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. 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. Murexs ownership of this process allowed Banorte to focus on our own complete internal operating overhaul for setting up a dedicated XVA desk. MX.3 offers an end-to-end enterprise-wide solution used by more than 120 customers across all tiers to meet regulatory requirements. Overview. Limits can be temporarily increased, or the limit line can be reallocated across business units and desks. Innovate and improve customer experience and personalization. As a back-office user, the processing work is reduced to the minimum with a high degree of automation from matching to clearing and settlement. Because all cash transactions are transferred into a single account at Eurex Clearing, segregation is achieved on the clearing house level using the record-keeping of Eurex . What are the New Trading Trends and Opportunities in 2023? 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 is our award-winning open platform that sits at the heart of our clients' IT infrastructure. Consistency is enforced by a shared reference data repository and a common calculation framework. Murex supports diverse financial services clients, from banking and asset management to commodities and energy. The Murex treasury solution is recognized for its real-time capabilities for data, as well as pre- and post-deal limit checks. Trade level CVA and FVA can be allocated to the proper unit of account. Infrastructure provisioning linked to intraday corrections is optimized because of a surgical recomputation based on what is impacted by changes. We have helped our clients overcome these challenges. 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. Murex has more than 57,000 daily users in over 60 countries. We can see that multiple departments are thus impacted including front office, collateral management operations, risk and legal departments. This hybrid deployment model allows Murex clients to avoid costly hardware buys and answers regulatory constraints linked to sensitive data. 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. Development/Support in Murex Collateral Management. Due to high accuracy and full coverage of risk-weighted assets (RWA) across multiple jurisdictions, this end-to-end solution enables strong capital payback. 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). Extend the usage of securities as collateral. MXCMS provides end to end solution for Collateral management which is being given by Murex and the leader in Capital market Trading Platform.IT provide a single collateral Platform across. The MX.3 enterprise market risk solution provides a complete view of risks across the organization. MX.3 offers strong analysis capabilities to risk officers. The system relies on its generic workflow framework handling, transactions, settlements, static data and more: It is real time to minimize processing time. The solution covers the range of exposures for market, credit, liquidity and operational risks across trading, banking and investment books. It enables compliance with Accounting Standards Committee topic 820 and the International Financial Reporting Standards (IFRS) 13. Answer (1 of 3): Three options: 1- get hired by Murex: they have offices throughout the world (Paris, New York, Beirut, Singapore, Sao Paolo, Shangai, ). 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. To analyze figures, credit risk officers take advantage of in-memory aggregation technology. 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. 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. As the dust starts to settle for firms that have put the deadline behind them, these firms are looking more and more at the impact of such margins on the value chain of trading. More than 100 clients worldwide use Murexs treasury solution. Discover opportunities posed by regulatory requirements. The risk controller benefits from real-time position insights with the ability to take effective actions immediately. Central management enables consistent and efficient monitoring of intraday limit usage. The solution supports local and specific conventions across markets worldwide, including Islamic finance and Latin America particulars, among others. It specializes in all asset classes while managing collateral, margins, and OTC positions. 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. Rahba: Lets look at the end-to-end process of getting IM calls settled on a daily basis. FRTB-SA leverages over two decades of experience in sensitivity analyticsit brings accuracy and rich product coverage. Our awards highlight a strong level of customer satisfaction and acknowledge our market expertise. 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. Experienced Murex Professional with a demonstrated history of working in the investment banking. <br><br> SME in OTC Derivatives' - Credit, FX and Rates - related events and lifecycle management<br> Experienced . A centralized, robust and automated framework, MX.3 for Collateral Managementis compliance-ready for uncleared margining rulesand provides a consolidated view of asset inventory in real-time. 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. It leverages a pay-as-you-go model and infrastructure elasticity. MX.3 offers pricing, trade capture and trade life cycle management in a versatile catalog of traditional and structured treasury products. 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. MX.3 gives a consolidated view of exposures across entities with incremental intraday variation computed in batch or in real-time. First, it saves costs by maximizing automated STP processes and reducing manual intervention to where it adds value. We see most challenges arising from the first and last piece of the process. The 2022 Risk Technology Awards recognised products and services that helped firms steer through the Covid-19 pandemic, a testament to the winners' resilience in the face of unprecedented disruption and the key role they play in today's markets. 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. Regulations have had a dramatic impact across all business processes within capital markets. It is powered by a robust, high-volume infrastructure with a global real-time operating model. Murex is a leading global software provider of trading, risk management, processing operations, and post-trade solutions for capital markets. Our Murex services include system transformation, DevOps enablers, cloud, continuous testing, upgrade and managed services. MX.3 is our award-winning open platform that sits at the heart of our clients' IT infrastructure. So it should not be underestimated. Murex helps capital markets firms achieve new growth paths and connects them to all participants. The aim is long-term value creation. Powerful KPI reporting for operational risk control and regulatory indicators is provided, as well as statistics on time-to-match, time-to-clear. Optimize High-quality liquid asset (HQLA) buffers and unlock investment opportunities. It recognizes that collateral management has become very intertwined with many business functions within financial institutions. MX.3 for Collateral Management has helped more than 100 financial institutions streamline collateral operations with regulatory compliance. Centralize collateral management enterprise-wide. 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 helps financial institutions comply with various transaction-based regulatory regimes, such as G20 Transaction Reporting and Securities Financing Transactions Regulation (SFTR). 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. In each client jurisdiction, a local regulatory watch ensures those packages remain up-to-date with regulation changes. 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. It facilitates proper risk management, transparency and governance. MX.3 offers a multi-GAAP, multi-entity and multi-currency accounting ledger for trades and positions across derivatives and cash instruments. Our client, a leading global bank, is searching for a Collateral Management Associate. It brings risk figure consistency across regulatory solutions, such as CVA capital charge, counterparty credit risk risk-weighted assets (RWA), central counterparty (CCP) charge, large exposure reporting or leverage ratio. ("Murex"), the leading provider of integrated trading, risk, collateral and processing solutions, and AcadiaSoft Inc ("AcadiaSoft") are p It automates and controls the banks value chain. MX.3 offers a genuine end-to-end trade life cycle management with a high-performing straight-trough processing (STP) framework. Download our MX.3 for Enterprise Risk Management brochure. Strong professional with a BE degree focused in Information Technology from K.J. Murex Credit Risk and Collateral Management consultant Currently Collateral stream lead on a new front to back Murex Implementation in New York, managing a small team on the collateral. It offers a wide integration capability that enables a smooth fit within existing IT landscapes. cross-currency swaps). Our awards highlight a strong level of customer satisfaction and acknowledge our market expertise. 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. Our clients have diverse requirements. I took part in the regulatory (eg. They provide risk forecasts and help trading to take risk-informed decisions from inception. 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. Murex treasury solution is recognized for its real-time capabilities for data, as well as pre- and post-deal checks. 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