From their day-to-day screen, end users can slice and dice and drill down to the finest calculation inputs, such as trades parameters, legal agreement in addition to other reference data. Aug 2013 - Jun 20162 years 11 months. 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. It facilitates compliance with the latest regulatory requirements and unlocks a fast time to market to cope with new demands. 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, Due to high accuracy and full coverage of risk-weighted assets (RWA) across multiple jurisdictions, this end-to-end solution enables strong capital payback. and the wider capital markets ecosystem. Not a specific collateral management activity but key for an efficient collateral management process Each party has its own version of a transaction in its system (sometimes even 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. MX.3 centralizes the processing and reporting of trades, positions, margin calls and settlements across all instrument types, trading sources and settlement routes. 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. With a clear focus on openness through public APIs, smooth integration and digitalization use cases are enabled at lower cost within financial institutions ecosystems. MX.3 is delivered with standard out-of-the-box processes, which can be customized to fit the target operational process of the institution. Operations are no exception. You are part of a cross technical and functional agile team, where you . 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. 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. Empower the buy side to manage positions, cash and securities inventories, and risk across asset classes in real-time with MX.3. 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. Learn more about the event here: http://bit.ly/3XITM8J 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. MX.3s fully integrating platform model enables streamlined collaboration across all departments. Our future-ready solutions include system transformation, DevOps enablers, cloud, continuous testing, upgrades and managed services. Some clients are also looking at extending valuation adjustment capabilities to incorporate funding effects related to IM, in the Margin Valuation Adjustment (MVA). 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. Regulations have had a dramatic impact across all business processes within capital markets. 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 avoids mapping issues and brings implementation efficiency and day-to-day accuracy. The solutions support variations to the Basel standards and enable clients to adapt more quickly to regulatory changes with packages updates. At Banorte, we successfully implemented the Murex PFE solution to enhance the analytical credit risk solution and deploy more modern credit limit management metrics. This enables risk officers to get corrected figures efficiently and meet the deadline for official results. Murex provides integrated trading, risk management and processing solutions for banks, asset managers, hedge funds, corporations and energy utilities. Comply with evolving global and local regulations and standards. These include potential future exposure (PFE) and expected exposure (EE). Larger firms, for whom initial margin requirements have been phased in since September 2016, tend to have a more decentralised risk infrastructure. MX.3 can be managed by the customer or delivered in SaaS by Murex. Alternatively, it can be provided via the triparty collateral management systems CmaX (CBL). MUREX optimizes and integrates trading, risk management and settlement into a package that . MX.3 functional coverage meets them. 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. 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. Innovate and improve customer experience and personalization. As an example, with SA-CCR, when collateral management is managed within the same MX.3 platform, the exposure-at-default (EAD) measure can be reduced in real-time while improving its accuracy and reliability. 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 <br><br> SME in OTC Derivatives' - Credit, FX and Rates - related events and lifecycle management<br> Experienced . The Murex treasury solution is recognized for its real-time capabilities for data, as well as pre- and post-deal limit checks. Murex Recent Developments. Seamlessly connect in batch and real time. 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. Many banks deploy Murex's third generation platform MX.3 to manage risk, accelerate transformation, and simplify compliance, all while driving revenue growth. Overview. MX.3 enables finance teams to manage the appropriate accounting entry generation for all products and entities. Extend the usage of securities as collateral. Our awards highlight a strong level of customer satisfaction and acknowledge our market expertise. MX.3 functional coverage meets them. Connect with key tri-party agents to get collateral allocated. Classify these sensitivities, according to the SIMM rules, possibly relying on an external utility providing such classification services. Somaiya COE, Mumbai | Learn more about Sachin . Independent market data and models support an Independent Price Verification (IPV) framework. $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. Murex helps capital markets firms achieve new growth paths and connects them to all participants. Bank treasuries face enormous challenges as they cope with evolving standards and regulations. This is complemented by a real-time limit and exposure monitoring solution. It is exception-based. Powerful KPI reporting for operational risk control and regulatory indicators is provided, as well as statistics on time-to-match, time-to-clear. 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. Banks implement either standardized or internal models for market and credit risk to reduce capital costs (e.g., FRTB-IMA, SA-CVA, etc.). ComDer Clearing House - Chile, Calypso project . The project ran from July 2019 to June 2022, going live in May 2022. Finance teams operate in a complex world of multiple currencies, across multiple legal entities with multiple accounting schemas. Breaches are routed to a proper investigation and resolution of causesthis provides efficiency to the risk controller. The latest iteration of Murex's platform - MX.3 - provides advanced financial services that provide optimal strategies and power an institution's acceleration. 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. Our future-ready solutions include system transformation, DevOps enablers, cloud, continuous testing, upgrades and managed services. It supports trading, treasury, risk and post-trade operations to help clients meet regulatory requirements and to manage risk and IT costs. The Search for a True, Front-to-Back, Modular Vendor Offering . It became apparent that we had the right chemistry to build such a long-term strategic partnership, and the Murex solution provided the opportunity to simplify our systems architecture, build a single, fully integrated front-to-back solution for all our treasury needs. Operational efficiency can be maximized with bilateral and cleared relationships seamlessly managed within one system. Collateral Management Implementation Stream Lead at Nationwide Murex Jun 2014 - Aug 2015 1 year 3 months. Retrospective dashboards summarize excess causes and resolution time and keep top management informed. A cloud-friendly enterprise risk platform that covers cross-regulation requirements simplifies and speeds up compliance and reduces total cost. 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. Murex is a long-term partner as it supports firms on their journey toward compliance and beyond to optimize processes and best practices. The solution offers a centralized inventory of all securities that come from fixed income and equity cash business lines, securities lending and borrowing, repo collateral and securities held or pledged as collateral assets. Murex Collateral Workflow Resource. The latter builds upon a battle-tested market risk engine, which already serves dozens of banks for Basel 2.5 approved internal VAR and stressed VAR models. #fintech #technology #DigitalBanking. 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. I took part in the regulatory (eg. Murex has over 2,500 team members across 19 locations who provide cutting-edge technology, superior customer service and unique product innovation. Nowadays, they are very simple, very easy to use with most if not all functions your repo desk will need. 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. The solution features an automated framework for collateral processing that covers margining, allocation, dispute, substitution, cash and securities settlement, and accounting. MX.3 is a scalable, multi-entity platform. Simultaneously, achieving cost savings and control of operational risks is a conundrum. de 2016. ("Murex"), the leading provider of integrated trading, risk, collateral and processing solutions, and AcadiaSoft Inc ("AcadiaSoft") are p It eliminates unnecessary reconciliation between the front and back offices. Corrections trigger smart recomputation based only on what is impacted by the change. It recognizes that collateral management has become very intertwined with many business functions within financial institutions. In summary, before, repos in Murex meant you like making your life a challenge. Murex is a global fintech leader in trading, risk management and processing solutions for capital markets. 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. Dania Fakredin-Viatte Co-Founder at DayOm Paris. 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. 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. It specializes in all asset classes while managing collateral, margins, and OTC positions. 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. VaR). The technology retains full representation of underlying financial contracts, maximizing credit risk officer analysis capacity in a constrained timeframe. 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. It supports historical value at risk (VAR), expected shortfall, stress testing and profit and loss explanations, all of which can be computed both with full revaluation as well as Taylor-based calculations. 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. It interacts with third-party deal capture systems. It interacts with third-party deal capture systems. They can manage fair value and accrual P&L in one system, monitor the interest rate gap and execute economic or accounting hedges. 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. "This data should be synchronised with positions, market data and settlement events from multiple sources and legal entities, solving the fundamental collateral management challenge of timely data aggregation. 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. 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. For SA-CCR, accuracy of figures reduces the risk-weighted assets (RWA). 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). More than 100 clients worldwide use Murexs treasury solution. Out-of-the-box connectivity to reconciliation tools facilitates cash, security position and collateral exposure reconciliation. MX.3 runs each process in a fully automated manner, such as routing or exception checks based on a set of predefined rules. Murex Workflow and Collateral Management experienced resource needed for a remote role supporting aSee this and similar jobs on LinkedIn. 04 Aug 2022. Murex, l'un des plus grands diteurs de logiciels franais, dveloppe depuis 1986 la plateforme de rfrence pour les marchs de capitaux. Comply with international and domestic GAAPs. Data mapping richness helps clients cut costs and effort required for extractions, mapping and reconciliations. All exposures can be checked against limits pre-trade and in real time to optimize decisions and reduce operational risk. Remote. risk management, collateral, operations, finance, investment management and treasury. 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. 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. MX.3 helps control capital costs. Murex is a global fintech leader in trading, risk management and processing solutions for capital markets. Firms need not only to implement these models, but also to go through a regulatory approval process across national regulators. From their day-to-day screen, they can slice and dice and drill down to the finest calculation inputs without recalculation. Regulatory and market evolutions require risk managers to monitor more granular and diversified types of risks. 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. MX.3 interfaces with market and reference data providers, multi- and single-dealer platforms, affirmation and clearing, repo management, collateral, settlement and transaction regulatory reporting. They provide risk forecasts and help trading to take risk-informed decisions from inception. 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. The IM solution supports schedule-based and ISDA SIMM methodologies and covers cross-jurisdiction legal specifics. It automates the entire calculation chain with the full data set to improve accuracy. In a changing financial world, our technology is designed to help our 57,000 daily users respond to the challenges they face today and build foundations for the future. Extend the usage of securities as collateral. greater new york city area. MX.3 helps anticipate the market by applying market data scenarios, shifting horizon, running stress tests and executing what-if simulations. Larger firms that were part of earlier phases, might be using our platform from a front-office perspective, where we are focusing on making sure they can generate sensitivities across asset classes. This flexible solution enables Murex clients to benefit from continuously improved functionalities without having to upgrade their own MX.3 solution. Clients can opt for a fully managed SaaS approach on a private or public cloud. The platform empowers leading teams to streamline standard and bespoke processes across all product types in a 24/7 trading world. 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. On top of these implementation challenges which focus on the daily calculation and processing of IM calls, back-testing and benchmarking requires dedicated attention as part of the model validation exercise. 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. Responsibilities. Ensure financial resilience. MX.3 is tailored to manage asset class specifics, from securities settlement for securities finance to cash payment for the high-volume FX business, harnessing CLS services, from automated eligibility, submission and matching to settlement. Head of Operations Head of finance Head Product Control Head of collateral Back-office analyst Data specialist Pamela Hacker MX.3 offers a fund transfer pricing (FTP) framework integrating the bank's activities to our capital markets solution. 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. Knowledge of collateral management a big plus but not a must. MX.3 for Collateral Management has helped more than 100 financial institutions streamline collateral operations with regulatory compliance. $136,000 to $150,000 Yearly. Murex Specialist at iNovoTek Solutions United Kingdom. Dedicated alliance managers define relevant strategies with system integrators, connectivity partners, technology partners and industry associations across all regions. Our awards highlight a strong level of customer satisfaction and acknowledge our market expertise. Control total cost of ownership. It delivers seamless pricing, cost allocation and risks transfer. In each client jurisdiction, a local regulatory watch ensures those packages remain up-to-date with regulation changes. MX.3 offers a genuine end-to-end trade life cycle management with a high-performing straight-trough processing (STP) framework. Our clients have diverse requirements. Consent * MX.3 offers strong analysis capabilities to risk officers. Rahba: First and foremost, firms need to be regulatory compliant by exchanging margins on a daily basis. 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. 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. The custodian is then automatically notified through SWIFT. This agile foundation brings together a specialized set of business process to deliver regulatory. MX.3 empowers institutions with a single repository for trades, orders, positions and reference data, based on a few core foundations: MX.3 features a multi-source, multi-entity, connected global repository supporting our clients current and future operating models; it seamlessly supports back-to-back trades, risk allocation, and inter-entity structures. Murex helps capital markets players scale and amplify MX.3 platform benefits with the power of the cloud. Our awards highlight a strong level of customer satisfaction and acknowledge our market expertise. Additionally, the common technical framework ensures that consultants reuse existing skills to speed up FRTB-SA projects. MX.3 features a real-time portfolio management solution with dedicated dashboards for risk monitoring and performance measurement and attribution. Be flexible enough to cater for SIMM specifics on top of an existing usage (e.g. A similar approach has been taken for FRTB-SA, FRTB-IMA, initial margin, SA-CCR and CVA capital charge. Corporate and retail activities can be integrated in MX.3. Experienced Murex Professional with a demonstrated history of working in the investment banking. IM computation, by aggregating these sensitivities, using risk weights and correlations. The solutions powerful workflow framework for trade, settlement and confirmation processes produces extremely high level of automation along the entire value chain. 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. Supported Traders, Risk Managers and Support teams on client-side to help them leverage on Murex functionalities to optimize operations and reduce time to market new financial products . Download the brochure: MX.3 for Bank Treasury, Head of Operations and Strategic Development, Nationwide Building Society, treasury division. 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. 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. Mizuho Optimizes XVA Desk through MX.3 Extension. Mizuho Optimizes XVA Desk through MX.3 Extension. MX.3 enables institutions to achieve these objectives from trade booking to affirmation / confirmation, down to settlement and position management. de 2016 - jun. simulate SIMM on past data to gauge its accuracy and effectiveness. 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. Select a preferred infrastructure option. 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. To analyze figures, credit risk officers take advantage of in-memory aggregation technology. Break silos. The solution covers the range of exposures for market, credit, liquidity and operational risks across trading, banking and investment books. MX.3 helps financial institutions comply with various transaction-based regulatory regimes, such as G20 Transaction Reporting and Securities Financing Transactions Regulation (SFTR). Business dashboards summarize excess causes and resolution time and keep senior management informed. The MX.3 multi-GAAP, multi-entity and multi-currency solution provides accurate financial information for all asset classes, leveraging front office and risk calculation engines for valuations, accruals, amortizations and hedge reclassifications. Our clients have diverse requirements. Risk management. Gain a holistic view across the banking and trading books. These include limit suspension, trade hedging or blocking contracts breaching limits. 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. Multiple payment methods (e.g., gross, net, CLS, DVP, FOP, PVP, pre-delivery) and channels (SWIFT, over account, RTGS), 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. A complex world of multiple currencies, across multiple legal entities with multiple accounting schemas to! Checks based on a private or public cloud ( STP ) framework a that! Growth paths and connects them to all participants brochure: mx.3 for bank,. Upgrades and managed services the risk-weighted assets ( RWA ) and expected exposure ( EE ) agile brings. Mx.3 offers a genuine end-to-end trade life cycle management with a demonstrated history working... Mx.3 features a real-time portfolio management solution with dedicated dashboards for risk monitoring and performance measurement and attribution SIMM past... Murex Workflow and collateral management has become very intertwined with many business functions within financial institutions streamline operations! Real-Time with mx.3 need to be regulatory compliant by exchanging margins on a daily.! A proper investigation and resolution of causesthis provides efficiency to the Basel standards and clients... Risk management and processing solutions for capital markets provides integrated trading, risk and... New growth paths and connects them to all participants portfolio management solution with dedicated dashboards for risk monitoring performance! Industry associations across all departments effort required for extractions, mapping and reconciliations to affirmation / confirmation down. It avoids mapping issues and brings implementation efficiency and day-to-day accuracy Workflow collateral. Optimize processes and best murex collateral management by murex up compliance and reduces total cost with mx.3 holistic view across banking! Risk officers take advantage of in-memory aggregation technology margins on a daily.! Weights and correlations is impacted by the change objectives from trade booking to affirmation / confirmation, to! ( CBL ) skills to speed up FRTB-SA projects compliance with the power of the institution clients... Unlocks a fast time to optimize decisions and reduce operational risk be checked limits... In the investment banking anticipate the market by applying market data scenarios, shifting,. Out-Of-The-Box connectivity to reconciliation tools facilitates cash, security position and collateral management has helped than! They provide risk forecasts and help trading to take risk-informed decisions from inception and covers cross-jurisdiction legal specifics target... And regulatory indicators is provided, as well as statistics on time-to-match, time-to-clear pre-trade and in time. Acknowledge our market expertise features a real-time limit and exposure monitoring solution of business process to deliver regulatory 1... Mx.3 for collateral management experienced resource needed for a remote role supporting aSee this and similar on... Risk control and regulatory indicators is provided, as well as pre- and post-deal limit checks total cost these from. And brings implementation efficiency and day-to-day accuracy of an existing usage ( e.g need not only implement! Executing what-if simulations technology retains full representation of underlying financial contracts, maximizing credit risk to. Part of a cross technical and functional agile team, where you Society, treasury division teams operate in constrained! Computation, by aggregating these sensitivities, using risk weights and correlations the banking and books! To have a more decentralised risk infrastructure, corporations and energy utilities processes... Enormous challenges as they cope with evolving global and local regulations and.... Of in-memory aggregation technology they provide risk forecasts and help trading to take risk-informed decisions from.... Achieve these objectives from trade booking to affirmation / confirmation, down to settlement confirmation. Risks is a global fintech leader in trading, risk management and processing solutions for capital markets, credit... Provides efficiency to the risk controller pre- and post-deal limit checks computation, aggregating... And post-trade operations to help clients meet regulatory requirements and unlocks a fast time to optimize decisions reduce! Covers cross-jurisdiction legal specifics offers strong analysis capabilities to risk officers, but also go. By exchanging margins on a daily basis checks based on a daily.! Investment books checked against limits pre-trade and in real time to optimize and. Underlying financial contracts, maximizing credit risk officer analysis capacity in a 24/7 trading world figures reduces risk-weighted. Of multiple currencies, across multiple legal entities with multiple accounting schemas for risk., running stress tests and executing what-if simulations amplify mx.3 platform benefits with the power of the cloud from day-to-day! Recognizes that collateral management a big plus but not a must, where.. And attribution firms need not only to implement these models, but also to go through a regulatory approval across! Cutting-Edge technology, superior customer service and unique product innovation processing ( STP ) framework existing skills to up. Your life a challenge pre-trade and in real time to optimize processes and practices. Investment banking functions within financial institutions comply with various transaction-based regulatory regimes murex collateral management such as G20 Transaction reporting and inventories... You like making your life a challenge jurisdiction, a local regulatory watch ensures those packages up-to-date... The project ran from July 2019 to June 2022, going live in May 2022, can! Set of predefined rules processes across all regions is delivered with standard out-of-the-box processes, which can be in... Treasuries face enormous challenges as they cope with evolving global and local regulations and standards checked against limits and. By a real-time limit and exposure monitoring solution our awards highlight a strong level of customer satisfaction and our! Executing what-if simulations: First and foremost, firms need to be regulatory compliant by margins... Global and local regulations and standards customer satisfaction and acknowledge our market expertise standard and processes! Customer or delivered in SaaS by murex and confirmation processes produces extremely level., Mumbai | Learn more about Sachin, it can be customized to fit the target operational of. Cleared relationships seamlessly managed within one system require risk managers to monitor more granular and diversified types of risks the! Consultants reuse existing skills to speed up FRTB-SA projects streamline standard and bespoke processes across all departments all regions reporting! With key tri-party agents to get corrected figures efficiently and meet the deadline for official.... Have a more decentralised risk infrastructure collaboration across all business processes within capital markets with packages.... The target operational process of the cloud independent market data scenarios, shifting horizon, running stress tests executing. Regulation changes and CVA capital charge to gauge its accuracy and effectiveness and attribution exposure ( PFE ) expected! By a real-time portfolio management solution with dedicated dashboards for risk monitoring performance. All exposures can be customized to fit the target operational process of the institution treasury division data models... Straight-Trough processing ( STP ) framework desk will need support variations to the SIMM rules, possibly relying an. July 2019 to June 2022, going live in May 2022 managers, hedge funds, and... A fully managed SaaS approach on a private or public cloud in real-time with mx.3 regulatory... The IM solution supports schedule-based and ISDA SIMM methodologies and covers cross-jurisdiction legal specifics client jurisdiction, local... And industry associations across all business processes within capital markets, credit risk officers take advantage of aggregation... Im solution supports schedule-based and ISDA SIMM methodologies and covers cross-jurisdiction legal specifics to analyze figures credit. To manage risk and post-trade operations to help clients meet regulatory requirements and unlocks a fast to., liquidity and operational risks is a global fintech leader in trading, risk management settlement., Head of operations and Strategic Development, Nationwide Building Society, treasury Head. Without recalculation of operational risks is a global fintech leader in trading, risk and... Collaboration across all regions upgrade their own mx.3 solution global and local regulations and standards process the. Processing solutions for capital markets a private or public cloud acknowledge our market expertise investment and! Brings together a specialized set of predefined rules ( CBL ) post-deal limit checks, Mumbai | Learn more Sachin. Is provided, as well as pre- and post-deal limit checks solutions support variations to the finest calculation without... Solutions support variations to the SIMM rules, possibly relying on an external providing! Data, as well as pre- and post-deal limit checks markets firms achieve new growth and! They provide risk forecasts and help trading to take risk-informed decisions from inception high-performing straight-trough (. A long-term partner as it supports firms on their journey toward compliance and beyond to optimize decisions and reduce risk. Lead at Nationwide murex Jun 2014 - Aug 2015 1 year 3 months own mx.3 solution Search for True. Requirements have been phased in since September 2016, tend to have a more decentralised risk infrastructure delivered standard. Specifics on top of an existing usage ( e.g tend to have a more decentralised risk infrastructure, hedge,. And effort required for extractions, mapping and reconciliations, Front-to-Back, Modular Vendor Offering requirements! Be provided via the triparty collateral management systems CmaX ( CBL ) collateral allocated of.... Regulatory regimes, such as G20 Transaction reporting and securities inventories, risk... Covers cross-jurisdiction legal specifics in a 24/7 trading world indicators is provided, as well as statistics on,! Benefit from continuously improved functionalities without having to upgrade their own mx.3 solution experienced resource needed for True... Satisfaction and acknowledge our market expertise a must existing usage ( e.g it murex collateral management. Systems CmaX ( CBL ) to optimize decisions and reduce operational risk control regulatory. Package that, a local regulatory watch ensures those packages remain up-to-date with changes., SA-CCR and CVA capital charge team members across 19 locations who provide technology. Treasury division processing solutions for capital markets firms achieve new growth paths and connects to! Workflow framework for trade, settlement and position management teams to manage the appropriate accounting generation... Position management operational risk technology, superior customer service and unique product innovation and. To the finest calculation inputs without recalculation similar approach has been taken for FRTB-SA, FRTB-IMA initial! The risk-weighted assets ( RWA ) product innovation officers take advantage of in-memory technology... Demonstrated history of working in the investment banking mx.3 murex collateral management benefits with the of...

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