Mizuho Optimizes XVA Desk through MX.3 Extension. 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. 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. Mizuho Optimizes XVA Desk through MX.3 Extension. MX.3 features a leading limits and exposure monitoring solution across multiple source systems in real-time. Our clients have diverse requirements. It enables compliance with Accounting Standards Committee topic 820 and the International Financial Reporting Standards (IFRS) 13. Rahba: Lets look at the end-to-end process of getting IM calls settled on a daily basis. Our awards highlight a strong level of customer satisfaction and acknowledge our market expertise. The enterprise risk management solution builds on the MX.3 platform. Many MX.3 ERM solutions come with prepackaged regulatory content to accelerate project implementations. 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. These include Basel, IFRS/FAS, ASC 815/ASU 2017-12, IBOR Reform, SWIFT transition to ISO20022 cash messages, EMIR, Dodd-Frank and SFTR. Facing a quickly evolving regulatory environment, MX.3 enables clients to stay ahead, across various processes: Collateral management, with uncleared margin rules, Transaction Regulatory Reporting, with the coming major rules review (e.g., EMIR refit, CFTC rewrite). Build an overall strategy for regulatory compliance and internal risk management. FRTB-SA can be implemented on top of SIMM at an optimized cost. 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. Mizuho Optimizes XVA Desk through MX.3 Extension. It computes incremental XVA costs and sensitivities in real time and pre-deal, while structuring new trades. 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. This enterprise risk management software is used by a large and diverse range of market participants to meet regulatory requirements including Basel III, Dodd-Frank, European market infrastructure regulation (EMIR) and Volcker. 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. From their day-to-day screen, they can slice and dice and drill down to the finest calculation inputs without recalculation. Limits can be temporarily increased, or the limit line can be reallocated across business units and desks. Somaiya COE, Mumbai | Learn more about Sachin . Murex, l'un des plus grands diteurs de logiciels franais, dveloppe depuis 1986 la plateforme de rfrence pour les marchs de capitaux. 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. Download the brochure: MX.3 for Bank Treasury, Head of Operations and Strategic Development, Nationwide Building Society, treasury division. The system relies on its generic workflow framework handling, transactions, settlements, static data and more: It is real time to minimize processing time. It avoids mapping issues and brings implementation efficiency and day-to-day accuracy. It enables compliance with Accounting Standards Committee topic 820 and the International Financial Reporting Standards (IFRS) 13. Our clients have diverse requirements. Murex Workflow and Collateral Management experienced resource needed for a remote role supporting aSee this and similar jobs on LinkedIn. This hybrid deployment model allows Murex clients to avoid costly hardware buys and answers regulatory constraints linked to sensitive data. MX.3 enables the management of corporate actions, from sourcing to settlement across various asset classesequities, fixed income and securities finance: Voluntary, mandatory and mandatory with choice events management for securities, listed and OTC derivatives, Full life cycle management, including notification, simulation of elections, reconciliation, settlement and accounting, Corporate actions journal management and automatic propagation to positions, trades and static data, Automated allocation to internal books through configurable rules. 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. Close the gap between front office, risk, operations and finance with MX.3 advanced analytics and leading product coverage. 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 . MX.3 simplifies post-trade with all products, from high-volume FX cash to complex over-the-counter derivatives, managed on a robust, single platform. Monitor exposure in real time and pre-deal. 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. MX.3 increases transparency and visibility, giving end users, managers and auditors a complete view of the full hedge accounting chain, from trade booking to documentation to financial statements. 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. In the context of a major rules review, MX.3 reduces the burden of transaction regulatory reporting implementations featuring: Reporting eligibility to determine reporting obligation and data enrichment process, Reporting initiation that includes a business logic to trigger reporting messages in the post-trade and at end of day, Data mapping, format transformation and connectivity to trade repositories, including DTCC GTR, Real-time exception management and monitoring, including mitigation actions for exceptions such as reporting resubmission, Post-reporting reconciliation with DTCC-GTR, with OOB extractions and data mapping against DTCC-GTR Trade State Report. Refocus and expand business. 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 enables treasury management for subsidiaries, special purpose vehicle (SPV) and branches either in a centralized or a decentralized model. It is designed to be flexible enough to support changing regulatory requirements while centralizing and simplifying them, ensuring . 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. Murex has more than 57,000 daily users in over 60 countries. Our future-ready solutions include system transformation, DevOps enablers, cloud, continuous testing, upgrades and managed services. 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Manage market risk for trading and banking books in one system. Portfolio manager Risk Manager Trader Compliance officer Back-office analyst CTO Stephen Jones Head of Group Finance and BSM IT Momentum Metropolitan We see most challenges arising from the first and last piece of the process. Our client, a leading global bank, is searching for a Collateral Management Associate. MUREX optimizes and integrates trading, risk management and settlement into a package that . Head of Operations Head of finance Head Product Control Head of collateral Back-office analyst Data specialist Pamela Hacker Our Murex services include system transformation, DevOps enablers, cloud, continuous testing, upgrade and managed services. Build Accurate Rate Curves in an Inflationary Context. The SA-CCR solution includes necessary documents to reduce documentation efforts for clients. 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. The Search for a True, Front-to-Back, Modular Vendor Offering . This. Corrections trigger smart recomputation based only on what is impacted by the change. Centralize collateral management enterprise-wide. Murex Collateral Workflow Resource. 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. This rollout of PFE was made possible thanks to our partnership with Murex and its upgrade as a service. 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 facilitates proper risk management, transparency and governance. MX.3 features a real-time portfolio management solution with dedicated dashboards for risk monitoring and performance measurement and attribution. The last piece of the process, margin call processing, has similarities with the variation margin process, but it comes with some specificities: in particular, once firms have agreed with their counterparties on the amounts of initial margin and additional collateral, they are then generally relying on tri-party agents to fulfil their collateral requirements. MX.3 enables institutions to achieve these objectives from trade booking to affirmation / confirmation, down to settlement and position management. It is very flexible. The solution also supports the computation and transfer of funding valuation adjustment (FVA) for derivatives transactions. These include limit suspension, trade hedging or blocking contracts breaching limits. These include potential future exposure (PFE) and expected exposure (EE). Aug 2013 - Jun 20162 years 11 months. Sibos 2022: Listen to Rabobank, Murex and Accenture as they provide perspectives on the opportunities of IT re-platforming. This is complemented by a real-time limit and exposure monitoring solution. It facilitates compliance with the latest regulatory requirements and unlocks a fast time to market to cope with new demands. Murex has today announced extended reconciliation functionality in its MX.3 collateral management offering, Murex Collateral Manager. Operations are no exception. 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. It provides deal-per-deal attribution for credit valuation adjustment and funding valuation adjustment to the accounting solution. MX.3 offers pricing, trade capture and trade life cycle management in a versatile catalog of traditional and structured treasury products. 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). 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 minimizes the time infrastructure is used for recomputation and enables cost savings with a pay-as-you-go model. 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. Leverage innovation, scale and amplify with the power of the cloud. 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. The solution provides access to denormalized data via its powerful business intelligence tool or through APIs and batch extractions to downstream systems. Nowadays, they are very simple, very easy to use with most if not all functions your repo desk will need. Cash collateral is provided to Eurex Clearing by way of full title transfer. Our clients have diverse requirements. We are a top-tier Murex Alliance Partner and a market leader in implementation, integration, upgrade and migration. Development/Support in Murex Collateral Management. Consent * 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. Beyond the automation capabilities enabled, which include margining, allocation, settlement and accounting, MX.3 is designed and uniquely positioned to provide integrated functions: optimize allocations according to cheapest to deliver, maintain enterprise inventory of securities, integrate with securities finance, refine XVA pricing and risk management and comply with regulations such as SFTR and SA-CCR. Development of Collateral Management related work (including some MxML/Exchange Workflows). Rahba: The new version of the SIMM, 2.0 introduces risk factors for three product types volatility indices, quanto CDS and municipal swaps and includes a full recalibration of parameters (correlations and risk weights). Out-of-the-box connectivity to reconciliation tools facilitates cash, security position and collateral exposure reconciliation. Innovate and improve customer experience and personalization. Murex 3 View on IT architecture In-house Package FIER Market Risk Data Warehouse triResolve Portfolio Reconciliation Intellimatch Reconciliation . $136,000 to $150,000 Yearly. Murex helps capital markets players scale and amplify MX.3 platform benefits with the power of the cloud. It enables end users to get figures analyzed efficiently and meet the deadline for official results sign-off. MX.3 addresses the requirements of modern treasuries. Murex helps capital markets firms achieve new growth paths and connects them to all participants. Banco de Crdito e Inversiones - Chile, Calypso project ene. Luxoft 4.5. 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. All rights reserved 4 5. It provides critical pricing, desk management and accounting capabilities to hedge and optimize XVA costs. 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. MX.3 functional coverage meets them. MX.3 runs each process in a fully automated manner, such as routing or exception checks based on a set of predefined rules. 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. Murex is a long-term partner as it supports firms on their journey toward compliance and beyond to optimize processes and best practices. 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. Short-term funding desks have tools to book and manage deposits, commercial papers, certificate of deposits, repos, reverse repos and more. 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