The solution-based ISDA SIMM methodology supports the full model governance toolkit, including exercise A back testing and exercise B benchmarking. 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. It covers internal market risk; fundamental review of the trading book (FRTB); X-valuation adjustment (XVA); standardized approach for measuring counterparty credit risk (SA-CCR); credit risk and initial margin (IM). Overview. MX.3 offers pricing, trade capture and trade life cycle management in a versatile catalog of traditional and structured treasury products. Corrections trigger smart recomputation based only on what is impacted by the change. Security instruments: across both equities and bonds, with out-of-the-box connectivity to Bloomberg to collect ISIN data. The XVA solution is a front-to-finance-to-risk charge solution that supports both standardized approach CVA (SA-CVA) and basic approach CVA (BA-CVA). Alex Rojas Full Stack Developer - Javascript (ES6), MongoDB . de 2016. The solution features an automated framework for collateral processing that covers margining, allocation, dispute, substitution, cash and securities settlement, and accounting. Having one system removes the need to develop and maintain many interfaces. It covers standard agreements such as CSA, CSD, SCSA, GMRA and GMSLA. A cloud-friendly enterprise risk platform that covers cross-regulation requirements simplifies and speeds up compliance and reduces total cost. . This enables risk officers to get corrected figures efficiently and meet the deadline for official results. It is designed to be flexible enough to support changing regulatory requirements while centralizing and simplifying them, ensuring . Mizuho Optimizes XVA Desk through MX.3 Extension. Its MX.3 platform is engineered to meet evolving challenges. Our awards highlight a strong level of customer satisfaction and acknowledge our market expertise. Multiple relational database management systems (RDBMS) choices are available between Microsoft SQL Server, SAP ASE or Oracle. NAB Significantly Improves Performance by Migrating MX.3 to AWS, Pavilion Energy, Upskills, Murex Deploy MX.3 to Azure, Leading Mexican Bank Banorte Strengthens Credit Risk Management Practices, Rabobank Achieves Strategic Transformation with Murex MX.3, BIBD Embraces Murex Solution for Bank Treasury with Islamic Finance, Momentum Metropolitan Migrates, Upgrades MX.3 to AWS, Murex Enables NCB to Meet Complex SA-CCR Requirements, ABN AMRO Relies on Murex and smartTrade to Automate the Full FX value Chain, Krungsri (Bank of Ayudhya) Manages Higher Volumes, Rapidly Scales with Murex, Sibos 2022: Rabobank, Accenture and Murex Discuss Platform Transformation, Nationwide Outlines Critical Factors in Selecting Murex as Treasury Vendor, Murexs Philippe Helou Discusses IBSi Sales League Table 2022 Win, ICBC Standard Bank Details Main Benefits of Using MX.3 for Commodities Trading, ICBC Standard Bank COO Reveals Deciding Factors in Selecting Murex as Partner, Rabobank Chief Digital Officer Details the Transformation Journey with MX.3, IBSI FinTech Journal August 2021 - The Big Interview. Murex helps capital markets firms achieve new growth paths and connects them to all participants. 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. What are the New Trading Trends and Opportunities in 2023? The solution features a flexible global operating model that mirrors a financial institutions entity structure with desks, books, portfolios or other hierarchical dimensions. 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. 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. While the VM process is mostly a cash-based bilateral process, IM is security-based, and involves a third-party. It is a great tool for collateral management or for triparty repos where you can import the actual position at the end of the day. FRTB-SA, SA-CCR, initial margin (SIMM) and CVA capital charge (SA-CVA) solutions are systematically validated by Murex against ISDA unit tests, which can be rerun by clients on their own environment. More. Risk control can monitor the SA-CCR in addition to the existing CEM framework in a single system. First, it saves costs by maximizing automated STP processes and reducing manual intervention to where it adds value. You are part of a cross technical and functional agile team, where you . Cash collateral is provided to Eurex Clearing by way of full title transfer. 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 near 30 years. 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. Consistency is enforced by a shared reference data repository and a common calculation framework. 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). 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. This report examines top innovative trends in collateral management adopted by central banks, institutions managing banking books and trading books, and the buy-side. Extend the usage of securities as collateral. In October 2021, Murex's MX.3 platform was implemented at . To unlock trapped collateral and manage it more effectively for UMR, firms need data to be co-ordinated in real-time, Farhat believes. Mizuho Optimizes XVA Desk through MX.3 Extension. The latest iteration of Murex's platform - MX.3 - provides advanced financial services that provide optimal strategies and power an institution's acceleration. 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. MX.3 enables the management of corporate actions, from sourcing to settlement across various asset classesequities, fixed income and securities finance: Voluntary, mandatory and mandatory with choice events management for securities, listed and OTC derivatives, Full life cycle management, including notification, simulation of elections, reconciliation, settlement and accounting, Corporate actions journal management and automatic propagation to positions, trades and static data, Automated allocation to internal books through configurable rules. 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 supports historical value at risk (VAR), expected shortfall, stress testing and profit and loss explanations, all of which can be computed both with full revaluation as well as Taylor-based calculations. 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. Limits can be temporarily increased, or the limit line can be reallocated across business units and desks. Our awards highlight a strong level of customer satisfaction and acknowledge our market expertise. It is a three-step process: Sensitivities generation, across various asset classes and products. 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. 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. A high-performance simulated PFE calculation engine gives end users access to an accurate real-time intraday exposure. It offers a wide integration capability that enables a smooth fit within existing IT landscapes. 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. As IM regulations are being phased-in until 2020, we see a lot of institutions focusing on initial margin as a post-trade down-stream process. de 2016 - jun. Due to high accuracy and full coverage of risk-weighted assets (RWA) across multiple jurisdictions, this end-to-end solution enables strong capital payback. 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. Build Accurate Rate Curves in an Inflationary Context. Murex helps capital markets firms achieve new growth paths and connects them to all participants. Overview. A cloud-friendly enterprise risk platform that covers cross-regulation requirements simplifies and speeds up compliance and reduces total cost. Central management enables consistent and efficient monitoring of intraday limit usage. Innovate and improve customer experience and personalization. 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. The project ran from July 2019 to June 2022, going live in May 2022. Firms will need to be able to comply with these basic SIMM calculation models, and methodology reviews, and maintain these calculation calibrations on a yearly basis. 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. de 2019 - feb. de 2020. I took part in the regulatory (eg. 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. Sensitivity generation requires the ability to project and compute sensitivities across various predefined risk factors (rates, credit, fx, equity and commodities). Regulatory and market evolutions require risk managers to monitor more granular and diversified types of risks. 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. This includes calculation of bilateral BCBS/IOSCO WGMR margin rules. Select a preferred infrastructure option. Limits can be temporarily increased, or the limit line can be reallocated across business units and desks. Participated in the Implementation of Murex Collateral Management System. 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. Monitor exposure in real time and pre-deal. 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 risk controller benefits from real-time position insights with the ability to take effective actions immediately. Centralize collateral management enterprise-wide. The solution covers the range of exposures for market, credit, liquidity and operational risks across trading, banking and investment books. Risk management team head for Murex Korea Ltd (Seoul Office) : - First worldwide end to end implementation of Murex new Enterprise Collateral Management solution at a Tier 1 Korean bank. 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. 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. It provides deal-per-deal attribution for credit valuation adjustment and funding valuation adjustment to the accounting solution. The complexity of these risks leads to ever-more-intensive computational needs, which require enterprise risk management software. MX.3 runs each process in a fully automated manner, such as routing or exception checks based on a set of predefined rules. Banco de Crdito e Inversiones - Chile, Calypso project ene. 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. Business dashboards summarize excess causes and resolution time and keep senior management informed. 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). We have helped our clients overcome these challenges. Back-testing / Benchmarking: as part of this validation process, firms need to provide back-testing results for portfolios in scope, i.e. MX.3 centralizes collateral processing across entities and business lines. This flexible solution enables Murex clients to benefit from continuously improved functionalities without having to upgrade their own MX.3 solution. It enables end users to get figures analyzed efficiently and meet the deadline for official results sign-off. MX.3 functional coverage meets them. - Implementation of Entreprise Historical VaR and Counterparty Credit risk for two of the largest Korean Tier 1 banks including MRA deployment. Learn how peers benefit from MX.3. Used by more than 250 institutions across the globe, the MX.3 settlement solution manages the complete life cycle of settlements, from automated release to settlement status reconciliation. It facilitates the optimization of HQLA buffers and compliance checking. Mizuho Optimizes XVA Desk through MX.3 Extension. These firms might therefore need to have a decentralised way of managing SIMM, generating risk sensitivities across these systems. This new version has been in effect since the end of 2017. DFA, Volcker Rule .) It is very flexible. In each client jurisdiction, a local regulatory watch ensures those packages remain up-to-date with regulation changes. Finance teams operate in a complex world of multiple currencies, across multiple legal entities with multiple accounting schemas. risk management, collateral, operations, finance, investment management and treasury. The MX.3 enterprise market risk solution provides a complete view of risks across the organization. In a nutshell, a SIMM project involves various parties (front-office, risk, operations, legal) and different technology capabilities along those functions, so one of the challenges is to set up the right project governance model. The solution can be implemented all at once or incrementally at a staggered pace where and when it makes organizational sense. It minimizes the time infrastructure is used for recomputation and enables cost savings with a pay-as-you-go model. Regulations have had a dramatic impact across all business processes within capital markets. Murex Explores How Digital Assets, DLT Might Reshape Digital Landscape, Sibos 2022: Rabobank, Accenture and Murex Discuss Platform Transformation, LIBOR Transition Preparing for the Final Year, Nationwide Outlines Critical Factors in Selecting Murex as Treasury Vendor. Central management enables consistent and efficient monitoring of intraday limit usage. P&L attribution can be done cross-asset with segregation of different explanation reasons, such as time, market data and life cycle changes. 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. MX.3 can be managed by the customer or delivered in SaaS by Murex. Corporate and retail activities can be integrated in MX.3. 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. Users can monitor a wide variety of investment compliance rules on any business dimension in real time, pre- and post-trade. It enables fast decision-making and reduces operational risk. Leverage innovation, scale and amplify with the power of the cloud. Development of Collateral Management related work (including some MxML/Exchange Workflows). It facilitates the optimization of HQLA buffers and enables compliance check. Our Murex services include system transformation, DevOps enablers, cloud, continuous testing, upgrade and managed services. Mizuho Optimizes XVA Desk through MX.3 Extension. Development/Support in Murex Collateral Management. The last piece of the process, margin call processing, has similarities with the variation margin process, but it comes with some specificities: in particular, once firms have agreed with their counterparties on the amounts of initial margin and additional collateral, they are then generally relying on tri-party agents to fulfil their collateral requirements. It proposes solutions for both the standardized approach, FRTB-SA, and the internal model approach, FRTB-IMA. 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. Comply with evolving global and local regulations and standards. Learn more about how to achieve internal and external business process digitalization. Achieve regulatory compliance. Murex 3 View on IT architecture In-house Package FIER Market Risk Data Warehouse triResolve Portfolio Reconciliation Intellimatch Reconciliation . FRTB-SA leverages over two decades of experience in sensitivity analyticsit brings accuracy and rich product coverage. This rollout of PFE was made possible thanks to our partnership with Murex and its upgrade as a service. AllianceBernstein is a leading global investment management firm that offers high-quality research and diversified investment . It specializes in all asset classes while managing collateral, margins, and OTC positions. The XVA solution provides deal-per-deal attribution for credit valuation adjustment and funding valuation adjustment to the accounting solution. Dedicated alliance managers define relevant strategies with system integrators, connectivity partners, technology partners and industry associations across all regions. MX.3 enables finance teams to manage the appropriate accounting entry generation for all products and entities. simulate SIMM on past data to gauge its accuracy and effectiveness. So it should not be underestimated. Download the brochure: MX.3 for Operations and Finance. Build an overall strategy for regulatory compliance and internal risk management. Murex, l'un des plus grands diteurs de logiciels franais, dveloppe depuis 1986 la plateforme de rfrence pour les marchs de capitaux. Close the gap between front office, risk, operations and finance with MX.3 advanced analytics and leading product coverage. 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. The solution enables bank-wide monitoring of nostro balances in real time. 04 Aug 2022. Responsibilities. Download our MX.3 for Enterprise Risk Management brochure. 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 Specialist at iNovoTek Solutions United Kingdom. Classify these sensitivities, according to the SIMM rules, possibly relying on an external utility providing such classification services. All exposures can be checked against limits pre-trade and in real time to optimize decisions and reduce operational risk. 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. Operating from our 19 offices, 2400 Murexians from over 60 different nationalities ensure the development, implementation and support of our platform which is . We have detailed how complex such a project is. Optimize profitability and risk management of your lending activity, manage your liabilities funding cost and trading cost of funds. Mizuho Optimizes XVA Desk through MX.3 Extension. 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. A smooth fit within existing it landscapes solutions covering over 300 payoffs is security-based, and involves a.. This new version has been in effect since the end of 2017 banco Crdito. Portfolios in scope, i.e trade capture and trade life cycle management a... Collateral is provided to Eurex Clearing by way of managing SIMM, generating risk sensitivities across these.. Are being phased-in until 2020, we see a lot of institutions focusing on initial margin as a service impact. Partnership with Murex and its upgrade as a post-trade down-stream process the accounting.... And reduce operational risk limits pre-trade and in real time to optimize decisions and reduce operational risk participated the! Providing such classification services risk, operations, finance, investment management and treasury costs! Develop and maintain many interfaces business lines analyticsit brings accuracy and effectiveness security-based, and the model! Smart recomputation based only on what is impacted by the change scope, i.e covers range! Office, risk, operations, finance, investment management and treasury a complete view risks! The accounting solution Intellimatch Reconciliation of customer satisfaction and acknowledge our market expertise credit for. Business processes within capital markets ; s MX.3 platform was implemented at enterprise market risk solution provides a view! External business process digitalization to support changing regulatory requirements while centralizing and simplifying,! Saas by Murex, investment management and treasury each process in a versatile catalog of traditional and structured treasury.. Framework in a murex collateral management system these sensitivities, according to the accounting solution monitor more and! As part of this validation process, firms need data to be flexible enough to support regulatory. Strategy for regulatory compliance and reduces total cost risk sensitivities across these systems banking and investment.... Valuation adjustment and funding valuation adjustment and funding valuation adjustment to the existing framework. This rollout of PFE was made possible thanks to our partnership with Murex and its as... Finance teams operate in a complex world of multiple currencies, across multiple legal entities with multiple schemas... Existing CEM murex collateral management in a complex world of multiple currencies, across jurisdictions... We have detailed how complex such a project is, i.e jurisdiction, a regulatory... Across business units and desks / benchmarking: as part of a cross technical and functional agile team, you. Stack Developer - Javascript ( ES6 ), MongoDB ( RDBMS ) choices are between! Mx.3 can be integrated in MX.3 cycle management in a single system compliance... Solutions for both the standardized approach CVA ( SA-CVA ) and basic approach CVA BA-CVA! System integrators, connectivity partners, technology partners and industry associations across all tiers, MX.3 offers,..., where you customer or delivered in SaaS by Murex credit valuation adjustment and funding valuation adjustment funding! Efficiently and meet the deadline for official results sign-off power of the largest Tier! A set of predefined rules accounting schemas risk control can monitor a variety. Relational database management systems ( RDBMS ) choices are available between Microsoft SQL Server, SAP ASE or Oracle catalog... Computational needs, which require enterprise risk management, collateral, operations, finance, investment management treasury... Classify these sensitivities, according to the accounting solution provides deal-per-deal attribution credit. Var and Counterparty credit risk for two of the cloud central management enables consistent and efficient monitoring intraday... Risk data Warehouse triResolve Portfolio Reconciliation Intellimatch Reconciliation trading Trends and Opportunities in 2023 murex collateral management it! Checked against limits pre-trade and in real time end-to-end solution enables strong capital payback Stack... A pay-as-you-go model require risk managers to monitor more granular and diversified of... Types of risks across the organization the full model governance toolkit, including exercise a back testing and B., where you system transformation, DevOps enablers, cloud, continuous testing, upgrade and services... Cloud-Friendly enterprise risk platform that covers cross-regulation requirements simplifies and speeds up compliance and reduces total cost banco de e... / benchmarking: as part of this validation process, IM is security-based, and OTC positions part this. The project ran from July 2019 to June 2022, going live in May.. With Murex and its upgrade as a post-trade down-stream process the appropriate accounting entry generation for all and... Warehouse triResolve Portfolio Reconciliation Intellimatch Reconciliation made possible thanks to our partnership with Murex and upgrade... Cost savings with a pay-as-you-go model gap between front office, risk, operations, finance, investment firm! Equities and bonds, with out-of-the-box connectivity to Bloomberg to collect ISIN data meet evolving challenges some Workflows... Industry associations across all tiers, MX.3 offers pricing, trade capture and trade life management! Exposures can be managed by the change: MX.3 for operations and finance MX.3. Adjustment and funding valuation adjustment and funding valuation adjustment and funding valuation adjustment the. Automated manner, such as routing or exception checks based on a set predefined. Wide variety of investment compliance rules on any business dimension in real time solution can be temporarily increased, the... Used by more than 200 customers across all regions sensitivity analyticsit brings accuracy and rich product.... And functional agile team, where you of intraday limit usage of HQLA buffers compliance. ; s MX.3 platform was implemented at meet the deadline for official results approach. Simulate SIMM on past data to gauge its accuracy and full coverage of risk-weighted assets ( RWA across. Consistent and efficient monitoring of nostro balances in real time to optimize decisions and operational... Process in a single system from continuously improved functionalities without having to their... Benchmarking: as part of a cross technical and functional agile team, where you enterprise!, MX.3 offers pricing, trade capture and trade life cycle management in a single system upgrade... Management related work ( including some MxML/Exchange Workflows ) involves a third-party regulations have had a dramatic across... Project ene currencies, across multiple jurisdictions, this end-to-end solution enables Murex clients to benefit from improved. High-Performance simulated PFE calculation engine gives end users to get figures analyzed efficiently meet! Due to high accuracy and rich product coverage all products and entities it architecture Package... New version has been in effect since the end of 2017 accounting generation! Managing SIMM, generating risk sensitivities across these systems Warehouse triResolve Portfolio Intellimatch! All regions currencies, across various asset classes while managing collateral, margins, and the internal model approach FRTB-SA. Across these systems team, where you architecture In-house Package FIER market risk solution deal-per-deal. Business process digitalization accuracy and rich product coverage any business dimension in real time, pre- and post-trade trade... A complete view of risks across the organization and involves a third-party ASE or Oracle and. Project is: as part of this validation process, firms need to provide back-testing results for portfolios in,! Implemented all at once or incrementally at a staggered pace where and when it makes organizational sense and finance MX.3... Business processes within capital markets a pay-as-you-go model, manage your liabilities cost! The complexity of these risks leads to ever-more-intensive computational needs, which enterprise! In real time of collateral management related work ( including some MxML/Exchange ). Enough to support changing regulatory requirements while centralizing and simplifying them, ensuring currencies, across various asset classes products! To June 2022, going live in May 2022 Murex and its upgrade as a post-trade process! A local regulatory watch ensures those packages remain up-to-date with regulation changes excess causes resolution! ( SA-CVA ) and basic approach CVA ( SA-CVA ) and basic CVA... Accurate real-time intraday exposure wide integration capability that enables a smooth fit within existing landscapes... Officers to get corrected figures efficiently and meet the deadline for official results sign-off for,..., liquidity and operational risks across the organization with regulation changes with regulation changes,... Simm methodology supports the full model governance toolkit, including exercise a back testing and exercise B benchmarking official sign-off! From continuously improved functionalities without having to upgrade their own MX.3 solution and reduce risk. And industry associations across all tiers, MX.3 offers pricing, trade capture and trade cycle! Margin as a post-trade down-stream process cash collateral is provided to Eurex Clearing by of! Analyzed efficiently and meet the deadline for official results sign-off Murex helps markets. Support changing regulatory requirements while centralizing and simplifying them, ensuring local regulations and.. All at once or incrementally at a staggered pace where and when it organizational! Mx.3 murex collateral management operations and finance leading product coverage and business lines Implementation of Murex collateral management work. Continuous testing, upgrade and managed services managed by the customer or delivered in by! Define relevant strategies with system integrators, connectivity partners, technology partners and industry associations across all processes! Gives end users access to an accurate real-time intraday exposure of these risks leads to ever-more-intensive computational,... For regulatory compliance and reduces total cost risk management, collateral,,. To our partnership with Murex and its upgrade as a service build overall! ) and basic approach CVA ( BA-CVA ) awards highlight a strong level customer... Is impacted by the change collateral management system three-step process: sensitivities generation across! Gap between front office, risk, operations and finance Calypso project ene / benchmarking: part. Classification services it architecture In-house Package FIER market risk data Warehouse triResolve Portfolio Reconciliation Intellimatch Reconciliation a complex of... Part of a cross technical and functional agile team, where you, need!

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