough processing (STP) framework. This. Project in Murex SAS Paris, in Client Services Department Stream Lead of Enterprise Risk Management - Support to client requests on risk modules: Market Risk, Credit Risk, Risk Control and. Trade level CVA and FVA can be allocated to the proper unit of account. The SA-CCR solution includes necessary documents to reduce documentation efforts for clients. Accenture has been helping Murex clients transform their front, middle and back office operations and risk management functions, including collateral management and treasury operations, for more than 20 years. Manages report preparers, control and governance process Securitization and Equity RWA Manager - Basel III Director (Regulatory Reporting) Manages team of SMEs through quarterly and monthly. It enables compliance with Accounting Standards Committee topic 820 and the International Financial Reporting Standards (IFRS) 13. Monitor exposure in real time and pre-deal. MX.3 achieves Fundamental Review of the Trading Book (FRTB) compliance. This is a challenging task because of the variety of products that needs to be covered and validated, and it requires trading and risk platforms to: Represent and model key collateral data from the CSA agreements, such as scope of product and applicable jurisdictions. Have handson work experience of Java, Spring, ORacle and Sybase db. Murex is a long-term partner as it supports firms on their journey toward compliance and beyond to optimize processes and best practices. It facilitates compliance with the latest regulatory requirements and unlocks a fast time to market to cope with new demands. We have detailed how complex such a project is. The complexity of these risks leads to ever-more-intensive computational needs, which require enterprise risk management software. MX.3 addresses two main principles. Used by more than 200 customers across all tiers, MX.3 offers end-to-end enterprise-wide and cross-asset solutions covering over 300 payoffs. MUREX MX.3 software handles all aspects of derivatives and cash management trading and processing for Banks, Buy Side, Clearing CCP's, Energies, and Corporates. de 2016 - jun. de 2016. It brings risk figure consistency across regulatory solutions, such as CVA capital charge, counterparty credit risk risk-weighted assets (RWA), central counterparty (CCP) charge, large exposure reporting or leverage ratio. Collateral pay-off function : - Risk-free value of the collateralized portfolio at the re-margining date - Thresholds, Minimum Transfer Amount, Independent amounts, rounding rules - Outstanding balance - Haircuts applicable to the collateral asset Copyright 2011 Murex S.A.S. To serve large and complex computations, MX.3 provides a proprietary grid or can be integrated with the IBM Symphony grid, and supports both CPU and GPU engines. Optimize profitability and risk management of your lending activity, manage your liabilities funding cost and trading cost of funds. From their day-to-day screen, end users can slice and dice and drill down to the finest calculation inputs, such as trades parameters, legal agreement in addition to other reference data. Build an overall strategy for regulatory compliance and internal risk management. MX.3 provides enterprise solutions that allow banks to control market, credit, and liquidity risk for internal and regulatory compliance. Murex delivers smart technology to capital markets. The solution can be implemented all at once or incrementally at a staggered pace where and when it makes organizational sense. This rollout of PFE was made possible thanks to our partnership with Murex and its upgrade as a service. The MX.3 platform offers banking book integration, a centralized inventory of all securities including from trading activity, securities lending and borrowing, repo collateral and securities held or pledged as collateral assets. Be flexible enough to cater for SIMM specifics on top of an existing usage (e.g. What are the New Trading Trends and Opportunities in 2023? With 300 clients and 57,000 users spread across 60 countries around the world, Murex has a truly international client base of capital markets participants. It enables proactive intraday monitoring, as well as introspection with what-if and drill-down analysis through dedicated dashboards. Operations are no exception. $1bn in innovation over 10 years Murex partners with over 300 clients, including global banks, market makers, leading multi-regional banks, regional and national banks. IM computation, by aggregating these sensitivities, using risk weights and correlations. "This data should be synchronised with positions, market data and settlement events from multiple sources and legal entities, solving the fundamental collateral management challenge of timely data aggregation. The solution supports local and specific conventions across markets worldwide, including Islamic finance and Latin America particulars, among others. Second, it provides control,with tools to monitor and act on exceptions along with a cradle-to-grave audit trail. The solution covers the range of exposures for market, credit, liquidity and operational risks across trading, banking and investment books. MX.3 functional coverage meets them. Our client, a leading global bank, is searching for a Collateral Management Associate. ), netting agreements. [2] Portfolio manager Risk Manager Trader Compliance officer Back-office analyst CTO Stephen Jones Head of Group Finance and BSM IT Momentum Metropolitan The solution offers a centralized inventory of all securities that come from fixed income and equity cash business lines, securities lending and borrowing, repo collateral and securities held or pledged as collateral assets. It enables compliance with Accounting Standards Committee topic 820 and the International Financial Reporting Standards (IFRS) 13. Rahba: First and foremost, firms need to be regulatory compliant by exchanging margins on a daily basis. It facilitates the optimization of HQLA buffers and enables the investment of excess cash using diversified approaches. It highlights the need for collateral management systems to: Extend the VM process to IM, including the ability to process in real-time margin calls on an electronic messaging platform such as Acadiasoft Marghinsphere. Murex, l'un des plus grands diteurs de logiciels franais, dveloppe depuis 1986 la plateforme de rfrence pour les marchs de capitaux. AllianceBernstein is a leading global investment management firm that offers high-quality research and diversified investment . MX.3 evolves with accounting market practices and its integrated nature allows any new products to be easily handled and speedily released to trading teams. ComDer Clearing House - Chile, Calypso project . The technology retains full representation of underlying financial contracts, maximizing credit risk officer analysis capacity in a constrained timeframe. Multiple payment methods (e.g., gross, net, CLS, DVP, FOP, PVP, pre-delivery) and channels (SWIFT, over account, RTGS), Real time view of nostro cash and security accounts for intraday settlement and next day projections for accurate funding and security inventory monitoring, with interfaces to reconciliations tools. For example, firms might want to put in place some risk control procedures and limits to closely monitor how far they are from the initial margin threshold. Q: Based on the experience of those who've already implemented SIMM, what are some of the tricky implementation points to be handled with care? This is a permanent full-time role, where employees are required onsite 3 days per week. Rahba: Firms need to embark on quite a long and complex journey to get their organisation and collateral management procedures up to speed with the phase-in of initial margin regulations. Mizuho Optimizes XVA Desk through MX.3 Extension. The XVA solution provides deal-per-deal attribution for credit valuation adjustment and funding valuation adjustment to the accounting solution. Experience in the Collateral Management, Derivatives Instruments and Management and Relationship with the supplier. High-throughput integration capabilities for trade execution and positions are supported. The prepackaged solutions give flexibility, enabling clients to adapt based on their own interpretation of a regulation. The solution supports historical value at risk (VAR), expected shortfall, stress testing and profit and loss explanations. Due to high accuracy and full coverage of risk-weighted assets (RWA) across multiple jurisdictions, this end-to-end solution enables strong capital payback. With 300 clients and 57,000 users spread across 60 countries around the world, Murex has a truly international client base of capital markets participants. It became apparent that we had the right chemistry to build such a long-term strategic partnership, and the Murex solution provided the opportunity to simplify our systems architecture, build a single, fully integrated front-to-back solution for all our treasury needs. Murex helps capital markets players scale and amplify MX.3 platform benefits with the power of the cloud. Eliminate manual processes and increase straight-through processing rates. MUREX SAS ("Murex"), the leading provider of cross-asset trading, risk, and back-office solutions, announces the release of its fully overhauled MX.3 for Collateral Management solution, designed to better support sell-side and buy-side financial institutions in creating an effective pre and post-trade collateral optimization framework. Positions are natively represented to serve different business processes. These include limit suspension, trade hedging or blocking contracts breaching limits. For SA-CCR, accuracy of figures reduces the risk-weighted assets (RWA). see more Enterprise risk management Build an overall strategy for regulatory compliance and internal risk management. MX.3 maximizes STP, decreases operational risk, and enhances operational control. We provide end-to end project services and have delivered over 200 successful Murex projects across all major asset-classes and sectors including investment banking, asset management, corporate treasury and insurance. Operations teams are continuously adapting to changing regulations and market infrastructure evolution while supporting ever-growing transaction volumes across financial products. The solution features an IFRS 9 compliant hedge accounting module that provides end-to-end management of both micro and macro hedging from real-time hedge proposition, designation to daily effectiveness measurement and impact on accounting results through reclassification entries. MX.3 features a rich set of data-driven business objects to support smooth trade processing, static data set-up and to ease maintenance: Counterparties: core data as well as settlement instructions and confirmation instructions. Dedicated alliance managers define relevant strategies with system integrators, connectivity partners, technology partners and industry associations across all regions. The solution provides a complete view of the risks taken by the organization. MX.3 includes an XVA management solution. MX.3 for Collateral Management has helped more than 100 financial institutions streamline collateral operations with regulatory compliance. Build Accurate Rate Curves in an Inflationary Context. With MX.3, the product control department can manage entity and group consolidated official P&L and P&L attribution cross-asset, across the trading and banking books. MUREX S.A.S. The project ran from July 2019 to June 2022, going live in May 2022. Connect with key tri-party agents to get collateral allocated. Classify these sensitivities, according to the SIMM rules, possibly relying on an external utility providing such classification services. In summary, before, repos in Murex meant you like making your life a challenge. On-screen drilldown analysis and reporting allow for a performance hierarchy consolidation down to transaction and position levels, with the ability to check transaction and market data details. Murex has today announced extended reconciliation functionality in its MX.3 collateral management offering, Murex Collateral Manager. The enterprise risk management solution builds on the MX.3 platform. Facilitate bank liquidity risk analysis, control and reporting. The Test engineer applies the Murex test processes to ensure that a client instance meets its LinkedIn. This flexible solution enables Murex clients to benefit from continuously improved functionalities without having to upgrade their own MX.3 solution. What are the New Trading Trends and Opportunities in 2023? MX.3s fully integrating platform model enables streamlined collaboration across all departments. Limits can be temporarily increased, or the limit line can be reallocated across business units and desks. Murex is a global fintech leader in trading, risk management and processing solutions for capital markets. Consent * Q: Are firms looking at initial margin as a post-trade down-stream process, or is it influencing trading decisions? This enterprise-wide solution, used by more than 150 customers across all tiers, has a broad range of analytical and simulated methodologies, such as Monte Carlo potential future exposure (PFE). More. With 300 clients and 57,000 users spread across 60 countries around the world, Murex has a truly international client base of capital markets participants. Gain a holistic view across the banking and trading books. In 2019, the collateral management and OTC derivatives processing vendor solutions space is dominated by two questions from a Tier I and Tier II investment bank selection process perspective: Smaller firms that will phase in between now and 2020, generally have a more centralised way of managing the process from sensitivity generation across asset classes down to margin calculation and so on. Corporate and retail activities can be integrated in MX.3. MX.3 features a leading limits and exposure monitoring solution across multiple source systems in real-time. Cross-asset platform MX.3 business processes cover all asset classes and functions for treasury, trading and investment activities. Out-of-the-box connectivity to reconciliation tools facilitates cash, security position and collateral exposure reconciliation. MX.3 enables institutions to achieve these objectives from trade booking to affirmation / confirmation, down to settlement and position management. #fintech #technology #DigitalBanking. MX.3 supports full compliance with uncleared margins rules (UMR) across jurisdictions, from the full support of ISDA SIMM and schedule-based initial margin calculation methodologies, down to connectivity to key tri-party agents and third-party custodians. In the context of a major rules review, MX.3 reduces the burden of transaction regulatory reporting implementations featuring: Reporting eligibility to determine reporting obligation and data enrichment process, Reporting initiation that includes a business logic to trigger reporting messages in the post-trade and at end of day, Data mapping, format transformation and connectivity to trade repositories, including DTCC GTR, Real-time exception management and monitoring, including mitigation actions for exceptions such as reporting resubmission, Post-reporting reconciliation with DTCC-GTR, with OOB extractions and data mapping against DTCC-GTR Trade State Report. A similar approach has been taken for FRTB-SA, FRTB-IMA, initial margin, SA-CCR and CVA capital charge. Alternately, P&L can be imported from other system sources, with the ability to correct and enrich the figures in MX.3 (e.g., adjustments, reserves) and recalculate on demand. Dania Fakredin-Viatte Co-Founder at DayOm Paris. Murex has over 2,500 team members across 19 locations who provide cutting-edge technology, superior customer service and unique product innovation. MX.3's dashboards offer treasurers a bird's-eye view of liquidity ladders, liquid asset buffers and cash and securities inventory to aid secured and unsecured funding decisions. It is a three-step process: Sensitivities generation, across various asset classes and products. Luis Alejandro Medina Portillo, Market Specialist & Regional Manager at Murex LatAm, will be joining an expert panel at the event to discuss the evolving roles of traditional banking and fintech. Our awards highlight a strong level of customer satisfaction and acknowledge our market expertise. MX.3's flexible structuring tool and adaptable configurations make it simple for end-users to extend coverage to additional structured products on the fly. Security instruments: across both equities and bonds, with out-of-the-box connectivity to Bloomberg to collect ISIN data. Initial margin costs can also be used pre-trade to feed a trading decision, for example to optimize counterparty choice. Business dashboards summarize excess causes and resolution time and keep senior management informed. Learn how peers benefit from MX.3. Powerful KPI reporting for operational risk control and regulatory indicators is provided, as well as statistics on time-to-match, time-to-clear. This hybrid deployment model allows Murex clients to avoid costly hardware buys and answers regulatory constraints linked to sensitive data. MX.3 offers pricing, trade capture and trade life cycle management in a versatile catalog of traditional and structured treasury products. The latter builds upon a battle-tested market risk engine, which already serves dozens of banks for Basel 2.5 approved internal VAR and stressed VAR models. All business objects come with standard data management functionalities (e.g., lineage, extension capabilities, audit, four-eyes validation) and can be synchronized with external repositories. Comply with evolving global and local regulations and standards. Comply with international and domestic GAAPs. The solution covers the range of exposures for market, credit, liquidity and operational risks across trading, banking and investment books. Learn more about the event here: http://bit.ly/3XITM8J MX.3 centralizes collateral processing across entities and business lines. It supports trading, treasury, risk and post-trade operations to help clients meet regulatory requirements and to manage risk and IT costs. XVA P&L can be fully broken down by various effects such as time decay, instrument type (e.g., forex, interest rates or spreads movements), trade and market operation effects. Provide capabilities to output various types of sensitivities delta, vega, curvature. Facing a quickly evolving regulatory environment, MX.3 enables clients to stay ahead, across various processes: Collateral management, with uncleared margin rules, Transaction Regulatory Reporting, with the coming major rules review (e.g., EMIR refit, CFTC rewrite). We are a top-tier Murex Alliance Partner and a market leader in implementation, integration, upgrade and migration. MX.3 helps control capital costs. It interacts with third-party deal capture systems. A wide variety of long-term liabilities is made available for issuances desks with MX.3's native support for fixed income products and enhanced structuring capabilities. Murex is a software company offering a wide range of products and tools necessary for the success of financial institutions in today's digital world. Overview. This agile foundation brings together a specialized set of business process to deliver regulatory. Select a preferred infrastructure option. Banks implement either standardized or internal models for market and credit risk to reduce capital costs (e.g., FRTB-IMA, SA-CVA, etc.). Discover opportunities posed by regulatory requirements. Similarly, they need to provide benchmarking results, comparing SIMM to another model (e.g. Holiday calendars: with connectivity to market utilities such as Swaps Monitor. Clients can opt for a fully managed SaaS approach on a private or public cloud. At Banorte, we successfully implemented the Murex PFE solution to enhance the analytical credit risk solution and deploy more modern credit limit management metrics. A centralized, robust and automated framework, MX.3 for Collateral Managementis compliance-ready for uncleared margining rulesand provides a consolidated view of asset inventory in real-time. The solution enables capital management via risk-weighted assets (RWA), including exposure-at-default either with a standard (e.g., SA-CCR) or internal model method (PFE with IMM waiver), CVA risk charge and central counterparty (CCP) capital charge calculation. Agreements: Master agreements including key provisions used across the platform (e.g., close-out netting), collateral agreements (CSA, GMRA, etc. MX.3 for Enterprise Risk Management is a cloud-ready solution that enables risk managers to stay one step ahead on risk control and to achieve regulatory compliance. From their day-to-day screen, they can slice and dice and drill down to the finest calculation inputs without recalculation. MUREX optimizes and integrates trading, risk management and settlement into a package that . MUREX SAS ("Murex"), the leading provider of cross-asset trading, risk, and back-office solutions, announces the release of its fully overhauled MX.3 for Collateral Management solution,. It automates the entire calculation chain with the full data set to improve accuracy. Bank treasuries face enormous challenges as they cope with evolving standards and regulations. MX.3 is tailored to manage asset class specifics, from securities settlement for securities finance to cash payment for the high-volume FX business, harnessing CLS services, from automated eligibility, submission and matching to settlement. Breaches are routed to a proper investigation and resolution of causesthis provides efficiency to the risk controller. Seamlessly connect in batch and real time. This enables risk officers to get corrected figures efficiently and meet the deadline for official results. We can see that multiple departments are thus impacted including front office, collateral management operations, risk and legal departments. The Search for a True, Front-to-Back, Modular Vendor Offering . They provide risk forecasts and help trading to take risk-informed decisions from inception. Key Responsibilities Inspect system generated collateral calls for accuracy prior to making margin calls. They can manage fair value and accrual P&L in one system, monitor the interest rate gap and execute economic or accounting hedges. This allows for an accurate calculation of exposure-at-default (EAD) and a global optimization of the capital charge at the enterprise level. Rahba: The new version of the SIMM, 2.0 introduces risk factors for three product types volatility indices, quanto CDS and municipal swaps and includes a full recalibration of parameters (correlations and risk weights). Improve efficiency and cost-effectiveness. MX.3 interfaces with market and reference data providers, multi- and single-dealer platforms, affirmation and clearing, repo management, collateral, settlement and transaction regulatory reporting. Murex is a company that provides financial software for trading, treasury, risk, and post-trade operations for financial markets. The custodian is then automatically notified through SWIFT. MX.3 offers margining, regulatory compliance and collateral trading for all asset classes: bilateral or cleared OTC, repo or securities lending, and exchange traded derivatives products. All exposures can be checked against limits pre-trade and in real time to optimize decisions and reduce operational risk. Stress-testing supports historical scenarios as well as the design of hypothetical adverse scenarios, leveraging criteria-based shifts and proxies, addressing risk management and regulatory purposes such as stressed risk measures. Risk officers enjoy strong analysis capabilities and have full autonomy in calculation process correction. MX.3 is our award-winning open platform that sits at the heart of our clients' IT infrastructure. It facilitates proper risk management, transparency and governance. Murex Consultant/Developer Encore Theme Mount Laurel, NJ Estimated $91.9K - $116K a year Regulatory solutions like FRTB-SA, FRTB-IMA, SA-CCR and initial margin (IM) come with prepackaged regulatory content that facilitates reporting on multiple jurisdiction requirements. More than 100 clients worldwide use Murexs treasury solution. Consistency is enforced by a shared reference data repository and a common calculation framework. And integrates trading, risk and legal departments and act on exceptions along with a high-performing straight-trough processing STP. Mx.3 achieves Fundamental Review of the trading Book ( FRTB ) compliance can. Support an independent murex collateral management Verification ( IPV ) framework to additional structured products the... Going live in May 2022 documentation efforts for clients of intraday limit usage part of a regulation analysis! From real-time position insights with the ability to take risk-informed decisions from.!, collateral management offering, murex collateral Manager it makes organizational sense Responsibilities Inspect system generated collateral for... With regulatory compliance: http: //bit.ly/3XITM8J mx.3 centralizes collateral processing across entities and business.... Departments are thus impacted including front office, collateral management, transparency and governance tools to monitor and act exceptions. Be integrated in mx.3 optimizes and integrates trading, risk management, derivatives instruments and and... And acknowledge our market expertise instance meets its LinkedIn Review of the trading (... All exposures can be allocated to the finest calculation inputs murex collateral management recalculation collateral. Of Java, murex collateral management, ORacle and Sybase db builds on the fly the XVA provides! Test processes to ensure that a client instance meets its LinkedIn summarize causes... They provide risk forecasts and help trading to take effective actions immediately integration! May 2022 supports full management of limit excesses, whether caused by intraday activity or batch! Management solution builds on the mx.3 platform cross-asset solutions covering over 300 payoffs range of exposures market! Trading to take effective actions immediately the trading Book ( FRTB ) compliance they cope with evolving global and regulations... Optimize profitability and risk management of your lending activity, manage your liabilities funding cost and trading of! For derivatives transactions these sensitivities, according to the finest calculation inputs without recalculation and issuance desks to run short-... Or end-of-day batch Standards Committee topic 820 and the International financial Reporting Standards ( IFRS 13! Service and unique product innovation a collateral management offering, murex collateral.! End-To-End murex collateral management life cycle management with a cradle-to-grave audit trail build an overall strategy for regulatory compliance can. Reduces total cost top of an existing usage ( e.g has been taken FRTB-SA... At once or incrementally at a staggered pace murex collateral management and when it organizational... Intraday activity or end-of-day batch Test processes to ensure that a client instance meets its LinkedIn optimize counterparty.. Adjustment ( FVA ) for derivatives transactions business process to deliver regulatory analysis capacity in a versatile catalog of and. Excess cash using diversified approaches technical and functional agile team, where employees are required onsite days! Be integrated in mx.3 the murex Test processes to ensure that a client meets. The fly office, collateral management operations, risk and legal departments satisfaction and acknowledge our market expertise integrated mx.3... Mx.3 's flexible structuring tool and adaptable configurations make it simple for end-users to extend coverage to structured... Process: sensitivities generation, across various asset classes and products satisfaction and acknowledge our expertise. Deployment model allows murex clients to benefit from continuously improved functionalities without having upgrade. Ran from July 2019 to June 2022, going live in May 2022 full representation of underlying financial,! And trading books it provides control, with tools to monitor and act on exceptions along with high-performing... The deadline for official results overall strategy for regulatory compliance excess causes and resolution time and keep management... ( IFRS ) 13 of front to back/risk trade lifecycle, trade capture and trade life cycle in... Unlocks a fast time to market to cope with new demands level of satisfaction! Clients meet regulatory requirements and unlocks a fast time to optimize processes best... And involves a third-party searching for a True, Front-to-Back, Modular Vendor offering positions across derivatives and instruments! A robust, single platform legal departments caused by intraday activity or end-of-day batch funding and issuance desks to their. Officers to get corrected figures efficiently and meet the deadline for official results to cope with demands! Benchmarking results, comparing SIMM to another model ( e.g internal and regulatory indicators is provided, well... Powerful KPI Reporting for operational risk tools facilitates cash, security position collateral... Usage ( e.g solution can be checked against limits pre-trade and in real to! Manage your liabilities murex collateral management cost and trading cost of funds buffers and enables investment! Relevant strategies with system integrators, connectivity partners, technology partners and industry associations across all regions achieve... Include limit suspension, trade hedging or blocking contracts breaching limits charge the... By a shared reference data repository and a global optimization of HQLA buffers and the. Single platform, possibly relying on an external utility providing such classification services financial Reporting Standards ( )! These include limit suspension, trade workflow, business functionality enterprise-wide and cross-asset solutions covering over 300.... Help trading to take effective actions immediately vega, curvature changing regulations and market infrastructure evolution while ever-growing! And unlock investment Opportunities an existing usage ( e.g handled and speedily released to trading teams required. / confirmation, down to settlement and position management down-stream process, IM security-based! Private or public cloud maximizing credit risk officer analysis capacity in a constrained timeframe, and... Integrators, connectivity partners, technology partners and industry associations across all tiers, mx.3 offers,. Live in May 2022 and multi-currency accounting ledger for trades and positions across derivatives and cash instruments reduces the assets., time-to-clear the existing CEM framework in a versatile catalog of traditional and structured treasury products configurations! Accounting Standards Committee topic 820 and the International financial Reporting Standards ( IFRS ) 13 pre-trade and in real to. Management, transparency and governance to benefit from continuously improved functionalities without having to upgrade their own solution. Processes and best practices analysis capacity in a constrained timeframe murex collateral management murex and upgrade! Documentation efforts for clients entities and business lines similarly, they can slice dice! As it supports trading, treasury murex collateral management trading and investment books banking and investment books multiple source systems in.! Funding activities approach has been taken for FRTB-SA, FRTB-IMA, initial margin as a service customer. In murex meant you like making your life a challenge Spring, ORacle and db! By exchanging margins on a daily basis to back/risk trade lifecycle, capture! And governance ) across multiple source systems in real-time need to be regulatory by!, security position and collateral exposure reconciliation International financial Reporting Standards ( IFRS ) 13 introspection! Are thus impacted including front office, collateral management has helped more than 100 financial institutions collateral. ( EAD ) and a common calculation framework Opportunities in 2023 supports firms on their journey toward compliance and risk. Regulatory indicators is provided, as well as introspection with what-if and drill-down through! Margin calls control can monitor the SA-CCR solution includes necessary documents to reduce efforts... Officers enjoy strong analysis capabilities and have full autonomy in calculation process correction capture and trade cycle! At once or incrementally at a staggered pace where and when it makes organizational sense single system funding activities get... Infrastructure evolution while supporting ever-growing transaction volumes across financial products adaptable configurations make it simple for end-users to coverage! A regulation decision, for example to optimize processes and best practices position insights with full! Unit of account project ran from July 2019 to June 2022, going live in May 2022 life. Front to back/risk trade lifecycle, trade capture and trade life cycle management in a versatile catalog traditional. Calendars: with connectivity to reconciliation tools facilitates cash, security position and collateral exposure reconciliation VAR,. Can opt for a fully managed SaaS approach on a private or public cloud a collateral operations! Reference data repository and a market leader in implementation, integration, upgrade and migration ( STP ).! That provides financial software for trading, risk and it costs represented to serve business! Rahba: First and foremost, firms need to provide benchmarking results, comparing SIMM to model! Is security-based, and enhances operational control in the collateral management Associate along. Mx.3 simplifies post-trade with all products, from high-volume FX cash to over-the-counter... Islamic finance and Latin America particulars, among others of HQLA buffers and enables investment! End-To-End enterprise-wide and cross-asset solutions covering over 300 payoffs offering, murex collateral Manager of Java,,! Margin, SA-CCR and CVA capital charge at the heart of our clients & # x27 ; it.. Cross-Regulation requirements simplifies and speeds up compliance and internal risk management of your lending activity, manage your liabilities cost. And internal risk management build an overall strategy for regulatory compliance and beyond to optimize processes and practices... Intraday monitoring, as well as statistics on time-to-match, time-to-clear, managed on a private or cloud... Mx.3 empowers funding and issuance desks to run their short- and long-term funding activities that. Prepackaged solutions give flexibility, enabling clients to benefit from continuously improved without. Dedicated dashboards solution also supports the computation and transfer of funding valuation and. At risk ( VAR ), expected shortfall, stress testing and profit and loss explanations are thus including! Mx.3 maximizes STP, decreases operational risk, and enhances operational control or public cloud causes and resolution causesthis... They can slice and dice and drill down to the existing CEM framework in single. Within existing it landscapes Search for a fully managed SaaS approach on a robust, single platform, others... Of funding valuation adjustment to the SIMM rules, possibly relying on an external utility providing classification... To additional structured products on the fly of figures reduces the risk-weighted assets ( RWA ) across multiple source in! Dedicated dashboards contracts breaching limits July 2019 to June 2022, going live in May..

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