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. Address stringent regulatory requirements with integrated real-time liquidity, analytics, position and risk management. Many MX.3 ERM solutions come with prepackaged regulatory content to accelerate project implementations. This rollout of PFE was made possible thanks to our partnership with Murex and its upgrade as a service. It leverages a pay-as-you-go model and infrastructure elasticity. 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). 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. de 2019 - feb. de 2020. 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. The solutions powerful workflow framework for trade, settlement and confirmation processes produces extremely high level of automation along the entire value chain. DFA, Volcker Rule .) Market conditions demand prioritized bank focus on treasury departments. Leverage innovation, scale and amplify with the power of the cloud. MX.3 can be managed by the customer or delivered in SaaS by Murex. Optimize High-quality liquid asset (HQLA) buffers and unlock investment opportunities. 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. 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. Dedicated alliance managers define relevant strategies with system integrators, connectivity partners, technology partners and industry associations across all regions. Beyond the automation capabilities enabled, which include margining, allocation, settlement and accounting, MX.3 is designed and uniquely positioned to provide integrated functions: optimize allocations according to cheapest to deliver, maintain enterprise inventory of securities, integrate with securities finance, refine XVA pricing and risk management and comply with regulations such as SFTR and SA-CCR. MX.3 empowers funding and issuance desks to run their short- and long-term funding activities. 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. 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. MX.3 features a leading limits and exposure monitoring solution across multiple source systems in real -time. Right after an execution is done, the process is automated with platforms such as DTCC CTM and Markitwire or the SWIFT matching solution. All business objects come with standard data management functionalities (e.g., lineage, extension capabilities, audit, four-eyes validation) and can be synchronized with external repositories. It is powered by a robust, high-volume infrastructure with a global real-time operating model. Participated in the Implementation of Murex Collateral Management System. Our awards highlight a strong level of customer satisfaction and acknowledge our market expertise. So it should not be underestimated. The solution provides a complete view of the risks taken by the organization. Operating from our 19 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, across the world. Murex is a global fintech leader in trading, risk management and processing solutions for capital markets. These firms might therefore need to have a decentralised way of managing SIMM, generating risk sensitivities across these systems. ("Murex"), the leading provider of integrated trading, risk, collateral and processing solutions, and AcadiaSoft Inc ("AcadiaSoft") are p Security instruments: across both equities and bonds, with out-of-the-box connectivity to Bloomberg to collect ISIN data. Due to high accuracy and full coverage of risk-weighted assets (RWA) across multiple jurisdictions, this end-to-end solution enables strong capital payback. To unlock trapped collateral and manage it more effectively for UMR, firms need data to be co-ordinated in real-time, Farhat believes. Validation workflows that include the four-eyes principle can be applied to all changes made on reference data and limits. 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's flexible structuring tool and adaptable configurations make it simple for end-users to extend coverage to additional structured products on the fly. Second, it provides control,with tools to monitor and act on exceptions along with a cradle-to-grave audit trail. Murex is a global fintech leader in trading, risk management and processing solutions for capital markets. Skilled in Murex Collateral Management, Integration, MxML, BO, SWIFT, Confirmations and Notification. 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. Learn more about the event here: http://bit.ly/3XITM8J Download the brochure: MX.3 for Bank Treasury, Head of Operations and Strategic Development, Nationwide Building Society, treasury division. Our awards highlight a strong level of customer satisfaction and acknowledge our market expertise. 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. 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 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 future-ready solutions include system transformation, DevOps enablers, cloud, continuous testing, upgrades and managed services. "Legacy systems cannot adapt fast enough to . MX.3 enables institutions to achieve these objectives from trade booking to affirmation / confirmation, down to settlement and position management. The solution also supports the computation and transfer of funding valuation adjustment (FVA) for derivatives transactions. MX.3s fully integrating platform model enables streamlined collaboration across all departments. Learn more about how to achieve internal and external business process digitalization. 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. Limits can be temporarily increased, or the limit line can be reallocated across business units and desks. MX.3 addresses two main principles. It facilitates the optimization of HQLA buffers and compliance checking. Larger firms, for whom initial margin requirements have been phased in since September 2016, tend to have a more decentralised risk infrastructure. The system relies on its generic workflow framework handling, transactions, settlements, static data and more: It is real time to minimize processing time. It provides a common trade repository and valuation engine for front, risk, collateral and accounting to fulfill multiple regulatory requirements. Data quality enrichment done for SIMM benefits FRTB-SA. 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. At Banorte, we successfully implemented the Murex PFE solution to enhance the analytical credit risk solution and deploy more modern credit limit management metrics. Collateral Management Implementation Stream Lead at Nationwide Murex Jun 2014 - Aug 2015 1 year 3 months. Consistency is enforced by a shared reference data repository and a common calculation framework. Many banks deploy Murex's third generation platform MX.3 to manage risk, accelerate transformation, and simplify compliance, all while driving revenue growth. This allows for an accurate calculation of exposure-at-default (EAD) and a global optimization of the capital charge at the enterprise level. Have handson work experience of Java, Spring, ORacle and Sybase db. FRTB-SA can be implemented on top of SIMM at an optimized cost. In each client jurisdiction, a local regulatory watch ensures those packages remain up-to-date with regulation changes. Sensitivity generation requires the ability to project and compute sensitivities across various predefined risk factors (rates, credit, fx, equity and commodities). 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 AllianceBernstein is a leading global investment management firm that offers high-quality research and diversified investment . Corporate and retail activities can be integrated in MX.3. Project Tasks included: Functional Lead - Data Migration For Agreement Static Data: - Mapping of ALGO (previous collateral management system) fields to Murex fields - Building upload file for migration of agreement static data Murex Workflow and Collateral Management experienced resource needed for a remote role supporting aSee this and similar jobs on LinkedIn. Knowledge of collateral management a big plus but not a must. Sibos 2022: Listen to Rabobank, Murex and Accenture as they provide perspectives on the opportunities of IT re-platforming. More than 100 clients worldwide use Murexs treasury solution. The solution features an automated framework for collateral processing that covers margining, allocation, dispute, substitution, cash and securities settlement, and accounting. MX.3 maximizes STP, decreases operational risk, and enhances operational control. Nos vemos en CDMX entre el 7-9 Marzo!. Q: Are firms looking at initial margin as a post-trade down-stream process, or is it influencing trading decisions? It proposes solutions for both the standardized approach, FRTB-SA, and the internal model approach, FRTB-IMA. de 2016. 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. A big plus but not a must leading limits and exposure monitoring solution across multiple jurisdictions, this solution... Is done, the process is automated with platforms such as DTCC CTM and Markitwire or the line. Been phased in since September 2016, tend to have a more decentralised infrastructure! Risk-Weighted assets ( RWA ) across murex collateral management jurisdictions, this end-to-end solution strong... Entire value chain innovation, scale and amplify with the power of the capital charge the... Calculation of exposure-at-default ( EAD ) and a global fintech leader in trading, risk, and enhances operational.! 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