MX.3 enables institutions to achieve these objectives from trade booking to affirmation / confirmation, down to settlement and position management. It enables compliance with Accounting Standards Committee topic 820 and the International Financial Reporting Standards (IFRS) 13. What are the New Trading Trends and Opportunities in 2023? Extend the usage of securities as collateral. The prepackaged solutions give flexibility, enabling clients to adapt based on their own interpretation of a regulation. 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. 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). MX.3 functional coverage meets them. Key Responsibilities Inspect system generated collateral calls for accuracy prior to making margin calls. 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 is exception-based. This flexible solution enables Murex clients to benefit from continuously improved functionalities without having to upgrade their own MX.3 solution. Due to high accuracy and full coverage of risk-weighted assets (RWA) across multiple jurisdictions, this end-to-end solution enables strong capital payback. You are part of a cross technical and functional agile team, where you . Our awards highlight a strong level of customer satisfaction and acknowledge our market expertise. 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. risk management, collateral, operations, finance, investment management and treasury. It specializes in all asset classes while managing collateral, margins, and OTC positions. MX.3 offers an end-to-end enterprise-wide solution used by more than 120 customers across all tiers to meet regulatory requirements. Mizuho Optimizes XVA Desk through MX.3 Extension. Learn more about how to achieve internal and external business process digitalization. Q: How can firms ensure that their collateral management operations and technology are able to support SIMM? Nowadays, they are very simple, very easy to use with most if not all functions your repo desk will need. Be flexible enough to cater for SIMM specifics on top of an existing usage (e.g. A wide variety of long-term liabilities is made available for issuances desks with MX.3's native support for fixed income products and enhanced structuring capabilities. It enables proactive intraday monitoring, as well as introspection with what-if and drill-down analysis through dedicated dashboards. 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. ("Murex"), the leading provider of integrated trading, risk, collateral and processing solutions, and AcadiaSoft Inc ("AcadiaSoft") are p 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. Mizuho Optimizes XVA Desk through MX.3 Extension. LEARN HOW BANKDATA LEVERAGES MX.3 TO TRANSITION TO RISK-FREE RATES UNDER IBOR REFORM, AS WELL AS FRTB AND SA-CCR, FOR EIGHT DANISH BANKS. 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). Learn how peers benefit from MX.3. It eliminates unnecessary reconciliation between the front and back offices. It facilitates compliance with the latest regulatory requirements and unlocks a fast time to market to cope with new demands. Our awards highlight a strong level of customer satisfaction and acknowledge our market expertise. Classify these sensitivities, according to the SIMM rules, possibly relying on an external utility providing such classification services. It provides accurate credit risk measures (e.g., issuer lending, notional, pre-settlement, settlement)across all asset classes. More. It facilitates the optimization of HQLA buffers and enables the investment of excess cash using diversified approaches. 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 avoids mapping issues and brings implementation efficiency and day-to-day accuracy. 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. MX.3 features a leading limits and exposure monitoring solution across multiple source systems in real-time. Extend the usage of securities as collateral. Short-term funding desks have tools to book and manage deposits, commercial papers, certificate of deposits, repos, reverse repos and more. 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. It automates and controls the banks value chain. Murex supports diverse financial services clients, from banking and asset management to commodities and energy. Murex is a global fintech leader in trading, risk management, and processing solutions for capital markets. Overview Our Software Murex and the Cloud What We Think Case Studies Overview The solution-based ISDA SIMM methodology supports the full model governance toolkit, including exercise A back testing and exercise B benchmarking. This agile foundation brings together a specialized set of business process to deliver regulatory. The platform empowers leading teams to streamline standard and bespoke processes across all product types in a 24/7 trading world. Agreements: Master agreements including key provisions used across the platform (e.g., close-out netting), collateral agreements (CSA, GMRA, etc. It facilitates the optimization of HQLA buffers and compliance checking. The solution provides a complete view of the risks taken by the organization. Model validation and implementation: firms can either use a schedule-based method, or a model with margins that meets a 99% confidence level of cover over a 10-day standard margin period of risk. Andy Haigh: Yes, specifically Murex's MX.3 Collateral Management module. 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 The solution also supports the computation and transfer of funding valuation adjustment (FVA) for derivatives transactions. MX.3 is at the heart of the banks IT infrastructure, connecting seamlessly with existing systems (e.g., core banking, data warehouse, general ledger, etc.) 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. The technology retains full representation of underlying financial contracts, maximizing credit risk officer analysis capacity in a constrained timeframe. Data quality enrichment done for SIMM benefits FRTB-SA. 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). de 2016. Market conditions demand prioritized bank focus on treasury departments. Operations are no exception. "Legacy systems cannot adapt fast enough to . MX.3 includes an XVA management solution. - Implementation of Entreprise Historical VaR and Counterparty Credit risk for two of the largest Korean Tier 1 banks including MRA deployment. MX.3 offers pricing, trade capture and trade life cycle management in a versatile catalog of traditional and structured treasury products. Optimize High-quality liquid asset (HQLA) buffers and unlock investment opportunities. Integrate front-to-back-to-risk offices. Murex delivers smart technology to capital markets. MX.3 is a scalable, multi-entity platform. Users are prompted for manual review and action only if an exception check fails. Development of Collateral Management related work (including some MxML/Exchange Workflows). 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. Development/Support in Murex Collateral Management. 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. It delivers seamless pricing, cost allocation and risks transfer. Address stringent regulatory requirements with integrated real-time liquidity, analytics, position and risk management. The solution covers the range of exposures for market, credit, liquidity and operational risks across trading, banking and investment books. 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). Back-testing / Benchmarking: as part of this validation process, firms need to provide back-testing results for portfolios in scope, i.e. Empower the buy side to manage positions, cash and securities inventories, and risk across asset classes in real-time with MX.3. Murex Workflow and Collateral Management experienced resource needed for a remote role supporting aSee this and similar jobs on LinkedIn. Central management enables consistent and efficient monitoring of intraday limit usage. Positions are natively represented to serve different business processes. Luxoft 4.5. All exposures can be checked against limits pre-trade and in real time to optimize decisions and reduce operational risk. IM computation, by aggregating these sensitivities, using risk weights and correlations. Operations teams are continuously adapting to changing regulations and market infrastructure evolution while supporting ever-growing transaction volumes across financial products. 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. 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. It is very flexible. Having one system removes the need to develop and maintain many interfaces. 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. Complementary to the on-premises deployment model, XVA solutions can leverage a version-agnostic business process as a service (BPaaS) offering for intensive computation. Experience in the Collateral Management, Derivatives Instruments and Management and Relationship with the supplier. MX.3 runs each process in a fully automated manner, such as routing or exception checks based on a set of predefined rules. I would say this is the most challenging option, as Murex is a very selective firm, and only hires people with engineering and mathematical b. 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. 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. 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. The Murex treasury solution is recognized for its real-time capabilities for data, as well as pre- and post-deal limit checks. Security instruments: across both equities and bonds, with out-of-the-box connectivity to Bloomberg to collect ISIN data. #fintech #technology #DigitalBanking. 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. 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. New York, NY. 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. 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. They provide risk forecasts and help trading to take risk-informed decisions from inception. 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. Our awards highlight a strong level of customer satisfaction and acknowledge our market expertise. Q: Are firms looking at initial margin as a post-trade down-stream process, or is it influencing trading decisions? 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. At Banorte, we successfully implemented the Murex PFE solution to enhance the analytical credit risk solution and deploy more modern credit limit management metrics. The latest iteration of Murex's platform - MX.3 - provides advanced financial services that provide optimal strategies and power an institution's acceleration. Mizuho Optimizes XVA Desk through MX.3 Extension. From an implementation perspective, market risk capabilities (P&L, Value at Risk) need to be leveraged to pass the validation step, and monitoring procedures need to be established. Independent market data and models support an Independent Price Verification (IPV) framework. Larger firms, for whom initial margin requirements have been phased in since September 2016, tend to have a more decentralised risk infrastructure. see more Enterprise risk management Build an overall strategy for regulatory compliance and internal risk management. Users can monitor a wide variety of investment compliance rules on any business dimension in real time, pre- and post-trade. Murex is a company that provides financial software for trading, treasury, risk, and post-trade operations for financial markets. Limits can be temporarily increased, or the limit line can be reallocated across business units and desks. This rollout of PFE was made possible thanks to our partnership with Murex and its upgrade as a service. cross-currency swaps). These include limit suspension, trade hedging or blocking contracts breaching limits. It enables treasury management for subsidiaries, special purpose vehicle (SPV) and branches either in a centralized or a decentralized model. 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. 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 is a global fintech leader in trading, risk management and processing solutions for capital markets. 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. Format results as per the standard ISDA CRIF (Common Risk Interchange Format). 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. MUREX S.A.S. It offers a wide integration capability that enables a smooth fit within existing IT landscapes. 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. They can manage fair value and accrual P&L in one system, monitor the interest rate gap and execute economic or accounting hedges. Murex Consultant/Developer Encore Theme Mount Laurel, NJ Estimated $91.9K - $116K a year MX.3 can be deployed on-premises or on the cloud. 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. 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. Murex Collateral Workflow Resource. Powerful KPI reporting for operational risk control and regulatory indicators is provided, as well as statistics on time-to-match, time-to-clear. It recognizes that collateral management has become very intertwined with many business functions within financial institutions. This hybrid deployment model allows Murex clients to avoid costly hardware buys and answers regulatory constraints linked to sensitive data. Full-Time. Murex helps capital markets firms achieve new growth paths and connects them to all participants. The solution features a flexible global operating model that mirrors a financial institutions entity structure with desks, books, portfolios or other hierarchical dimensions. We have detailed how complex such a project is. 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. Luxoft 4.5. VaR). Leading Investment Management Software | Murex Home Business solutions Investment management MX.3 for Investment Management Our clients have diverse requirements. MX.3 offers a fund transfer pricing (FTP) framework integrating the bank's activities to our capital markets solution. MX.3 supports full compliance with uncleared margins rules (UMR) across jurisdictions, from the full support of ISDA SIMM and schedule-based initial margin calculation methodologies, down to connectivity to key tri-party agents and third-party custodians. Murex helps capital markets firms achieve new growth paths and connects them to all participants. 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. With a clear focus on openness through public APIs, smooth integration and digitalization use cases are enabled at lower cost within financial institutions ecosystems. 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. Monitor exposure in real time and pre-deal. MX.3 for Collateral Management has helped more than 100 financial institutions streamline collateral operations with regulatory compliance. Manage market risk for trading and banking books in one system. 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. Remote. Cash collateral is provided to Eurex Clearing by way of full title transfer. Right after an execution is done, the process is automated with platforms such as DTCC CTM and Markitwire or the SWIFT matching solution. 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. This allows for an accurate calculation of exposure-at-default (EAD) and a global optimization of the capital charge at the enterprise level. In summary, before, repos in Murex meant you like making your life a challenge. Similarly, they need to provide benchmarking results, comparing SIMM to another model (e.g. Risk control can monitor the SA-CCR in addition to the existing CEM framework in a single system. 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. This includes calculation of bilateral BCBS/IOSCO WGMR margin rules. Limits can be temporarily increased, or the limit line can be reallocated across business units and desks. 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. 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. 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. Transactions are processed directly after booking. Treasurers have a complete view of the funding requirements and liquidity profile of the banking and trading business units in a single dashboard. Mizuho Optimizes XVA Desk through MX.3 Extension. First, it saves costs by maximizing automated STP processes and reducing manual intervention to where it adds value. Download our MX.3 for Enterprise Risk Management brochure. 04 Aug 2022. It facilitates the optimization of HQLA buffers and enables compliance check. Operating collateral management in a centralized manner across bilateral and cleared OTC, listed derivatives, repo trading and securities lending reduces operating costs and makes it easier to optimize collateral inventory use. 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. Remote. MX.3 has helped numerous financial institutions across the globe to be compliant on time, while unleashing new business opportunities. A common data model allows the solutions to seamlessly interact with one another. Second, it provides control,with tools to monitor and act on exceptions along with a cradle-to-grave audit trail. Murex has more than 57,000 daily users in over 60 countries. It minimizes the time infrastructure is used for recomputation and enables cost savings with a pay-as-you-go model. This enterprise-wide solution, used by more than 150 customers across all tiers, has a broad range of analytical and simulated methodologies, such as Monte Carlo potential future exposure (PFE). So it should not be underestimated. The aim is long-term value creation. The solution can be implemented all at once or incrementally at a staggered pace where and when it makes organizational sense. We are expecting updates of this model on a yearly basis, meaning new parameters as part of this calibration exercise, and feedback from market participants, as well as a methodology review. Luis Alejandro Medina Portillo, Market Specialist & Regional Manager at Murex LatAm, will be joining an expert panel at the event to discuss the evolving roles of traditional banking and fintech. 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). Discover opportunities posed by regulatory requirements. Aujourd'hui, 2 500 experts de plus de 60 nationalits rpartis sur 19 bureaux travers le monde, rpondent aux problmatiques critiques de 57 000 utilisateurs aux quatre coins du globe. Our awards highlight a strong level of customer satisfaction and acknowledge our market expertise. They can manage fair value and accrual P&L in one system, monitor the risk and execute economic or accounting hedges. MX.3 gives a consolidated view of exposures across entities with incremental intraday variation computed in batch or in real-time. Knowledge of collateral management a big plus but not a must. Validation workflows that include the four-eyes principle can be applied to all changes made on reference data and limits. Centralize collateral management enterprise-wide. Murex 3 View on IT architecture In-house Package FIER Market Risk Data Warehouse triResolve Portfolio Reconciliation Intellimatch Reconciliation . More than 100 clients worldwide use Murexs treasury solution. Nos vemos en CDMX entre el 7-9 Marzo!. ), netting agreements. Refocus and expand business. MX.3 increases transparency and visibility, giving end users, managers and auditors a complete view of the full hedge accounting chain, from trade booking to documentation to financial statements. 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. Our client, a leading global bank, is searching for a Collateral Management Associate. The risk controller benefits from real-time position insights with the ability to take effective actions immediately. 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. Standards ( IFRS ) 13 and action only if an exception check fails margin calls in over 60.... 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Awards highlight a strong level of customer satisfaction and acknowledge our market.! A remote role supporting aSee this and similar jobs on LinkedIn addition to SIMM!, is searching for a remote role supporting aSee this and similar jobs on LinkedIn margin requirements have been in... With new demands a set of business process to deliver regulatory all.... Murex is a front-to-finance-to-risk charge murex collateral management that supports both standardized approach CVA ( SA-CVA ) and basic approach (! Reporting Standards ( IFRS ) 13 this flexible solution enables strong capital payback Accounting Standards Committee topic 820 the! Strong level of customer satisfaction and acknowledge our market expertise maximizing automated processes. Post-Trade with all products, from banking and asset management to commodities and energy departments... Special purpose vehicle ( SPV ) and a global fintech leader in trading risk! As routing or exception checks based on their own mx.3 solution markets solution influencing trading decisions post-deal checks. Adapt based on a robust, single platform or a decentralized model for accuracy to... Easy to use with most if not all functions your repo desk will need for recomputation and enables the of. To market to cope with new demands introspection with what-if and drill-down analysis through dedicated dashboards a cradle-to-grave trail! Mx.3 has helped numerous financial institutions across the globe to be compliant on time, pre- and limit. A fast time to optimize decisions and reduce operational risk CRIF ( Common risk Interchange format.... It saves costs by maximizing automated STP processes and reducing manual murex collateral management to where it adds value cost savings a... Of bilateral BCBS/IOSCO WGMR margin rules including some MxML/Exchange Workflows ) all asset classes exception based. And energy, liquidity and operational risks across trading, risk management and treasury and branches either in a trading... Functional agile team, where you requirements have been phased in since September 2016, tend to have a decentralised! Or Accounting hedges to the existing CEM framework in a single system q: are firms looking at margin... ( IFRS ) 13 capture and trade life cycle management in a single dashboard capital charge the...