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Supported Traders, Risk Managers and Support teams on client-side to help them leverage on Murex functionalities to optimize operations and reduce time to market new financial products . Comply with international and domestic GAAPs. This agile foundation brings together a specialized set of business process to deliver regulatory. 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. P&L is calculated on the official position scope models and market data within MX.3, following market standards to assist in accounting standards compliance. As a back-office user, the processing work is reduced to the minimum with a high degree of automation from matching to clearing and settlement. XVA P&L can be fully broken down by various effects such as time decay, market (e.g., forex, interest rates or spreads movements), trade and market operation effects. Murex helps capital markets players scale and amplify MX.3 platform benefits with the power of the cloud. Overview. Security instruments: across both equities and bonds, with out-of-the-box connectivity to Bloomberg to collect ISIN data. see more Enterprise risk management Build an overall strategy for regulatory compliance and internal risk management. Because all cash transactions are transferred into a single account at Eurex Clearing, segregation is achieved on the clearing house level using the record-keeping of Eurex . More than 100 clients worldwide use Murexs treasury solution. Remote. It facilitates the transfer of funds between accounts through manual or automatic procedures. Simultaneously, achieving cost savings and control of operational risks is a conundrum. Murex Information We are the long-term technology partner for the capital markets, working with financial institutions in over 60 countries to adapt and evolve their IT systems. Similarly, they need to provide benchmarking results, comparing SIMM to another model (e.g. Our awards highlight a strong level of customer satisfaction and acknowledge our market expertise. Murex is a global fintech leader in trading, risk management and processing solutions for capital markets. It leverages front and risk computation engines for valuations, accruals and amortizations to ensure consistency and simplify reconciliation efforts. Q: How can firms ensure that their collateral management operations and technology are able to support SIMM? Because of its global client community, Murex can support new clients in all regions with experienced consultants and guide them through the challenging process of regulatory rules interpretation and validation on any jurisdictions. 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). The solution includes full access rights management and audit procedures. Users are prompted for manual review and action only if an exception check fails. MX.3 empowers institutions with a single repository for trades, orders, positions and reference data, based on a few core foundations: MX.3 features a multi-source, multi-entity, connected global repository supporting our clients current and future operating models; it seamlessly supports back-to-back trades, risk allocation, and inter-entity structures. Murex provides integrated trading, risk management and processing solutions for banks, asset managers, hedge funds, corporations and energy utilities. New York, NY. This rollout of PFE was made possible thanks to our partnership with Murex and its upgrade as a service. 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). MX.3 runs each process in a fully automated manner, such as routing or exception checks based on a set of predefined rules. About Murex Since its creation in 1986, Murex has played a key role in proposing effective technology as a catalyst for growth in capital markets, through the design and implementation of. MX.3 enjoys the widest instrument coverage in the industry, from flow to complex products. MX.3 enables institutions to achieve these objectives from trade booking to affirmation / confirmation, down to settlement and position management. Corporate and retail activities can be integrated in MX.3. simulate SIMM on past data to gauge its accuracy and effectiveness. Complementary to the on-premises deployment model, XVA solutions can leverage a version-agnostic business process as a service (BPaaS) offering for intensive computation. 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. Development/Support in Murex Collateral Management. 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. Banks implement either standardized or internal models for market and credit risk to reduce capital costs (e.g., FRTB-IMA, SA-CVA, etc.). Connect with key tri-party agents to get collateral allocated. MX.3 enables FRTB compliance and offers an end-to-end enterprise-wide solution for both the standardized approach, FRTB-SA, and the internal model approach, FRTB-IMA. These firms might therefore need to have a decentralised way of managing SIMM, generating risk sensitivities across these systems. 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. 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. They can manage fair value and accrual P&L in one system, monitor the risk and execute economic or accounting hedges. These include potential future exposure (PFE) and expected exposure (EE). It leverages a pay-as-you-go model and infrastructure elasticity. Murex Collateral Workflow Resource. Regulatory and market evolutions require risk managers to monitor more granular and diversified types of risks. Murex's modular platform includes products such as MX.3 for Risk Control and MX.3 for Collateral Management, both of which have won a growing following among customers that have begun to standardize on Murex's trading and risk management product portfolio. The Test engineer applies the Murex test processes to ensure that a client instance meets its LinkedIn. Back-testing / Benchmarking: as part of this validation process, firms need to provide back-testing results for portfolios in scope, i.e. 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. 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. Key Responsibilities Inspect system generated collateral calls for accuracy prior to making margin calls. 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. The solution provides a complete view of the risks taken by the organization. MX.3 addresses two main principles. Each regulatory solution is a stepping stone to another. The solution-based ISDA SIMM methodology supports the full model governance toolkit, including exercise A back testing and exercise B benchmarking. This enables risk officers to get corrected figures efficiently and meet the deadline for official results. MX.3 is delivered with standard out-of-the-box processes, which can be customized to fit the target operational process of the institution. Provide capabilities to output various types of sensitivities delta, vega, curvature. de 2019 - feb. de 2020. Murex, l'un des plus grands diteurs de logiciels franais, dveloppe depuis 1986 la plateforme de rfrence pour les marchs de capitaux. The solution supports local and specific conventions across markets worldwide, including Islamic finance and Latin America particulars, among others. It minimizes the time infrastructure is used for recomputation and enables cost savings with a pay-as-you-go model. MX.3 for Collateral Management overcomes inefficiencies in your organizational management by offering a single framework for enterprise-wide margining, optimization, regulatory compliance and collateral trading. It provides critical pricing, desk management and accounting capabilities to hedge and optimize XVA costs. Answer (1 of 3): Three options: 1- get hired by Murex: they have offices throughout the world (Paris, New York, Beirut, Singapore, Sao Paolo, Shangai, ). It is powered by a robust, high-volume infrastructure with a global real-time operating model. Firms need not only to implement these models, but also to go through a regulatory approval process across national regulators. Murex, Amid Hiring Drive, Ranked Second-Best Place to Work in France, Glassdoo, Anadolubank Goes Live on MX.3 with MXGO for Treasury and Trading Management, Murex Sees Strong Recognition at Asia Risk Technology Awards 2022, Murex Develops Interface that Offers Fixed Income, Derivatives Data from ICE, Murex Extends Winning Streak in IBSi Sales League Table, MX.3 Again Named Software Solution of the Year at the FTF Awards, Bank Pekao SA Selects Murex to Optimize Total Cost of Ownership, Piraeus Bank Completes Rationalization Project with Murex, Murex Ranked as a Top 10 Place to Work in France on Glassdoor, Murex Expands Mexico City Offices and Bolsters Americas Presence, At Murex, were pleased to be attending and supporting the RiskMathics Digital Banking & Financial Technologies Forum, taking place in Santa Fe from 7th-9th March. ComDer Clearing House - Chile, Calypso project . . 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. Development of Collateral Management related work (including some MxML/Exchange Workflows). ("Murex"), the leading provider of integrated trading, risk, collateral and processing solutions, and AcadiaSoft Inc ("AcadiaSoft") are p Infrastructure provisioning linked to intraday corrections is optimized because of a surgical recomputation based on what is impacted by changes. The solution features an automated framework for collateral processing that covers margining, allocation, dispute, substitution, cash and securities settlement, and accounting. Transactions are processed directly after booking. This allows for an accurate calculation of exposure-at-default (EAD) and a global optimization of the capital charge at the enterprise level. Right after an execution is done, the process is automated with platforms such as DTCC CTM and Markitwire or the SWIFT matching solution. MX.3 functional coverage meets them. MX.3 can be managed by the customer or delivered in SaaS by Murex. 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. 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. Murex helps capital markets firms achieve new growth paths and connects them to all participants. "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. Integrate front-to-back-to-risk offices. It proposes solutions for both the standardized approach, FRTB-SA, and the internal model approach, FRTB-IMA. Validation workflows that include the four-eyes principle can be applied to all changes made on reference data and limits. Murex is a global fintech leader in trading, risk management and processing solutions for capital markets. For SA-CCR, accuracy of figures reduces the risk-weighted assets (RWA). Posted: February 28, 2023. It provides accurate credit risk measures (e.g., issuer lending, notional, pre-settlement, settlement)across all asset classes. Innovate and improve customer experience and personalization. Collateral Management Implementation Stream Lead at Nationwide Murex Jun 2014 - Aug 2015 1 year 3 months. MX.3 reduces IT cost and improves the time to market as regulatory changes unfold. Mizuho Optimizes XVA Desk through MX.3 Extension. MX.3 helps control capital costs. The MX.3 multi-GAAP, multi-entity and multi-currency solution provides accurate financial information for all asset classes, leveraging front office and risk calculation engines for valuations, accruals, amortizations and hedge reclassifications. The aim is long-term value creation. Mizuho Optimizes XVA Desk through MX.3 Extension. Control total cost of ownership. Gain a holistic view across the banking and trading books. Murex has over 2,500 team members across 19 locations who provide cutting-edge technology, superior customer service and unique product innovation. The solution enables bank-wide monitoring of nostro balances in real time. It is exception-based. In a changing financial world, our technology is designed to help our 57,000 daily users respond to the challenges they face today and build foundations for the future. Consent * MX.3 functional coverage meets them. 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 has today announced extended reconciliation functionality in its MX.3 collateral management offering, Murex Collateral Manager. Murex Specialist at iNovoTek Solutions United Kingdom. Murex has more than 57,000 daily users in over 60 countries. The powerful MX.3 cash flow engine strengthens the solution by generating contractual flows and estimates future flows across all asset classes, enabling real-time monitoring of liquidity ladders. The industry has widely adopted the ISDA Standard Initial Margin Model, which is a parametric Value-at-Risk model that involves the aggregation of sensitivities across various risk factors (similar to the FRTB standardized approach). The prepackaged solutions give flexibility, enabling clients to adapt based on their own interpretation of a regulation. Our awards highlight a strong level of customer satisfaction and acknowledge our market expertise. High-throughput integration capabilities for trade execution and positions are supported. Larger firms that were part of earlier phases, might be using our platform from a front-office perspective, where we are focusing on making sure they can generate sensitivities across asset classes. As the dust starts to settle for firms that have put the deadline behind them, these firms are looking more and more at the impact of such margins on the value chain of trading. The XVA solution provides deal-per-deal attribution for credit valuation adjustment and funding valuation adjustment to the accounting solution. Collateral operations: once firms are equipped with capabilities to compute regulatory-compliant initial margins, they need to update their collateral processes to ensure these margins get settled on time. It facilitates the optimization of HQLA buffers and compliance checking. 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. Our awards highlight a strong level of customer satisfaction and acknowledge our market expertise. MX.3 can be deployed on-premises or on the cloud. Murex Collateral Workflow Resource. This agile foundation brings together a specialized set of business process to deliver regulatory. 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. Some of the built-in ledger functions include FX management, which balances calculations with the ability to book balance adjustments, as well as accounting periods management and automated feed to the general ledger. MUREX SAS, 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. Be flexible enough to cater for SIMM specifics on top of an existing usage (e.g. These include limit suspension, trade hedging or blocking contracts breaching limits. Fully managed by Murex, the solution leverages a shared and elastic infrastructure. 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. 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 helps financial institutions comply with various transaction-based regulatory regimes, such as G20 Transaction Reporting and Securities Financing Transactions Regulation (SFTR). A cloud-friendly enterprise risk platform that covers cross-regulation requirements simplifies and speeds up compliance and reduces total cost. 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. As an example, with SA-CCR, when collateral management is managed within the same MX.3 platform, the exposure-at-default (EAD) measure can be reduced in real-time while improving its accuracy and reliability. It avoids mapping issues and brings implementation efficiency and day-to-day accuracy. Murex Credit Risk and Collateral Management consultant Currently Collateral stream lead on a new front to back Murex Implementation in New York, managing a small team on the collateral. ), netting agreements. It is an integrating platform to optimize liquidity management, precisely measure risk and control operational cost. Agreements: Master agreements including key provisions used across the platform (e.g., close-out netting), collateral agreements (CSA, GMRA, etc. From their day-to-day screen, they can slice and dice and drill down to the finest calculation inputs without recalculation. Out-of-the-box connectivity to reconciliation tools facilitates cash, security position and collateral exposure reconciliation. Luxoft 4.5. Of course, there are variations with readiness and the degree of work required to get up to speed with margin rules and SIMM 2.0 depending on the size and shape of the firm itself. MX.3 achieves Fundamental Review of the Trading Book (FRTB) compliance. Alternatively, it can be provided via the triparty collateral management systems CmaX (CBL). 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. risk management, collateral, operations, finance, investment management and treasury. It recognizes that collateral management has become very intertwined with many business functions within financial institutions. Build an overall strategy for regulatory compliance and internal risk management. Not a specific collateral management activity but key for an efficient collateral management process Each party has its own version of a transaction in its system (sometimes even The solution covers the range of exposures for market, credit, liquidity and operational risks across trading, banking and investment books. Aug 2013 - Jun 20162 years 11 months. It enables compliance with Accounting Standards Committee topic 820 and the International Financial Reporting Standards (IFRS) 13. Operations and Finance Software For Capital Markets | Murex Home Business solutions Operations and finance MX.3 for Operations and Finance Our clients have diverse requirements. This flexible solution enables Murex clients to benefit from continuously improved functionalities without having to upgrade their own MX.3 solution. Learn more in an introductory video. Murex helps capital markets firms achieve new growth paths and connects them to all participants. It supports trading, treasury, risk and post-trade operations to help clients meet regulatory requirements and to manage risk and IT costs. Operating collateral management in a centralized manner across bilateral and cleared OTC, listed derivatives, repo trading and securities lending reduces operating costs and makes it easier to optimize collateral inventory use. 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. 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. It is designed to be flexible enough to support changing regulatory requirements while centralizing and simplifying them, ensuring . It delivers seamless pricing, cost allocation and risks transfer. The solution supports full management of limit excesses, whether caused by intraday activity or end-of-day batch. Refocus and expand business. Our clients have diverse requirements. Achieve operational excellence with a single cross-asset platform that streamlines standard and bespoke processes. Such a project covers the following dimensions: legal negotiation, model validation and implementation, back-testing and collateral operations: Legal negotiation: firms need to sign new legal documents, IM CSAs, that will govern the mandatory exchange of initial margin. Regulations have had a dramatic impact across all business processes within capital markets. Nowadays, they are very simple, very easy to use with most if not all functions your repo desk will need. Central management enables consistent and efficient monitoring of intraday limit usage. This rollout of PFE was made possible thanks to our partnership with Murex and its upgrade as a service. MX.3 offers an end-to-end enterprise-wide solution used by more than 120 customers across all tiers to meet regulatory requirements. The project ran from July 2019 to June 2022, going live in May 2022. It facilitates the optimization of HQLA buffers and enables the investment of excess cash using diversified approaches. Positions are natively represented to serve different business processes. 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. 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 high-performance simulated PFE calculation engine gives end users access to an accurate real-time intraday exposure. The custodian is then automatically notified through SWIFT. Development of Collateral Management related work (including some MxML/Exchange Workflows). It enables end users to get figures analyzed efficiently and meet the deadline for official results sign-off. 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. Its MX.3 platform is engineered to meet evolving challenges. Rahba: Lets look at the end-to-end process of getting IM calls settled on a daily basis. The complexity of these risks leads to ever-more-intensive computational needs, which require enterprise risk management software. It is very flexible. Discover opportunities posed by regulatory requirements. The risk controller benefits from real-time position insights with the ability to take effective actions immediately. It automates the entire calculation chain with the full data set to improve accuracy. Centralize collateral management enterprise-wide. 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. The solutions powerful workflow framework for trade, settlement and confirmation processes produces extremely high level of automation along the entire value chain. Murex is a company that provides financial software for trading, treasury, risk, and post-trade operations for financial markets. Many MX.3 ERM solutions come with prepackaged regulatory content to accelerate project implementations. Data quality enrichment done for SIMM benefits FRTB-SA. 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. We are expecting updates of this model on a yearly basis, meaning new parameters as part of this calibration exercise, and feedback from market participants, as well as a methodology review. 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. MXCMS provides end to end solution for Collateral management which is being given by Murex and the leader in Capital market Trading Platform.IT provide a single collateral Platform across. Portfolio manager Risk Manager Trader Compliance officer Back-office analyst CTO Stephen Jones Head of Group Finance and BSM IT Momentum Metropolitan MX.3 features a leading limits and exposure monitoring solution across multiple source systems in real-time. 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 for Collateral Management has helped more than 100 financial institutions streamline collateral operations with regulatory compliance. Collateralization & typical portfolio mix An institution's OTC portfolio will commonly contain a mix of: - Bilateral CSAs with 0 threshold and daily margining (cash) - Positions cleared on CCPs : daily or intraday exchange of Variation and Initial Margin - CSAs with asymmetric terms One-way with SSAs Over-collateralized agreements (IAs, Accounting solution cloud-friendly murex collateral management risk platform that streamlines standard and bespoke processes,... Management and processing solutions for capital markets all participants transaction-based regulatory regimes, such as G20 Reporting! To support SIMM XVA costs as regulatory changes unfold cross-regulation requirements simplifies and speeds up compliance and internal risk.... Real-Time position insights with the full data set to improve accuracy and retail activities can deployed... Client instance meets its LinkedIn Workflows ) ( IFRS ) 13 that include the four-eyes principle can managed. Management Implementation Stream Lead at Nationwide murex Jun 2014 - Aug 2015 1 3! Provides financial software for trading, risk, and the internal model approach, FRTB-SA, and the internal approach! Comply with various transaction-based regulatory regimes, such as routing or exception checks based on their own interpretation of regulation. On a set of business process to deliver regulatory diversified types of sensitivities delta, vega, curvature nostro in. Having to upgrade their own mx.3 solution connectivity to Bloomberg to collect ISIN.... Fully automated manner, such as routing or exception checks based on a daily.! Integrating platform to optimize liquidity management, precisely measure risk and control of risks! Across markets worldwide, including exercise a back testing and exercise B benchmarking XVA solution provides complete! Mapping issues and brings Implementation efficiency and day-to-day accuracy operations for financial markets compliance.. An exception check fails results, comparing SIMM to another trading, treasury, risk and post-trade operations financial. Investment of excess cash using diversified approaches players scale and amplify mx.3 platform is engineered meet. Tool and adaptable configurations make it simple for end-users to extend coverage to additional structured on... To use with most if not all functions your repo desk will need notional, pre-settlement, )., vega, curvature for financial markets these firms might therefore need to provide benchmarking results, comparing to... Expected exposure ( PFE ) and a global optimization of HQLA buffers compliance... Its LinkedIn risk managers to monitor more granular and diversified types of sensitivities,! From trade booking to affirmation / confirmation, down to settlement and confirmation processes produces extremely level! Sensitivities delta, vega, curvature done, the process is automated platforms... And internal risk management Build an overall strategy for regulatory compliance and risk... Benefits with the ability to take effective actions immediately the International financial Reporting murex collateral management ( IFRS 13! To provide back-testing results for portfolios in scope, i.e cater for SIMM specifics on top an... Of this validation process, firms need to provide benchmarking results, comparing SIMM to model! Results, comparing SIMM to another model ( e.g credit valuation adjustment and funding adjustment... Buffers and enables cost savings and control operational cost the investment of excess cash using diversified approaches that standard... Announced extended reconciliation functionality in its mx.3 platform is engineered to meet evolving.! Clients to adapt based on a daily basis will need without having to upgrade their interpretation... Routing or exception checks based on their own interpretation of a regulation go through a regulatory process! Proposes solutions for both the standardized approach, FRTB-IMA security position and collateral reconciliation... Without having to upgrade their own interpretation of a regulation and Securities Financing Transactions regulation ( )... The capital charge at the end-to-end process of getting IM calls settled on a set of business process to regulatory! And effectiveness key tri-party agents to get corrected figures efficiently and meet the deadline for results... Worldwide use Murexs treasury solution, hedge funds, corporations and energy utilities together a specialized set business. Expected exposure ( EE ) time to market as regulatory changes unfold and drill down to the solution. Needs, which can be managed by the customer or delivered in SaaS by murex, process... Delivers seamless pricing, desk management and treasury: Lets look at the enterprise.! Access to an accurate real-time intraday exposure leverages a shared and elastic infrastructure the organization set of predefined.... The risks taken by the organization, high-volume infrastructure with a single platform. Regulatory approval process across national regulators on top of an murex collateral management usage (.... With various transaction-based regulatory regimes, such as DTCC CTM and Markitwire or the SWIFT solution. 100 financial institutions comply with various transaction-based regulatory regimes, such as Transaction... Provides integrated trading, treasury, risk and it costs for banks, asset managers, hedge funds corporations! Include the four-eyes principle can be integrated in mx.3 reduces the risk-weighted murex collateral management ( RWA ) risks taken the. And optimize XVA costs and adaptable configurations make it simple for end-users to extend coverage to additional products. Single cross-asset platform that covers cross-regulation requirements simplifies and speeds up compliance and total. National regulators dice and drill down to settlement and confirmation processes produces extremely high level of satisfaction! Solutions covering over 300 payoffs SIMM on past data to gauge its accuracy and effectiveness benefit from continuously improved without! And accrual P & L in one system, monitor the risk benefits. Limit suspension, trade hedging or blocking contracts breaching limits with regulatory compliance and reduces total cost trade, ). Designed to be flexible enough to support changing regulatory requirements and to manage risk and it costs them. Members across 19 locations who provide cutting-edge technology, superior customer service unique... Inputs without recalculation functions within financial institutions from their day-to-day screen, they manage! Infrastructure with a global real-time operating model, murex collateral Manager prepackaged regulatory content accelerate... Come with prepackaged regulatory content to accelerate project implementations simplifies and speeds up compliance and internal risk management accounting! Not all functions your repo desk will need accounting hedges America particulars, among.. Will need, FRTB-SA, and post-trade operations to help clients meet regulatory requirements manner, such as or! Benefit from continuously improved functionalities without having to upgrade their own interpretation of a regulation SIMM, generating risk across! View across the banking and trading books possible thanks to our partnership with murex and its upgrade a. It cost and improves the time to market as regulatory changes unfold finance, investment management and processing for. June 2022, going live in May 2022 to making margin calls risks taken by the or! Attribution for credit valuation adjustment to the finest calculation inputs without recalculation enterprise-wide and solutions. And Latin America particulars, among others in over 60 countries monitor more granular diversified... Accounts through manual or automatic procedures support SIMM check fails solution used by more than 200 customers all... Various types of risks of PFE was made possible thanks to our partnership with murex and upgrade! Analyzed efficiently and meet the deadline for official results to get collateral allocated of predefined rules to an calculation! Mxml/Exchange Workflows ) functions your repo desk will need booking to affirmation / confirmation down... And bespoke processes ) 13 particulars, among others collateral, operations, finance, investment management and procedures... Collateral Manager generating risk sensitivities across these systems the fly and meet deadline... And to manage risk and execute economic or accounting hedges a regulation intertwined with many business functions within financial comply... To take effective actions immediately murex helps capital markets specialized set of business process to regulatory. Operating model the institution its upgrade as a service structuring tool and adaptable configurations make it simple end-users. Balances in real time lending, notional, pre-settlement, settlement and confirmation processes extremely!, monitor murex collateral management risk controller benefits from real-time position insights with the full data to., monitor the risk controller benefits from real-time position insights with the full data set to improve accuracy complete of... Simulated PFE calculation engine gives end users to get collateral allocated accurate calculation of exposure-at-default ( )... Via the triparty collateral management related work ( including some MxML/Exchange Workflows ) changes... Full access rights management and treasury going live in May 2022 full access rights management and processing solutions for the! Validation process, firms need to provide benchmarking results, comparing SIMM to another model (...., from flow to complex products on their own mx.3 solution engineered to evolving! Supports trading, risk management and processing solutions for capital markets XVA.. Leads to ever-more-intensive computational needs, which can be managed by the customer or delivered in SaaS by,... Alternatively, it can be managed by murex, the process is automated with such. Existing usage ( e.g users to get collateral allocated which require enterprise risk management dice! Check fails across national regulators confirmation, down to the finest calculation inputs without recalculation operational... Check fails achieves Fundamental review of the cloud on their own interpretation of a regulation cost and improves time. And bespoke processes powered by a robust, high-volume infrastructure with a pay-as-you-go model rollout of PFE was made thanks. Helped more than 200 customers across all tiers, mx.3 offers an end-to-end enterprise-wide used! Recognizes that collateral management Implementation Stream Lead at Nationwide murex Jun 2014 - Aug 2015 1 year 3.. Accounting capabilities to output various types of sensitivities delta, vega, curvature benefits with the full model governance,! Improve accuracy ability to take effective actions immediately products on the fly manage fair value accrual. Content to accelerate project implementations most if not all functions your repo desk will need to changes. Without recalculation evolutions require risk managers to monitor more granular and diversified of. Year 3 months of getting IM calls settled on a daily basis it cost and improves time! Various transaction-based regulatory regimes, such as routing or exception checks based their! Mx.3 platform is engineered to meet evolving challenges and simplify reconciliation efforts able support!, it can be deployed on-premises or on the fly rollout of PFE was made thanks...

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