murex collateral management

It is based on qualitative interviews with over 30 market participants conducted in the second and third quarters of 2020. Murex, l'un des plus grands diteurs de logiciels franais, dveloppe depuis 1986 la plateforme de rfrence pour les marchs de capitaux. 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, Build Accurate Rate Curves in an Inflationary Context, 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, Rabobank Chief Digital Officer Details the Transformation Journey with MX.3, IBSI FinTech Journal August 2021 - The Big Interview. In summary, before, repos in Murex meant you like making your life a challenge. 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 enables institutions to achieve these objectives from trade booking to affirmation / confirmation, down to settlement and position management. The Murex treasury solution is recognized for its real-time capabilities for data, as well as pre- and post-deal limit checks. MX.3 maximizes STP, decreases operational risk, and enhances operational control. Our awards highlight a strong level of customer satisfaction and acknowledge our market expertise. 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. It offers a wide integration capability that enables a smooth fit within existing IT landscapes. Murex helps capital markets firms achieve new growth paths and connects them to all participants. and business. 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. Murex helps capital markets players scale and amplify MX.3 platform benefits with the power of the cloud. Sibos 2022: Listen to Rabobank, Murex and Accenture as they provide perspectives on the opportunities of IT re-platforming. Strong professional with a BE degree focused in Information Technology from K.J. VaR). 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). These include potential future exposure (PFE) and expected exposure (EE). The solution also supports the computation and transfer of funding valuation adjustment (FVA) for derivatives transactions. New York, NY. 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. Fully managed by Murex, the solution leverages a shared and elastic infrastructure. In summary, before, repos in Murex meant you like making your life a challenge. Security instruments: across both equities and bonds, with out-of-the-box connectivity to Bloomberg to collect ISIN data. For SA-CCR, accuracy of figures reduces the risk-weighted assets (RWA). This flexible solution enables Murex clients to benefit from continuously improved functionalities without having to upgrade their own MX.3 solution. The Search for a True, Front-to-Back, Modular Vendor Offering . Connect with key tri-party agents to get collateral allocated. It proposes solutions for both the standardized approach, FRTB-SA, and the internal model approach, FRTB-IMA. Treasurers have a complete view of the funding requirements and liquidity profile of the banking and trading business units in a single dashboard. Remote. Classify these sensitivities, according to the SIMM rules, possibly relying on an external utility providing such classification services. Build an overall strategy for regulatory compliance and internal risk management. These include limit suspension, trade hedging or blocking contracts breaching limits. Nowadays, they are very simple, very easy to use with most if not all functions your repo desk will need. This. Ensure financial resilience. 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. The solutions support variations to the Basel standards and enable clients to adapt more quickly to regulatory changes with packages updates. 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. MX.3 features a leading limits and exposure monitoring solution across multiple source systems in real-time. To unlock trapped collateral and manage it more effectively for UMR, firms need data to be co-ordinated in real-time, Farhat believes. The complexity of these risks leads to ever-more-intensive computational needs, which require enterprise risk management software. Cash collateral is provided to Eurex Clearing by way of full title transfer. MX.3 is our award-winning open platform that sits at the heart of our clients' IT infrastructure. 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 high-performance simulated PFE calculation engine gives end users access to an accurate real-time intraday exposure. Learn more about the event here: http://bit.ly/3XITM8J It is exception-based. Funding desks can perform further analysis by drilling down to the currency, security or trade-level information. The solution provides a complete view of the risks taken by the organization. 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. Stress-testing supports historical scenarios as well as the design of hypothetical adverse scenarios, leveraging criteria-based shifts and proxies, addressing risk management and regulatory purposes such as stressed risk measures. Mizuho Optimizes XVA Desk through MX.3 Extension. Our clients have diverse requirements. It covers standard agreements such as CSA, CSD, SCSA, GMRA and GMSLA. Posted: February 28, 2023. MUREX S.A.S. Download our MX.3 for Enterprise Risk Management brochure. Murexs ownership of this process allowed Banorte to focus on our own complete internal operating overhaul for setting up a dedicated XVA desk. Murex delivers smart technology to capital markets. Risk managers play a key role in securing the performance of their organization. Key Responsibilities Inspect system generated collateral calls for accuracy prior to making margin calls. Nowadays, they are very simple, very easy to use with most if not all functions your repo desk will need. The powerful MX.3 cash flow engine strengthens the solution by generating contractual flows and estimates future flows across all asset classes, enabling real-time monitoring of liquidity ladders. The solution supports full management of limit excesses, whether caused by intraday activity or end-of-day batch. The platform empowers leading teams to streamline standard and bespoke processes across all product types in a 24/7 trading world. The solution supports local and specific conventions across markets worldwide, including Islamic finance and Latin America particulars, among others. Seamlessly connect in batch and real time. de 2019 - feb. de 2020. $1bn in innovation over 10 years Murex partners with over 300 clients, including global banks, market makers, leading multi-regional banks, regional and national banks. It delivers seamless pricing, cost allocation and risks transfer. The full job description is as follows: Location: Jersey City, NJ. Independent market data and models support an Independent Price Verification (IPV) framework. 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. Murex is a global fintech leader in trading, risk management and processing solutions for capital markets. 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,. 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 more than 20 years. Each regulatory solution is a stepping stone to another. MUREX MX.3 software handles all aspects of derivatives and cash management trading and processing for Banks, Buy Side, Clearing CCP's, Energies, and Corporates. It covers a wide range of analytical exposures, including pre-settlement, lending, issuer, country and concentration risks. Achieve regulatory compliance. Consistency is enforced by a shared reference data repository and a common calculation framework. As a back-office user, the processing work is reduced to the minimum with a high degree of automation from matching to clearing and settlement. Risk management. 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. Optimize High-quality liquid asset (HQLA) buffers and unlock investment opportunities. This rollout of PFE was made possible thanks to our partnership with Murex and its upgrade as a service. Murex Collateral Workflow Resource. Our awards highlight a strong level of customer satisfaction and acknowledge our market expertise. Andy Haigh: Yes, specifically Murex's MX.3 Collateral Management module. It leverages a pay-as-you-go model and infrastructure elasticity. Remote. Based on a modern technology stack, the solution supports several deployment models, such as cloudAmazon Web Service and Microsoft Azureon-premises or with managed service in SaaS. Having one system removes the need to develop and maintain many interfaces. Rahba: Firms need to embark on quite a long and complex journey to get their organisation and collateral management procedures up to speed with the phase-in of initial margin regulations. Our awards highlight a strong level of customer satisfaction and acknowledge our market expertise. 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. MX.3 is delivered with standard out-of-the-box processes, which can be customized to fit the target operational process of the institution. Positions are natively represented to serve different business processes. At Banorte, we successfully implemented the Murex PFE solution to enhance the analytical credit risk solution and deploy more modern credit limit management metrics. 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. Post-Trade with all products, from high-volume FX cash to complex over-the-counter derivatives, managed on robust... 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Including pre-settlement, lending, issuer, country and concentration risks your repo desk will need updates.

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