Seize market opportunities. Murex invested early in regulatory risk solutions, and has been following evolutions with clients ever since, often offering updated packages for legacy installations to meet overlapping and shifting regulatory deadlines. 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. Nowadays, they are very simple, very easy to use with most if not all functions your repo desk will need. Posted: February 28, 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. 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. Out-of-the-box connectivity to reconciliation tools facilitates cash, security position and collateral exposure reconciliation. Corrections trigger smart recomputation based only on what is impacted by the change. MX.3 addresses two main principles. To analyze figures, credit risk officers take advantage of in-memory aggregation technology. From their day-to-day screen, they can slice and dice and drill down to the finest calculation inputs, such as trades, sensitivities, reference data and scenarios. Murex has more than 57,000 daily users in over 60 countries. This new version has been in effect since the end of 2017. The solution covers the range of exposures for market, credit, liquidity and operational risks across trading, banking and investment books. Nos vemos en CDMX entre el 7-9 Marzo!. ComDer Clearing House - Chile, Calypso project . 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). MX.3 is our award-winning open platform that sits at the heart of our clients' IT infrastructure. It enables compliance with Accounting Standards Committee topic 820 and the International Financial Reporting Standards (IFRS) 13. 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. Remote. 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. FRTB-SA leverages over two decades of experience in sensitivity analyticsit brings accuracy and rich product coverage. All exposures can be checked against limits pre-trade and in real time to optimize decisions and reduce operational risk. Murex helps capital markets firms achieve new growth paths and connects them to all participants. In October 2021, Murex's MX.3 platform was implemented at . At Banorte, we successfully implemented the Murex PFE solution to enhance the analytical credit risk solution and deploy more modern credit limit management metrics. MX.3 can be managed by the customer or delivered in SaaS by Murex. Murex Collateral Workflow Resource. With automated and integrated business processes, including trade management, document management, risk calculation, reporting and sub-ledger functionality, this solution helps reduce operational risk by providing: Smart designation of hedges by traders and product control with pre-defined strategies, Specific events (e.g., de-designation, rebalancing, refresh) with a full audit trail, Retrospective and prospective effectiveness measurements using various qualitative and quantitative methods, Dashboard to monitor effectiveness and P&L impacts of designated hedges, Automatic generation of documentation with hedge characteristics, A process for bucketing macro-hedge relationship flows and optimization of asset and liability usage, Prepackaged and customizable hedge accounting schemas, dedicated reporting tools and live screen reporting. Consistency is enforced by a shared reference data repository and a common calculation framework. It proposes solutions for both the standardized approach, FRTB-SA, and the internal model approach, FRTB-IMA. Operating from our 18 offices, 2400 Murexians from over 60 different nationalities ensure the development, implementation, and support of our platform, which is used by banks, asset managers, corporations, and utilities worldwide. 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. Murex has over 2,500 team members across 19 locations who provide cutting-edge technology, superior customer service and unique product innovation. It is an integrating platform to optimize liquidity management, precisely measure risk and control operational cost. We see most challenges arising from the first and last piece of the process. 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. 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. Murex, l'un des plus grands diteurs de logiciels franais, dveloppe depuis 1986 la plateforme de rfrence pour les marchs de capitaux. WHAT WE DELIVERED: With the successful introduction of collateral management on Murex, the client achieved their goal of setting up a future-proof and cost-effective collateral management architecture and platform. MX.3 provides enterprise solutions that allow banks to control market, credit, and liquidity risk for internal and regulatory compliance. What are the New Trading Trends and Opportunities in 2023? de 2016 - jun. MX.3 features a leading limits and exposure monitoring solution across multiple source systems in real -time. MX.3 offers an end-to-end enterprise-wide solution used by more than 120 customers across all tiers to meet regulatory requirements. 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. Leverage innovation, scale and amplify with the power of the cloud. Have handson work experience of Java, Spring, ORacle and Sybase db. and the wider capital markets ecosystem. It delivers seamless pricing, cost allocation and risks transfer. 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). These firms might therefore need to have a decentralised way of managing SIMM, generating risk sensitivities across these systems. Consent * Smaller firms use our platform front-to-back, and need not only to generate CRIF-formatted sensitivities, but also rely on our capabilities to compute initial margin, and use our collateral operations to generate margin calls. 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 accuracy and reliability. Mizuho Optimizes XVA Desk through MX.3 Extension. Gain a holistic view across the banking and trading books. From their day-to-day screen, they can slice and dice and drill down to the finest calculation inputs without recalculation. It provides the optionality to apply advanced treatments for exotics instead of conservative approximations (e.g., breaking down a cap/floor transaction into individual caplets for each flow). MX.3 functional coverage meets them. The solution covers the range of exposures for market, credit, liquidity and operational risks across trading, banking and investment books. 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. The enterprise risk management solution builds on the MX.3 platform. This is a permanent full-time role, where employees are required onsite 3 days per week. Operational efficiency can be maximized with bilateral and cleared relationships seamlessly managed within one system. Having one system removes the need to develop and maintain many interfaces. Mizuho Optimizes XVA Desk through MX.3 Extension. A high-performance simulated PFE calculation engine gives end users access to an accurate real-time intraday exposure. 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. Rahba: Lets look at the end-to-end process of getting IM calls settled on a daily basis. Somaiya COE, Mumbai | Learn more about Sachin . Mizuho Optimizes XVA Desk through MX.3 Extension. Murex helps capital markets players scale and amplify MX.3 platform benefits with the power of the cloud. 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. 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. Infrastructure provisioning linked to intraday corrections is optimized because of a surgical recomputation based on what is impacted by changes. 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. Development of Collateral Management related work (including some MxML/Exchange Workflows). MX.3 functional coverage meets them. MX.3 addresses the requirements of modern treasuries. Leading Investment Management Software | Murex Home Business solutions Investment management MX.3 for Investment Management Our clients have diverse requirements. Holiday calendars: with connectivity to market utilities such as Swaps Monitor. 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. 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. Murex has today announced extended reconciliation functionality in its MX.3 collateral management offering, Murex Collateral Manager. 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. Financial institutions have entered a digital race. Mizuho Optimizes XVA Desk through MX.3 Extension, 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, Sibos 2022: Rabobank, Accenture and Murex Discuss Platform Transformation, ICBC Standard Bank COO Reveals Deciding Factors in Selecting Murex as Partner, ICBC Standard Bank Details Main Benefits of Using MX.3 for Commodities Trading, Bankdata Details Largest Re-platforming Program, Rabobank Chief Digital Officer Details the Transformation Journey with MX.3, MX.3 Enterprise Risk and Regulatory Suite. 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