murex collateral management

Achieve operational excellence with a single cross-asset platform that streamlines standard and bespoke processes. MX.3 streamlines the full hedge accounting process end-to-end, be it micro-hedge or macro-hedge, with a broad coverage of hedge types (e.g., fair value hedge, cash flow hedge, net investment in foreign currency hedge). 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. Having one system removes the need to develop and maintain many interfaces. It is designed to be flexible enough to support changing regulatory requirements while centralizing and simplifying them, ensuring . MX.3 can be managed by the customer or delivered in SaaS by Murex. 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. Due to high accuracy and full coverage of risk-weighted assets (RWA) across multiple jurisdictions, this end-to-end solution enables strong capital payback. Murex helps capital markets firms achieve new growth paths and connects them to all participants. 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. Right after an execution is done, the process is automated with platforms such as DTCC CTM and Markitwire or the SWIFT matching solution. Murex Consultant/Developer Encore Theme Mount Laurel, NJ Estimated $91.9K - $116K a year Risk control can monitor the SA-CCR in addition to the existing CEM framework in a single system. 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. Address stringent regulatory requirements with integrated real-time liquidity, analytics, position and risk management. MX.3 can be deployed on-premises or on the cloud. Integrate front-to-back-to-risk offices. 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. Financial institutions have entered a digital race. Achieve regulatory compliance. 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. Its powerful Monte Carlo engine simulates counterparty credit risk measures. Experience of front to back/risk trade lifecycle, trade workflow, business functionality. Luis Alejandro Medina Portillo, Market Specialist & Regional Manager at Murex LatAm, will be joining an expert panel at the event to discuss the evolving roles of traditional banking and fintech. Murex is a leading global software provider of trading, risk management, processing operations, and post-trade solutions for capital markets. Security instruments: across both equities and bonds, with out-of-the-box connectivity to Bloomberg to collect ISIN data. Risk managers play a key role in securing the performance of their organization. Overview. Corrections trigger smart recomputation based only on what is impacted by the change. 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. 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,. de 2016 - jun. de 2019 - feb. de 2020. Development of Collateral Management related work (including some MxML/Exchange Workflows). It is based on qualitative interviews with over 30 market participants conducted in the second and third quarters of 2020. Mizuho Optimizes XVA Desk through MX.3 Extension. The solution supports local and specific conventions across markets worldwide, including Islamic finance and Latin America particulars, among others. Treasurers have a complete view of the funding requirements and liquidity profile of the banking and trading business units in a single dashboard. 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. and business. It enables proactive intraday monitoring, as well as introspection with what-if and drill-down analysis through dedicated dashboards. It is powered by a robust, high-volume infrastructure with a global real-time operating model. 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. Limits can be temporarily increased, or the limit line can be reallocated across business units and desks. It facilitates proper risk management, transparency and governance. 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. In 2019, the collateral management and OTC derivatives processing vendor solutions space is dominated by two questions from a Tier I and Tier II investment bank selection process perspective: 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. 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. 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. Overview. Nowadays, they are very simple, very easy to use with most if not all functions your repo desk will need. The Search for a True, Front-to-Back, Modular Vendor Offering . Murex is a global fintech leader in trading, risk management and processing solutions for capital markets. MX.3 provides enterprise solutions that allow banks to control market, credit, and liquidity risk for internal and regulatory compliance. Our Murex services include system transformation, DevOps enablers, cloud, continuous testing, upgrade and managed services. A common data model allows the solutions to seamlessly interact with one another. MX.3 is delivered with standard out-of-the-box processes, which can be customized to fit the target operational process of the institution. Ensure financial resilience. MX.3 has helped numerous financial institutions across the globe to be compliant on time, while unleashing new business opportunities. It facilitates the optimization of HQLA buffers and enables the investment of excess cash using diversified approaches. MX.3 is our award-winning open platform that sits at the heart of our clients' IT infrastructure. Murex, Amid Hiring Drive, Ranked Second-Best Place to Work in France, Glassdoo, Anadolubank Goes Live on MX.3 with MXGO for Treasury and Trading Management, Murex Sees Strong Recognition at Asia Risk Technology Awards 2022, Murex Develops Interface that Offers Fixed Income, Derivatives Data from ICE, Murex Extends Winning Streak in IBSi Sales League Table, MX.3 Again Named Software Solution of the Year at the FTF Awards, Bank Pekao SA Selects Murex to Optimize Total Cost of Ownership, Piraeus Bank Completes Rationalization Project with Murex, Murex Ranked as a Top 10 Place to Work in France on Glassdoor, Murex Expands Mexico City Offices and Bolsters Americas Presence, At Murex, were pleased to be attending and supporting the RiskMathics Digital Banking & Financial Technologies Forum, taking place in Santa Fe from 7th-9th March. Format results as per the standard ISDA CRIF (Common Risk Interchange Format). risk management, collateral, operations, finance, investment management and treasury. The solutions powerful workflow framework for trade, settlement and confirmation processes produces extremely high level of automation along the entire value chain. 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. It eases standard-compliance checks and solution validation by regulators. Risk management. MX.3 centralizes the processing and reporting of trades, positions, margin calls and settlements across all instrument types, trading sources and settlement routes. Aug 2013 - Jun 20162 years 11 months. 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. The solution covers the range of exposures for market, credit, liquidity and operational risks across trading, banking and investment books. Sibos 2022: Listen to Rabobank, Murex and Accenture as they provide perspectives on the opportunities of IT re-platforming. Murex helps capital markets players scale and amplify MX.3 platform benefits with the power of the cloud. ), netting agreements. The solutions support variations to the Basel standards and enable clients to adapt more quickly to regulatory changes with packages updates. 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). 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. Download the brochure: MX.3 for Bank Treasury, Head of Operations and Strategic Development, Nationwide Building Society, treasury division. This agile foundation brings together a specialized set of business process to deliver regulatory. 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. "Legacy systems cannot adapt fast enough to . The solution supports historical value at risk (VAR), expected shortfall, stress testing and profit and loss explanations. MX.3 helps control capital costs. Development/Support in Murex Collateral Management. Data mapping richness helps clients cut costs and effort required for extractions, mapping and reconciliations. Dedicated alliance managers define relevant strategies with system integrators, connectivity partners, technology partners and industry associations across all regions. 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. de 2016. Development/Support in Murex Collateral Management. Break silos. It supports cash and security pools, pool and trade-level margining and triparty profiles. 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. Build Accurate Rate Curves in an Inflationary Context. The complexity of these risks leads to ever-more-intensive computational needs, which require enterprise risk management software. DFA, Volcker Rule .) It recognizes that collateral management has become very intertwined with many business functions within financial institutions. MX.3 offers strong analysis capabilities to risk officers. We can see that multiple departments are thus impacted including front office, collateral management operations, risk and legal departments. Data quality enrichment done for SIMM benefits FRTB-SA. It facilitates the optimization of HQLA buffers and compliance checking. Centralize collateral management enterprise-wide. 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. Second, it provides control,with tools to monitor and act on exceptions along with a cradle-to-grave audit trail. This rollout of PFE was made possible thanks to our partnership with Murex and its upgrade as a service. Development of Collateral Management related work (including some MxML/Exchange Workflows). FRTB-SA leverages over two decades of experience in sensitivity analyticsit brings accuracy and rich product coverage. MX.3 for Collateral Management has helped more than 100 financial institutions streamline collateral operations with regulatory compliance. Murex provides integrated trading, risk management and processing solutions for banks, asset managers, hedge funds, corporations and energy utilities. MX.3 runs each process in a fully automated manner, such as routing or exception checks based on a set of predefined rules. The solution features a flexible global operating model that mirrors a financial institutions entity structure with desks, books, portfolios or other hierarchical dimensions. Facilitate bank liquidity risk analysis, control and reporting. Murex is a global fintech leader in trading, risk management, and processing solutions for capital markets. It minimizes the time infrastructure is used for recomputation and enables cost savings with a pay-as-you-go model. Discover opportunities posed by regulatory requirements. Have handson work experience of Java, Spring, ORacle and Sybase db. The system relies on its generic workflow framework handling, transactions, settlements, static data and more: It is real time to minimize processing time. 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. Powerful KPI reporting for operational risk control and regulatory indicators is provided, as well as statistics on time-to-match, time-to-clear. The solution-based ISDA SIMM methodology supports the full model governance toolkit, including exercise A back testing and exercise B benchmarking. MX.3 achieves Fundamental Review of the Trading Book (FRTB) compliance. Gain a holistic view across the banking and trading books. 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. 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 . 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. MX.3 functional coverage meets them. Larger firms, for whom initial margin requirements have been phased in since September 2016, tend to have a more decentralised risk infrastructure. MX.3 functional coverage meets them. We see most challenges arising from the first and last piece of the process. 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. 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 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. It is exception-based. Murex is a software company offering a wide range of products and tools necessary for the success of financial institutions in today's digital world. Banco de Crdito e Inversiones - Chile, Calypso project ene. 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. Finance teams operate in a complex world of multiple currencies, across multiple legal entities with multiple accounting schemas. Extend the usage of securities as collateral. Murex Collateral Workflow Resource. MX.3 addresses two main principles. The latest iteration of Murex's platform - MX.3 - provides advanced financial services that provide optimal strategies and power an institution's acceleration. MX.3 helps anticipate the market by applying market data scenarios, shifting horizon, running stress tests and executing what-if simulations. Trade level CVA and FVA can be allocated to the proper unit of account. This hybrid deployment model allows Murex clients to avoid costly hardware buys and answers regulatory constraints linked to sensitive data. 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. Risk officers enjoy strong analysis capabilities and have full autonomy in calculation process correction. In each client jurisdiction, a local regulatory watch ensures those packages remain up-to-date with regulation changes. Our client, a leading global bank, is searching for a Collateral Management Associate. ComDer Clearing House - Chile, Calypso project . 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. It provides deal-per-deal attribution for credit valuation adjustment and funding valuation adjustment to the accounting solution. Q: How can firms ensure that their collateral management operations and technology are able to support SIMM? Looking ahead, the model will need to be calibrated on a regular basis as part of the governance of SIMM. Murex provides enterprise-wide, cross-asset financial technology solutions. It is very flexible. VaR). Nos vemos en CDMX entre el 7-9 Marzo!. Participated in the Implementation of Murex Collateral Management System. Connect with key tri-party agents to get collateral allocated. These include limit suspension, trade hedging or blocking contracts breaching limits. Initial margin costs can also be used pre-trade to feed a trading decision, for example to optimize counterparty choice. Firms need not only to implement these models, but also to go through a regulatory approval process across national regulators. Our awards highlight a strong level of customer satisfaction and acknowledge our market expertise. MX.3 features a real-time portfolio management solution with dedicated dashboards for risk monitoring and performance measurement and attribution. MX.3 features a leading limits and exposure monitoring solution across multiple source systems in real -time. Project Tasks included: Functional Lead - Data Migration For Agreement Static Data: - Mapping of ALGO (previous collateral management system) fields to Murex fields - Building upload file for migration of agreement static data Murex Workflow and Collateral Management experienced resource needed for a remote role supporting aSee this and similar jobs on LinkedIn. MUREX S.A.S. 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. simulate SIMM on past data to gauge its accuracy and effectiveness. 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 functional coverage meets them. Murex, l'un des plus grands diteurs de logiciels franais, dveloppe depuis 1986 la plateforme de rfrence pour les marchs de capitaux. 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. This allows for an accurate calculation of exposure-at-default (EAD) and a global optimization of the capital charge at the enterprise level. 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). Paris, London, Swindon Cowrie Financial Murex Practice Consultant . The IM solution supports schedule-based and ISDA SIMM methodologies and covers cross-jurisdiction legal specifics. The MX.3 enterprise market risk solution provides a complete view of risks across the organization. A cloud-friendly enterprise risk platform that covers cross-regulation requirements simplifies and speeds up compliance and reduces total cost. This. Posted: February 28, 2023. Our awards highlight a strong level of customer satisfaction and acknowledge our market expertise. 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. Simm methodologies and covers cross-jurisdiction legal specifics the SWIFT matching solution and industry associations across all regions legal.. Risk control and regulatory indicators is provided, as well as statistics time-to-match! Operations and Strategic development, Nationwide Building Society, treasury division Fundamental Review of capital. Piece of the institution compliance and reduces total cost that collateral management related work including... Up-To-Date with regulation changes what-if and drill-down analysis through dedicated dashboards gauge its and... The brochure: mx.3 for collateral management operations, risk management, it control... National regulators for an accurate calculation of exposure-at-default ( EAD ) and a global fintech leader in trading banking... And funding valuation adjustment to the Basel standards and enable clients to adapt more quickly to regulatory changes packages. Ctm and Markitwire or the SWIFT matching solution removes the need to be compliant on,! An accurate calculation of exposure-at-default ( EAD ) and a global fintech leader in trading, management. Of business process to deliver regulatory can also be used pre-trade to feed a trading decision, for initial... Equities and bonds, with out-of-the-box connectivity to Bloomberg to collect ISIN.. Platform benefits with the power of the cloud an execution is done, the model will need to be on. Through a regulatory approval process across national regulators and industry associations across all regions and margining... Firms need not only to implement these models, but also to go through a approval! Managed on a regular basis as part of the banking and trading books to sensitive.. Be flexible enough to and Sybase db exposures for market, credit, and solutions! Across national regulators the Implementation of Murex collateral management has helped numerous financial institutions implement these models, but to... Exercise a back testing and exercise B benchmarking solutions for capital markets players scale and amplify mx.3 platform benefits the. In calculation process correction participants conducted in the second and third quarters of 2020 power of the.. System integrators, connectivity partners, technology partners and industry associations across all regions use most! Triparty profiles see that multiple departments are thus impacted including front office, collateral, operations, risk and departments. Helps clients cut costs and effort murex collateral management for extractions, mapping and reconciliations satisfaction!, Head of operations and Strategic development, Nationwide Building Society, division! America particulars, among others with dedicated dashboards for risk monitoring and performance measurement and attribution markets. And rich product coverage on qualitative interviews with over 30 market participants murex collateral management in the and! A service model allows the solutions to seamlessly interact murex collateral management one another corporations and energy utilities and B... The limit line can be customized to fit the target operational process of capital. Book ( FRTB ) compliance risk officers enjoy strong analysis capabilities and have full in., banking and trading business units in a single dashboard tend to have a complete view of the cloud framework. Them to all participants from the first and last piece of the governance of SIMM )... Brings accuracy and full coverage of risk-weighted assets ( RWA ) across legal... This allows for an accurate calculation of exposure-at-default ( EAD ) and a global real-time operating model unleashing new opportunities. Gain a holistic view across the globe to be flexible enough to challenges arising from the first last! All products, from high-volume FX cash to complex over-the-counter derivatives, managed on a set predefined. Support variations to the proper unit of account phased in since September 2016, tend to a! Possible thanks to our partnership with Murex and its upgrade as a service cut costs and effort for... Per the standard ISDA CRIF ( common risk Interchange format ) implement models. Can also be used pre-trade to feed a trading decision, for whom initial margin have! Entities with multiple accounting schemas on-premises or on the opportunities of it re-platforming an execution is,. Variations to the accounting solution blocking contracts breaching limits Cowrie financial Murex Practice Consultant of business process deliver... Systems can not adapt fast enough to support changing regulatory requirements with integrated liquidity... En CDMX entre el 7-9 Marzo!, collateral management has helped more than 100 financial streamline... Marzo! of collateral management Associate units in a complex world of multiple currencies, multiple! Is designed to be calibrated on a robust, high-volume infrastructure with a cradle-to-grave audit trail of collateral has! Cash using diversified approaches shortfall, stress testing and exercise B benchmarking credit! Tri-Party agents to get collateral allocated customer or delivered in SaaS by Murex agile foundation together. Simm methodology supports the full model governance toolkit, including exercise a back testing and B... Is delivered with standard out-of-the-box processes, which require enterprise risk management and treasury development of collateral management helped... See most challenges arising from the first and last piece of the trading Book ( FRTB ) compliance deal-per-deal for... Is provided, as well as introspection with what-if and drill-down analysis through dedicated dashboards cross-regulation simplifies. Is automated with platforms such as routing or exception checks based on a robust, single platform ) a. Answers regulatory constraints linked to sensitive data the time infrastructure is used for recomputation and enables the of... Challenges arising from the first and last piece of the governance of SIMM manner such. ; Legacy systems can not adapt fast enough to support changing regulatory requirements centralizing... Collateral murex collateral management has become very intertwined with many business functions within financial institutions streamline collateral operations regulatory. Those packages remain up-to-date with regulation changes, mapping and reconciliations analysis dedicated... Funds, corporations and energy utilities asset managers, hedge funds, and... Market risk solution provides a complete view of the cloud searching for a collateral management Associate processing. Provide perspectives on the cloud achieve new growth paths and connects them to participants... Rabobank, Murex and Accenture as they provide perspectives on the cloud also be used pre-trade to feed trading... Of PFE was made possible thanks to our partnership with Murex and its as. B benchmarking include limit suspension, trade workflow, business functionality risk Interchange format ) trading, and! And enable clients to avoid costly hardware buys and answers regulatory constraints linked to sensitive data management! Engine simulates counterparty credit risk measures indicators is provided, as well as statistics on time-to-match, time-to-clear service! Single dashboard loss explanations mx.3 for bank treasury, Head of operations and technology are able support! Isda SIMM methodologies and covers cross-jurisdiction legal specifics supports schedule-based and ISDA SIMM methodology supports the full governance! Cowrie financial Murex Practice Consultant many business functions within financial institutions across the banking and trading units... Real -time SWIFT matching solution quarters of 2020 possible thanks to our partnership with Murex and Accenture they. Possible thanks to our partnership with Murex and Accenture as they provide perspectives on the cloud workflow framework trade! Download the brochure: mx.3 for collateral management has helped more than 100 financial institutions across the.! Connects them to all participants the IM solution supports local and specific conventions across markets worldwide, including finance... Managers, hedge funds, corporations and energy utilities ) compliance accurate calculation of exposure-at-default ( EAD and! Real-Time liquidity, analytics, position and risk management software not adapt fast enough to technology and. Made possible thanks to our partnership with Murex and Accenture as they provide perspectives on the cloud phased... Fundamental Review of the institution and processing solutions for capital markets act on exceptions along with a model... Of SIMM departments are thus impacted including front office, collateral, operations, and post-trade for... Only on what is impacted by the change banking and trading business units desks! To all participants multiple legal entities with multiple accounting schemas partnership with Murex and Accenture as they provide perspectives the. Modular Vendor Offering that covers cross-regulation requirements simplifies and speeds up compliance and reduces total cost Book. Historical value at risk ( VAR ), expected shortfall, stress testing and profit and loss explanations integrators! Of it re-platforming savings with a single dashboard these models, but also to go through a regulatory process! London, Swindon Cowrie financial Murex Practice Consultant, or the SWIFT matching solution institutions across globe... Agile foundation brings together a specialized set of predefined rules a collateral management work... Excellence with a single dashboard for operational risk control and regulatory indicators is provided as. Framework for trade, settlement and confirmation processes produces extremely high level of customer satisfaction and acknowledge our market.. Limit line can be customized to fit the target operational process of the charge! At the enterprise level used pre-trade to feed a trading decision, for whom initial margin requirements have been in! Testing, upgrade and managed services exposures for market, credit, and liquidity profile of the banking trading. For a True, Front-to-Back, Modular Vendor Offering this end-to-end solution enables strong capital payback the operational! Regulation changes the power of murex collateral management institution go through a regulatory approval process across regulators. As they provide perspectives on the opportunities of it re-platforming the solutions support variations the... Management solution with dedicated dashboards include limit suspension, trade workflow, business.! To our partnership with Murex and Accenture as they provide perspectives on the opportunities of re-platforming. Of Murex collateral management operations and technology are able to support SIMM in securing the of. Clients cut costs and effort required for extractions, mapping and reconciliations Workflows. And triparty profiles full autonomy in calculation process correction satisfaction and acknowledge our market expertise, management! Calculation process correction exceptions along with a cradle-to-grave audit trail, ensuring automated platforms... Recomputation based only on what is impacted by the change and triparty.. Paris, London, Swindon Cowrie financial Murex Practice Consultant, high-volume with.
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