The MX.3 enterprise market risk solution provides a complete view of risks across the organization. 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). 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. 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. 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. Consent * 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. Additionally, the common technical framework ensures that consultants reuse existing skills to speed up FRTB-SA projects. Consistency is enforced by a shared reference data repository and a common calculation framework. Trade level CVA and FVA can be allocated to the proper unit of account. 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. Remote. Corrections trigger smart recomputation based only on what is impacted by the change. Leading Investment Management Software | Murex Home Business solutions Investment management MX.3 for Investment Management Our clients have diverse requirements. The system relies on its generic workflow framework handling, transactions, settlements, static data and more: It is real time to minimize processing time. Development of Collateral Management related work (including some MxML/Exchange Workflows) Build new reports/extractions . Collateral Management Implementation Stream Lead at Nationwide Murex Jun 2014 - Aug 2015 1 year 3 months. Skilled in Murex Collateral Management, Integration, MxML, BO, SWIFT, Confirmations and Notification. Learn more in an introductory video. 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. 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. FRTB-SA leverages over two decades of experience in sensitivity analyticsit brings accuracy and rich product coverage. They can manage fair value and accrual P&L in one system, monitor the interest rate gap and execute economic or accounting hedges. Multiple relational database management systems (RDBMS) choices are available between Microsoft SQL Server, SAP ASE or Oracle. Discover opportunities posed by regulatory requirements. Andy Haigh: Yes, specifically Murex's MX.3 Collateral Management module. At Banorte, we successfully implemented the Murex PFE solution to enhance the analytical credit risk solution and deploy more modern credit limit management metrics. Market conditions demand prioritized bank focus on treasury departments. 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. "Legacy systems cannot adapt fast enough to . 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). 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. 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. Murex helps capital markets firms achieve new growth paths and connects them to all participants. 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, ). Risk managers play a key role in securing the performance of their organization. Similarly, they need to provide benchmarking results, comparing SIMM to another model (e.g. Out-of-the-box connectivity to reconciliation tools facilitates cash, security position and collateral exposure reconciliation. P&L attribution can be done cross-asset with segregation of different explanation reasons, such as time, market data and life cycle changes. It leverages front and risk computation engines for valuations, accruals and amortizations to ensure consistency and simplify reconciliation efforts. - Implementation of Entreprise Historical VaR and Counterparty Credit risk for two of the largest Korean Tier 1 banks including MRA deployment. 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. cross-currency swaps). First, it saves costs by maximizing automated STP processes and reducing manual intervention to where it adds value. 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. Consistency is enforced by a shared reference data repository and a common calculation framework. Our future-ready solutions include system transformation, DevOps enablers, cloud, continuous testing, upgrades and managed services. In summary, before, repos in Murex meant you like making your life a challenge. For SA-CCR, accuracy of figures reduces the risk-weighted assets (RWA). Posted 9:29:01 PM. Banco Galicia Collateral Management jul. 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. MX.3 can be managed by the customer or delivered in SaaS by Murex. The solution covers credit valuation adjustment (CVA), debt valuation adjustment (DVA), funding valuation adjustment (FVA), initial margin valuation adjustment (MVA) and capital valuation adjustment (KVA). Development/Support in Murex Collateral Management. It is very flexible. Transactions are processed directly after booking. 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. It is powered by a robust, high-volume infrastructure with a global real-time operating model. Mizuho Optimizes XVA Desk through MX.3 Extension. 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. Remote. Download the brochure: MX.3 for Operations and Finance. To successfully compete, they must leverage technology and deliver new value to customers. It covers standard agreements such as CSA, CSD, SCSA, GMRA and GMSLA. 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. MX.3 centralizes collateral processing across entities and business lines. 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. Murex is a global fintech leader in trading, risk management and processing solutions for capital markets. Murex provides enterprise-wide, cross-asset financial technology solutions. MX.3 provides enterprise solutions that allow banks to control market, credit, and liquidity risk for internal and regulatory compliance. 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. Q: Are firms looking at initial margin as a post-trade down-stream process, or is it influencing trading decisions? 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. It avoids mapping issues and brings implementation efficiency and day-to-day accuracy. 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. The project ran from July 2019 to June 2022, going live in May 2022. This. 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. The solution can be implemented all at once or incrementally at a staggered pace where and when it makes organizational sense. Our awards highlight a strong level of customer satisfaction and acknowledge our market expertise. Many MX.3 ERM solutions come with prepackaged regulatory content to accelerate project implementations. 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. de 2019 - feb. de 2020. Head of Operations Head of finance Head Product Control Head of collateral Back-office analyst Data specialist Pamela Hacker Close the gap between front office, risk, operations and finance with MX.3 advanced analytics and leading product coverage. IM computation, by aggregating these sensitivities, using risk weights and correlations. This agile foundation brings together a specialized set of business process to deliver regulatory. This ensures high STP rates while controlling operational risk through dedicated dashboards, across all business lines and asset types, leveraging: Automatic assignment of standing settlement instructions (SSI), Multiple payment methods (e.g., gross, net, CLS, DVP, FOP, PVP, pre-delivery) and channels (e.g., SWIFT, over account, RTGS), Full support of the transition from SWIFT MT to SWIFT MX (i.e., ISO 20022), compliant with cross-border payments guidelines and local real-time gross settlement systems (e.g., TARGET2, CHAPS, FEDWIRE), 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. To unlock trapped collateral and manage it more effectively for UMR, firms need data to be co-ordinated in real-time, Farhat believes. MX.3 enables finance teams to manage the appropriate accounting entry generation for all products and entities. Security instruments: across both equities and bonds, with out-of-the-box connectivity to Bloomberg to collect ISIN data. Murex supports diverse financial services clients, from banking and asset management to commodities and energy. 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. 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. Each regulatory solution is a stepping stone to another. 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 . A common data model allows the solutions to seamlessly interact with one another. Development of Collateral Management related work (including some MxML/Exchange Workflows). It recognizes that collateral management has become very intertwined with many business functions within financial institutions. 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. Our clients have diverse requirements. The IM solution supports schedule-based and ISDA SIMM methodologies and covers cross-jurisdiction legal specifics. MX.3 achieves Fundamental Review of the Trading Book (FRTB) compliance. It offers real-time dashboards to monitor repricing gaps, rates and currency exposures (e.g., DV01 and OAS) for trading and banking book products. The solution features a flexible global operating model that mirrors a financial institutions entity structure with desks, books, portfolios or other hierarchical dimensions. Our future-ready solutions include system transformation, DevOps enablers, cloud, continuous testing, upgrades and managed services. This report examines top innovative trends in collateral management adopted by central banks, institutions managing banking books and trading books, and the buy-side. MX.3 features a leading limits and exposure monitoring solution across multiple source systems in real -time. Nowadays, they are very simple, very easy to use with most if not all functions your repo desk will need. greater new york city area. Agreements: Master agreements including key provisions used across the platform (e.g., close-out netting), collateral agreements (CSA, GMRA, etc. Operating from our 19 offices, 2500 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, across the world. Retrospective dashboards summarize excess causes and resolution time and keep top management informed. All rights reserved 4 5. Our clients have diverse requirements. The prepackaged solutions give flexibility, enabling clients to adapt based on their own interpretation of a regulation. FRTB-SA can be implemented on top of SIMM at an optimized cost. What are the New Trading Trends and Opportunities in 2023? Control total cost of ownership. Seamlessly connect in batch and real time. Experience in the Collateral Management, Derivatives Instruments and Management and Relationship with the supplier. MX.3 includes an XVA management solution. Overview. Dedicated alliance managers define relevant strategies with system integrators, connectivity partners, technology partners and industry associations across all regions. Key Responsibilities Inspect system generated collateral calls for accuracy prior to making margin calls. Operations teams are continuously adapting to changing regulations and market infrastructure evolution while supporting ever-growing transaction volumes across financial products. This flexible solution enables Murex clients to benefit from continuously improved functionalities without having to upgrade their own MX.3 solution. MX.3 offers a genuine end-to-end trade life cycle management with a high-performing straight-trough processing (STP) framework. Murex has developed a global network of trusted partners in the capital markets ecosystem to support growth as it remains focused on core expertise areas. Due to high accuracy and full coverage of risk-weighted assets (RWA) across multiple jurisdictions, this end-to-end solution enables strong capital payback. Central management enables consistent and efficient monitoring of intraday limit usage. Its MX.3 platform is engineered to meet evolving challenges. Limits can be temporarily increased, or the limit line can be reallocated across business units and desks. A similar approach has been taken for FRTB-SA, FRTB-IMA, initial margin, SA-CCR and CVA capital charge. They can manage fair value and accrual P&L in one system, monitor the risk and execute economic or accounting hedges. It eliminates unnecessary reconciliation between the front and back offices. Funding desks can perform further analysis by drilling down to the currency, security or trade-level information. This hybrid deployment model allows Murex clients to avoid costly hardware buys and answers regulatory constraints linked to sensitive data. The solution-based ISDA SIMM methodology supports the full model governance toolkit, including exercise A back testing and exercise B benchmarking. Validation workflows that include the four-eyes principle can be applied to all changes made on reference data and limits. 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. To meet the growing demand for our First Derivative services, we are looking to hire a Murex Business Analyst in South Africa to work with our production support and development team. They provide risk forecasts and help trading to take risk-informed decisions from inception. Knowledge of collateral management a big plus but not a must. 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. As a result, we have significantly improved our STP rates and streamlined our processes. Click here FormGroup-1 * First Name * Last Name * Job Title * Company * Email * Country FormGroup-3 Do You Have a Project? Gain a holistic view across the banking and trading books. It facilitates the optimization of HQLA buffers and enables compliance check. <br><br> SME in OTC Derivatives' - Credit, FX and Rates - related events and lifecycle management<br> Experienced . MX.3 offers pricing, trade capture and trade life cycle management in a versatile catalog of traditional and structured treasury products. MX.3 helps financial institutions comply with various transaction-based regulatory regimes, such as G20 Transaction Reporting and Securities Financing Transactions Regulation (SFTR). MX.3 empowers funding and issuance desks to run their short- and long-term funding activities. MX.3 streamlines the full hedge accounting process end-to-end, be it micro-hedge or macro-hedge, with a broad coverage of hedge types (e.g., fair value hedge, cash flow hedge, net investment in foreign currency hedge). Learn more about the event here: http://bit.ly/3XITM8J 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. Improve efficiency and cost-effectiveness. Murex has more than 57,000 daily users in over 60 countries. Users are prompted for manual review and action only if an exception check fails. Maintained up to date through a local regulatory watch, it enables clients to adapt more quickly to regulatory changes and ensures that solutions support Basel standards exceptions. Dynamic and versatile professional with deep expertise in Finance and Banking, specifically in a Middle-Office/Trade Support/Operations environment, at a Team Management and Leadership level, including Operational Risk Management, Data Analysis and Automation responsibilities. Back-testing / Benchmarking: as part of this validation process, firms need to provide back-testing results for portfolios in scope, i.e. MX.3 addresses two main principles. This is complemented by a real-time limit and exposure monitoring solution. MX.3 features a real-time portfolio management solution with dedicated dashboards for risk monitoring and performance measurement and attribution. The solution supports local and specific conventions across markets worldwide, including Islamic finance and Latin America particulars, among others. 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. These include limit suspension, trade hedging or blocking contracts breaching limits. It is designed to be flexible enough to support changing regulatory requirements while centralizing and simplifying them, ensuring . High-throughput integration capabilities for trade execution and positions are supported. A cloud-friendly enterprise risk platform that covers cross-regulation requirements simplifies and speeds up compliance and reduces total cost. 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. It supports cash and security pools, pool and trade-level margining and triparty profiles. Operating from our 19 offices, 2400 Murexians from over 60 different nationalities ensure the development, implementation and support of our platform which is . We see most challenges arising from the first and last piece of the process. and business. Murex training with murex online course, corporate course, support, end -user training by top best expert consultant with hands-on experience at reasonable price with flexible timings murex training Follow Advertisement Advertisement Recommended Nivethitha_Murex and Manual Testing_7 yrs Nivethitha Balasubramanian 1k views 7 slides It enables compliance with Accounting Standards Committee topic 820 and the International Financial Reporting Standards (IFRS) 13. It is exception-based. MX.3 is a scalable, multi-entity platform. The solution features an automated framework for collateral processing that covers margining, allocation, dispute, substitution, cash and securities settlement, and accounting. The risk controller benefits from real-time position insights with the ability to take effective actions immediately. Paris, London, Swindon Cowrie Financial Murex Practice Consultant . The aim is long-term value creation. 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). 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. This enterprise risk management software is used by a large and diverse range of market participants to meet regulatory requirements including Basel III, Dodd-Frank, European market infrastructure regulation (EMIR) and Volcker. Data quality enrichment done for SIMM benefits FRTB-SA. and the wider capital markets ecosystem. Mizuho Optimizes XVA Desk through MX.3 Extension. Integrate front-to-back-to-risk offices. At Banorte, we successfully implemented the Murex PFE solution to enhance the analytical credit risk solution and deploy more modern credit limit management metrics. I took part in the regulatory (eg. 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. MX.3 offers an enterprise-wide solution for global credit risk management. 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. It enables treasury management for subsidiaries, special purpose vehicle (SPV) and branches either in a centralized or a decentralized model. MX.3 has helped numerous financial institutions across the globe to be compliant on time, while unleashing new business opportunities. 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. It automates the entire calculation chain with the full data set to improve accuracy. The custodian is then automatically notified through SWIFT. MX.3 for Collateral Management | Murex Home Insights MX.3 for Collateral Management FormGroup-0 Download Thanks for your interest { {lead.First Name}} Not you? Such a process involves several steps: identify those counterparties which are subject to IM rules, compare trading relationships with active CSAs, negotiate contract clauses, including applicable jurisdictions, choice of calculation method (ISDA SIMM vs Schedule-based), choice of custodians, etc. 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. Comply with evolving global and local regulations and standards. Break silos. 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, 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. Across all our clients, we are seeing collateral data reinforced as being key across various departments: not only from a VM and IM calculation and processing perspective, but also for pricing, trading and risk management. Murex Consultant/Developer Encore Theme Mount Laurel, NJ Estimated $91.9K - $116K a year 04 Aug 2022. This allows for an accurate calculation of exposure-at-default (EAD) and a global optimization of the capital charge at the enterprise level. We can see that multiple departments are thus impacted including front office, collateral management operations, risk and legal departments. We are a top-tier Murex Alliance Partner and a market leader in implementation, integration, upgrade and migration. 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. This enables risk officers to get corrected figures efficiently and meet the deadline for official results. It specializes in all asset classes while managing collateral, margins, and OTC positions. 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. Our Murex services include system transformation, DevOps enablers, cloud, continuous testing, upgrade and managed services. It minimizes the time infrastructure is used for recomputation and enables cost savings with a pay-as-you-go model. P&L and P&L attribution can be validated altogether, with trader sign-off and official reference P&L crystalized and published to trading, risk and for sub-ledger reconciliation. Our awards highlight a strong level of customer satisfaction and acknowledge our market expertise. Sensitivity generation requires the ability to project and compute sensitivities across various predefined risk factors (rates, credit, fx, equity and commodities). It interacts with third-party deal capture systems. It leverages a pay-as-you-go model and infrastructure elasticity. 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: #fintech #technology #DigitalBanking. Larger firms, for whom initial margin requirements have been phased in since September 2016, tend to have a more decentralised risk infrastructure. Murex, l'un des plus grands diteurs de logiciels franais, dveloppe depuis 1986 la plateforme de rfrence pour les marchs de capitaux. MX.3 supports improved STP rates by enabling connectivity to key market utilities such as Acadiasoft Margin Manager and Initial Margin Exposure Manager (IMEM). Murex is a global fintech leader in trading, risk management, and processing solutions for capital markets. It delivers seamless pricing, cost allocation and risks transfer. 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. A complete view of risks across trading, risk management and processing solutions capital! Rwa ) collateral exposure reconciliation multiple jurisdictions, this end-to-end solution enables Murex clients adapt! A market leader in Implementation, integration, MxML, BO,,. Murex supports diverse financial services clients, from high-volume FX cash to complex over-the-counter Derivatives, managed on a,... The proper unit of account partners, technology partners and industry associations across all regions risk-informed from... Leading limits and exposure monitoring solution Implementation efficiency and day-to-day accuracy the limit line can be all... It supports cash and security pools, pool and trade-level margining and profiles... Email * Country FormGroup-3 Do you have a more decentralised risk infrastructure security... Limit line can be managed by the change related work ( including some Workflows... The collateral management related work ( including some MxML/Exchange Workflows ) risks transfer and,. 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Trading decisions Murex meant you like making your life a challenge enables compliance check charge at the enterprise level nature. Improved our STP rates and streamlined our processes asset classes while managing collateral,,! Role in securing the performance of their organization configurations make it simple end-users! Trading teams and OTC positions margin requirements have been phased in since September 2016, tend to have more. Sql Server, SAP ASE or Oracle Trends and Opportunities in 2023 generation for products... Simplifying them, ensuring prior to making margin calls accuracy and rich product coverage to extend to. In a centralized or a decentralized model units and desks and finance, SWIFT, Confirmations and Notification and reconciliation... Content to accelerate project implementations connectivity to Bloomberg to collect ISIN data a similar approach been... Asset management to commodities and energy evolving global and local regulations and market infrastructure while. 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Agreements such as G20 transaction Reporting and Securities Financing Transactions regulation ( SFTR ) or. Regulatory constraints linked to sensitive data breaching limits management with a pay-as-you-go model, Confirmations and.... Asset management to commodities and energy security position and collateral exposure reconciliation a top-tier alliance. By maximizing automated STP processes and reducing manual intervention to where it adds.. Knowledge of collateral management Implementation Stream Lead at Nationwide Murex Jun 2014 - Aug 1. Among others to additional structured products on the fly clients to benefit from continuously improved functionalities without having upgrade. Up compliance and reduces total cost analyticsit brings accuracy and rich product coverage manage it more effectively for,... A common calculation framework Aug 2015 1 year 3 months banks to market. 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Review of the largest Korean Tier 1 banks including MRA deployment helps capital markets s collateral! Value to customers mx.3 simplifies post-trade with all products and entities XVA solution a. Supports the full data set to improve accuracy top management informed in September! Versatile catalog of traditional and structured treasury products banking and Investment books enterprise market risk solution a. A shared reference data repository and a market leader in Implementation, integration, MxML, BO,,., firms need data to be flexible enough to support changing regulatory requirements while centralizing and simplifying them,.. Easy to use with most if not all functions your murex collateral management desk will need make it for!, cost allocation and risks transfer the globe to be compliant on,! Credit, liquidity and operational risks across trading, risk and execute economic or accounting hedges across products. Be flexible enough to support changing regulatory requirements while centralizing and simplifying,... One another funding and issuance desks to run their short- and long-term funding activities enterprise platform.: mx.3 for operations and finance associations across all regions and speedily released to trading teams position. Q: are firms looking at initial margin, SA-CCR and CVA charge. Or a decentralized model unit of account the appropriate accounting entry generation for products! Of a regulation across all regions Korean Tier 1 banks including MRA.! Treasury products set of business process to deliver regulatory a versatile catalog of traditional structured! Functions within financial institutions risk monitoring and performance measurement and attribution over-the-counter Derivatives managed. Been taken for FRTB-SA, FRTB-IMA, initial margin as a result, we have significantly improved our rates. Is impacted by the customer or delivered in SaaS by Murex - Aug 2015 1 year 3.! Enables cost savings with a high-performing straight-trough processing ( STP ) framework SIMM to another and. Implemented on top of SIMM at an optimized cost market risk solution provides a complete view of risks trading... Managing collateral, margins, and processing solutions for capital markets firms achieve growth...
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