murex collateral management

MX.3 enables finance teams to manage the appropriate accounting entry generation for all products and entities. Each regulatory solution is a stepping stone to another. For example, firms might want to put in place some risk control procedures and limits to closely monitor how far they are from the initial margin threshold. Second, it provides control,with tools to monitor and act on exceptions along with a cradle-to-grave audit trail. Mizuho Optimizes XVA Desk through MX.3 Extension. 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. Bank treasuries face enormous challenges as they cope with evolving standards and regulations. Risk management. 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. 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.) 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 Regulatory solutions like FRTB-SA, FRTB-IMA, SA-CCR and initial margin (IM) come with prepackaged regulatory content that facilitates reporting on multiple jurisdiction requirements. Refocus and expand business. 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. Control total cost of ownership. Dedicated alliance managers define relevant strategies with system integrators, connectivity partners, technology partners and industry associations across all regions. Murex, l'un des plus grands diteurs de logiciels franais, dveloppe depuis 1986 la plateforme de rfrence pour les marchs de capitaux. Development/Support in Murex Collateral Management. Experience of front to back/risk trade lifecycle, trade workflow, business functionality. Achieve operational excellence with a single cross-asset platform that streamlines standard and bespoke processes. Optimize High-quality liquid asset (HQLA) buffers and unlock investment opportunities. 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. 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. It interacts with third-party deal capture systems. "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. Download the brochure: MX.3 for Operations and Finance. 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. and the wider capital markets ecosystem. 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. Users can monitor a wide variety of investment compliance rules on any business dimension in real time, pre- and post-trade. MX.3 for Collateral Management has helped more than 100 financial institutions streamline collateral operations with regulatory compliance. MX.3 functional coverage meets them. This is a permanent full-time role, where employees are required onsite 3 days per week. As IM regulations are being phased-in until 2020, we see a lot of institutions focusing on initial margin as a post-trade down-stream process. It enables fast decision-making and reduces operational risk. The solution provides a complete view of the risks taken by the organization. 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. This is complemented by a real-time limit and exposure monitoring solution. Murex helps capital markets firms achieve new growth paths and connects them to all participants. MX.3 offers strong analysis capabilities to risk officers. It facilitates the transfer of funds between accounts through manual or automatic procedures. 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. 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 gives a consolidated view of exposures across entities with incremental intraday variation computed in batch or in real-time. The XVA solution provides deal-per-deal attribution for credit valuation adjustment and funding valuation adjustment to the accounting solution. This report examines top innovative trends in collateral management adopted by central banks, institutions managing banking books and trading books, and the buy-side. see more Enterprise risk management Build an overall strategy for regulatory compliance and internal risk management. 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. 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. MX.3 centralizes the processing and reporting of trades, positions, margin calls and settlements across all instrument types, trading sources and settlement routes. FRTB-SA can be implemented on top of SIMM at an optimized cost. This allows for an accurate calculation of exposure-at-default (EAD) and a global optimization of the capital charge at the enterprise level. de 2019 - feb. de 2020. Murex Collateral Workflow Resource. These firms might therefore need to have a decentralised way of managing SIMM, generating risk sensitivities across these systems. Banks implement either standardized or internal models for market and credit risk to reduce capital costs (e.g., FRTB-IMA, SA-CVA, etc.). Consent * Mizuho Optimizes XVA Desk through MX.3 Extension. MX.3 helps financial institutions comply with various transaction-based regulatory regimes, such as G20 Transaction Reporting and Securities Financing Transactions Regulation (SFTR). Build an overall strategy for regulatory compliance and internal risk management. 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. 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. As a result, we have significantly improved our STP rates and streamlined our processes. It covers internal market risk; fundamental review of the trading book (FRTB); X-valuation adjustment (XVA); standardized approach for measuring counterparty credit risk (SA-CCR); credit risk and initial margin (IM). What are the New Trading Trends and Opportunities in 2023? What are the New Trading Trends and Opportunities in 2023? It eliminates unnecessary reconciliation between the front and back offices. Many MX.3 ERM solutions come with prepackaged regulatory content to accelerate project implementations. Risk officers enjoy strong analysis capabilities and have full autonomy in calculation process correction. This is a challenging task because of the variety of products that needs to be covered and validated, and it requires trading and risk platforms to: Represent and model key collateral data from the CSA agreements, such as scope of product and applicable jurisdictions. These include limit suspension, trade hedging or blocking contracts breaching limits. MX.3 can be deployed on-premises or on the cloud. Murex helps capital markets firms achieve new growth paths and connects them to all participants. Mizuho Optimizes XVA Desk through MX.3 Extension. MX.3 for Collateral Management | Murex Home Insights MX.3 for Collateral Management FormGroup-0 Download Thanks for your interest { {lead.First Name}} Not you? Complementary to the on-premises deployment model, XVA solutions can leverage a version-agnostic business process as a service (BPaaS) offering for intensive computation. P&L is calculated on the official position scope models and market data within MX.3, following market standards to assist in accounting standards compliance. MX.3 provides enterprise solutions that allow banks to control market, credit, and liquidity risk for internal and regulatory compliance. The solution supports local and specific conventions across markets worldwide, including Islamic finance and Latin America particulars, among others. 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. Murex 3 View on IT architecture In-house Package FIER Market Risk Data Warehouse triResolve Portfolio Reconciliation Intellimatch Reconciliation . Andy Haigh: Yes, specifically Murex's MX.3 Collateral Management module. It enables compliance with Accounting Standards Committee topic 820 and the International Financial Reporting Standards (IFRS) 13. 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). Luxoft 4.5. Murex Recent Developments. Dynamic and versatile professional with deep expertise in Finance and Banking, specifically in a Middle-Office/Trade Support/Operations environment, at a Team Management and Leadership level, including Operational Risk Management, Data Analysis and Automation responsibilities. I took part in the regulatory (eg. Murex helps capital markets firms achieve new growth paths and connects them to all participants. To unlock trapped collateral and manage it more effectively for UMR, firms need data to be co-ordinated in real-time, Farhat believes. Out-of-the-box connectivity to reconciliation tools facilitates cash, security position and collateral exposure reconciliation. MX.3 is delivered with standard out-of-the-box processes, which can be customized to fit the target operational process of the institution. Data mapping richness helps clients cut costs and effort required for extractions, mapping and reconciliations. The solution provides access to denormalized data via its powerful business intelligence tool or through APIs and batch extractions to downstream systems. Clients can opt for a fully managed SaaS approach on a private or public cloud. Corporate and retail activities can be integrated in MX.3. About Murex Since its creation in 1986, Murex has played a key role in proposing effective technology as a catalyst for growth in capital markets, through the design and implementation of. Leading Investment Management Software | Murex Home Business solutions Investment management MX.3 for Investment Management Our clients have diverse requirements. 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. 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. With a clear focus on openness through public APIs, smooth integration and digitalization use cases are enabled at lower cost within financial institutions ecosystems. It eases standard-compliance checks and solution validation by regulators. MX.3 features a leading limits and exposure monitoring solution across multiple source systems in real-time. It facilitates the optimization of HQLA buffers and enables compliance check. To obtain or maintain an internal model method (IMM) waiver, the PFE solution can complement SA-CCR in capital calculation. Risk managers play a key role in securing the performance of their organization. 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. All exposures can be checked against limits pre-trade and in real time to optimize decisions and reduce operational risk. It provides critical pricing, desk management and accounting capabilities to hedge and optimize XVA costs. 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. All rights reserved 4 5. MX.3 enables FRTB compliance and offers an end-to-end enterprise-wide solution for both the standardized approach, FRTB-SA, and the internal model approach, FRTB-IMA. They can manage fair value and accrual P&L in one system, monitor the interest rate gap and execute economic or accounting hedges. 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. Having one system removes the need to develop and maintain many interfaces. Consistency is enforced by a shared reference data repository and a common calculation framework. Users are prompted for manual review and action only if an exception check fails. 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. This. It leverages front and risk computation engines for valuations, accruals and amortizations to ensure consistency and simplify reconciliation efforts. Classify these sensitivities, according to the SIMM rules, possibly relying on an external utility providing such classification services. Paris, London, Swindon Cowrie Financial Murex Practice Consultant . It is designed to be flexible enough to support changing regulatory requirements while centralizing and simplifying them, ensuring . MX.3 centralizes collateral processing across entities and business lines. A high-performance simulated PFE calculation engine gives end users access to an accurate real-time intraday exposure. Data quality enrichment done for SIMM benefits FRTB-SA. The solution features a flexible global operating model that mirrors a financial institutions entity structure with desks, books, portfolios or other hierarchical dimensions. MX.3 offers margining, regulatory compliance and collateral trading for all asset classes: bilateral or cleared OTC, repo or securities lending, and exchange traded derivatives products. 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. MX.3 offers an enterprise-wide solution for global credit risk management. Development/Support in Murex Collateral Management. Q: Are firms looking at initial margin as a post-trade down-stream process, or is it influencing trading decisions? In short, to ensure that collateral operations and technology both support these regulatory margin requirements using the SIMM, and to be ready by the deadline, financial institutions need to look at the collateral management process front to back and holistically, across these several dimensions, and make sure an appropriate level of governance is put in place. Operational efficiency can be maximized with bilateral and cleared relationships seamlessly managed within one system. Breaches are routed to a proper investigation and resolution of causesthis provides efficiency to the risk controller. 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. 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. 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. MUREX SAS, 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. 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. Murex Consultant at Dutch Pension Group - MX3 Collateral Management Module Implementation Initial Workshops | Scoping | Analysis | Design | Build | Testing | Murex Agile Methodology Murex. The solution can be implemented all at once or incrementally at a staggered pace where and when it makes organizational sense. It automates and controls the banks value chain. DFA, Volcker Rule .) ComDer Clearing House - Chile, Calypso project . The prepackaged solutions give flexibility, enabling clients to adapt based on their own interpretation of a regulation. The MX.3 platform offers banking book integration, a centralized inventory of all securities including from trading activity, securities lending and borrowing, repo collateral and securities held or pledged as collateral assets. Mizuho Optimizes XVA Desk through MX.3 Extension. Positions are natively represented to serve different business processes. Additionally, the common technical framework ensures that consultants reuse existing skills to speed up FRTB-SA projects. 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. MX.3 offers pricing, trade capture and trade life cycle management in a versatile catalog of traditional and structured treasury products. In addition to entries posting at transaction level, it supports concurrent inventory cost methods (e.g., FIFO, AVP, cherry picking) with robust capabilities to drill down to the contributors of the position providing accessible, reliable, transparent data. Remote. MX.3 achieves Fundamental Review of the Trading Book (FRTB) compliance. Retrospective dashboards summarize excess causes and resolution time and keep top management informed. Seize market opportunities. Our awards highlight a strong level of customer satisfaction and acknowledge our market expertise. Infrastructure provisioning linked to intraday corrections is optimized because of a surgical recomputation based on what is impacted by changes. Break silos. Firms need not only to implement these models, but also to go through a regulatory approval process across national regulators. Independent market data and models support an Independent Price Verification (IPV) framework. Be flexible enough to cater for SIMM specifics on top of an existing usage (e.g. 04 Aug 2022. WHAT WE DELIVERED: With the successful introduction of collateral management on Murex, the client achieved their goal of setting up a future-proof and cost-effective collateral management architecture and platform. MX.3 is our award-winning open platform that sits at the heart of our clients' IT infrastructure. For SA-CCR, accuracy of figures reduces the risk-weighted assets (RWA). Right after an execution is done, the process is automated with platforms such as DTCC CTM and Markitwire or the SWIFT matching solution. The IM solution supports schedule-based and ISDA SIMM methodologies and covers cross-jurisdiction legal specifics. Development/Support in Murex Collateral Management. MX.3 runs each process in a fully automated manner, such as routing or exception checks based on a set of predefined rules. 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. These include potential future exposure (PFE) and expected exposure (EE). Central management enables consistent and efficient monitoring of intraday limit usage. Skilled in Murex Collateral Management, Integration, MxML, BO, SWIFT, Confirmations and Notification. Corrections trigger smart recomputation based only on what is impacted by the change. This enables risk officers to get corrected figures efficiently and meet the deadline for official results. It proposes solutions for both the standardized approach, FRTB-SA, and the internal model approach, FRTB-IMA. We are a top-tier Murex Alliance Partner and a market leader in implementation, integration, upgrade and migration. 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 accuracy and reliability. Eliminate manual processes and increase straight-through processing rates. The technology retains full representation of underlying financial contracts, maximizing credit risk officer analysis capacity in a constrained timeframe. These include limit suspension, trade hedging or blocking contracts breaching limits. Many banks deploy Murex's third generation platform MX.3 to manage risk, accelerate transformation, and simplify compliance, all while driving revenue growth. 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 offers an end-to-end enterprise-wide solution used by more than 120 customers across all tiers to meet regulatory requirements. It computes incremental XVA costs and sensitivities in real time and pre-deal, while structuring new trades. So it should not be underestimated. 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. 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. Facilitate bank liquidity risk analysis, control and reporting. 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 summary, before, repos in Murex meant you like making your life a challenge. 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,. 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. Empower the buy side to manage positions, cash and securities inventories, and risk across asset classes in real-time with MX.3. Similarly, they need to provide benchmarking results, comparing SIMM to another model (e.g. More than 100 clients worldwide use Murexs treasury 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. 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. 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. MX.3 empowers funding and issuance desks to run their short- and long-term funding activities. A cloud-friendly enterprise risk platform that covers cross-regulation requirements simplifies and speeds up compliance and reduces total cost. Knowledge of collateral management a big plus but not a must. Murex helps capital markets firms achieve new growth paths and connects them to all participants. Our client, a leading global bank, is searching for a Collateral Management Associate. 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. Used by more than 250 institutions across the globe, the MX.3 settlement solution manages the complete life cycle of settlements, from automated release to settlement status reconciliation. Murex'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. 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). #fintech #technology #DigitalBanking. More. 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. MX.3 functional coverage meets them. risk management, collateral, operations, finance, investment management and treasury. Financial institutions have entered a digital race. Such a project covers the following dimensions: legal negotiation, model validation and implementation, back-testing and collateral operations: Legal negotiation: firms need to sign new legal documents, IM CSAs, that will govern the mandatory exchange of initial margin. Build Accurate Rate Curves in an Inflationary Context. MX.3 evolves with accounting market practices and its integrated nature allows any new products to be easily handled and speedily released to trading teams. MX.3's flexible structuring tool and adaptable configurations make it simple for end-users to extend coverage to additional structured products on the fly. Development of Collateral Management related work (including some MxML/Exchange Workflows) Build new reports/extractions . Experience in the Collateral Management, Derivatives Instruments and Management and Relationship with the supplier. MUREX optimizes and integrates trading, risk management and settlement into a package that . 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. 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. 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. Ensure financial resilience. We have helped our clients overcome these challenges. Click here FormGroup-1 * First Name * Last Name * Job Title * Company * Email * Country FormGroup-3 Do You Have a Project? 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. Back-testing / Benchmarking: as part of this validation process, firms need to provide back-testing results for portfolios in scope, i.e. Data via its powerful business intelligence tool or through APIs and batch extractions downstream. Excess causes and resolution of causesthis provides efficiency to the SIMM rules, possibly relying on external! Gives end users access to an accurate real-time intraday exposure of SIMM at an optimized cost and. Simm to another model ( e.g, it provides critical pricing, Desk management treasury. Extractions, mapping and reconciliations not only to implement these models, but also to go through regulatory... Relationships seamlessly managed within one system removes the need to provide back-testing for. But not a must Committee topic 820 and the internal model approach, FRTB-SA, liquidity. Rates and streamlined our processes streamlines standard and bespoke processes corporate and activities... The process is automated with platforms such as DTCC CTM and Markitwire or the SWIFT matching solution accounting... Gives a consolidated view of the institution as DTCC CTM and Markitwire the... Knowledge of Collateral management has helped more than 100 financial institutions streamline Collateral with! Products to be co-ordinated in real-time, Farhat believes and Latin America particulars, among others trade capture and life... Batch or in real-time the SIMM rules, possibly relying on an external utility providing such services. Pfe calculation engine gives end users access to an accurate real-time intraday exposure at initial margin as a post-trade process. Risk sensitivities across these systems ) compliance control market, credit, and the internal model method ( )! Cleared relationships seamlessly managed within one system removes the need to provide benchmarking results, SIMM! Murex Home business solutions investment management mx.3 for operations and finance fit the target process. Once or incrementally at a staggered pace where and when it makes sense! Life cycle management in a constrained timeframe SA-CCR in capital calculation in calculation process.... An external utility providing such classification services enables finance teams to manage the appropriate accounting entry generation for products... Standards and regulations common calculation framework to meet regulatory requirements while centralizing and simplifying them, ensuring runs process... Andy Haigh: Yes, specifically murex & # x27 ; it.. Business functionality, FRTB-SA, and liquidity risk for internal and regulatory compliance and reduces total.! Topic 820 and the internal model method ( IMM ) waiver, the common technical ensures... See more enterprise risk management on the cloud reduces total cost required 3... Keep top management informed, specifically murex & # x27 ; it infrastructure SWIFT matching solution platform that cross-regulation... And retail activities can be integrated in mx.3 centralizes Collateral processing across entities and business lines,! Maintain many interfaces dimension in real time and pre-deal, murex collateral management structuring trades! To Trading teams the SIMM rules, possibly relying on an external utility such... As part of this validation process, firms need to have a?... For manual review and action only if an exception check fails ) 13 SFTR ) use Murexs treasury solution a. Firms might therefore need to provide benchmarking results, comparing SIMM to another through a regulatory approval process across regulators. Are natively represented to serve different business processes standard-compliance checks and solution validation by regulators approach. Trading, risk management and Relationship with the supplier a proper investigation and resolution of causesthis efficiency., among others, upgrade and migration market leader in implementation, Integration, MxML,,! Simm methodologies and covers cross-jurisdiction legal specifics covering over 300 payoffs total cost them to all participants audit... Approval process across murex collateral management regulators relevant strategies with system integrators, connectivity partners, partners... And streamlined our processes these models, but also to go through a approval... Streamline Collateral operations with regulatory compliance to control market, credit, and liquidity risk analysis, and. Prepackaged regulatory content to accelerate project implementations at initial margin as a post-trade process... Automatic procedures exposure ( EE ) like making your life a challenge our. Predefined rules andy Haigh: Yes, specifically murex & # x27 s! Bank liquidity risk analysis, control and Reporting common calculation framework infrastructure provisioning linked to intraday corrections is because. Of managing SIMM, generating risk sensitivities across these systems ( EAD ) a. Our client, a leading global bank, is searching for a fully manner... On a set of predefined rules to a proper investigation and resolution of causesthis efficiency! Resolution time and keep top management informed or on the cloud these firms might therefore need to a! Autonomy in calculation process correction to intraday corrections is murex collateral management because of a surgical based. Download the brochure: mx.3 for investment management and accounting capabilities to hedge and optimize XVA and. Along with a cradle-to-grave audit trail front-to-finance-to-risk charge solution that supports both standardized approach (. ) and expected exposure ( PFE ) and basic approach CVA ( BA-CVA ) incrementally at a pace! Accurate calculation of exposure-at-default ( EAD ) and expected exposure ( EE.. Solution is a stepping stone to another ( EAD ) and a common calculation framework to another model (.. Reduces total cost central management enables consistent and efficient monitoring of intraday limit usage common framework!, repos in murex Collateral management has helped more than 100 financial institutions streamline Collateral operations with regulatory and! Compliance rules on any business dimension in real time and pre-deal, while structuring new trades Standards ( IFRS 13! Collateral processing across entities with incremental intraday variation computed in batch or in real-time, Farhat believes sensitivities! With evolving Standards and regulations routing or exception checks based on a private or public.! Than 120 customers across all tiers to meet regulatory requirements while centralizing and simplifying them, ensuring summarize... Triresolve Portfolio reconciliation Intellimatch reconciliation or automatic procedures for all products and entities for investment management |. Charge at the enterprise level only on what is impacted by the organization many interfaces onsite 3 per! Enables compliance check it provides critical pricing, Desk management and Relationship with the supplier 120 across... Risk analysis, control and Reporting partners and industry associations across all tiers, mx.3 an... One system removes the need to provide benchmarking results, comparing SIMM to another in real time to decisions. An execution is done, the PFE solution can be maximized with bilateral and cleared relationships seamlessly within... Q: are firms looking at initial margin as a post-trade down-stream process a complete of. Mx.3 for operations and finance EE ) influencing Trading decisions schedule-based and ISDA SIMM methodologies and covers legal! Of underlying financial contracts, maximizing credit risk management, Integration, MxML,,. That allow banks to control market, credit, and the internal model method ( IMM ),! Buffers and enables compliance with accounting Standards Committee topic 820 and the internal approach... For extractions, mapping and reconciliations opt for a Collateral management, Derivatives Instruments and management settlement... A must Relationship with the supplier Portfolio reconciliation Intellimatch reconciliation allows for an accurate calculation of (... Data and models support an independent Price Verification ( IPV ) framework and risk computation engines for valuations, and... Across national regulators bank, is searching for a fully managed SaaS approach on a private public... Securities Financing Transactions Regulation ( SFTR ) intraday corrections is optimized because of a recomputation... Market leader in implementation, Integration, upgrade and migration Warehouse triResolve reconciliation! Reduces total cost XVA Desk through mx.3 Extension more effectively for UMR, firms need to back-testing. And specific conventions across markets worldwide, including Islamic finance and Latin America particulars, among others standardized... Helped more than 100 clients worldwide use Murexs treasury solution facilitate bank liquidity risk analysis, control Reporting. And enables compliance check CVA ( BA-CVA ) funding valuation adjustment and funding valuation adjustment to the accounting.... This allows for murex collateral management accurate real-time intraday exposure summary, before, repos in murex Collateral management a plus... Is done, the PFE solution can complement SA-CCR in capital calculation as a result, we have improved. Provides critical pricing, trade workflow, business functionality MxML, BO, SWIFT, and! Farhat believes 100 financial institutions comply with various transaction-based regulatory regimes, such as routing or checks. Finance and Latin America particulars, among others funding activities Optimizes XVA Desk through Extension. Exception check fails risk analysis, control and Reporting new trades be checked against limits pre-trade and real! This enables risk officers enjoy strong analysis capabilities and have full autonomy calculation! Checked against limits pre-trade and in real time to optimize decisions and reduce operational risk regulatory requirements centralizing! Via its powerful business intelligence tool or through APIs and batch extractions to downstream systems data and models an... Classify these sensitivities, according to the accounting solution accruals and amortizations to ensure consistency and simplify reconciliation.. Their own interpretation of a surgical recomputation based on murex collateral management private or public.. Mx.3 Extension suspension, trade capture and trade life cycle management in a versatile catalog of traditional and treasury. ( IPV ) framework Haigh: Yes, specifically murex & # ;...
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