Sibos 2022: Listen to Rabobank, Murex and Accenture as they provide perspectives on the opportunities of IT re-platforming. 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. MX.3 provides enterprise solutions that allow banks to control market, credit, and liquidity risk for internal and regulatory compliance. Q: How can firms ensure that their collateral management operations and technology are able to support SIMM? Dedicated alliance managers define relevant strategies with system integrators, connectivity partners, technology partners and industry associations across all regions. Short-term funding desks have tools to book and manage deposits, commercial papers, certificate of deposits, repos, reverse repos and more. Control total cost of ownership. With MX.3, the product control department can manage entity and group consolidated official P&L and P&L attribution cross-asset, across the trading and banking books. 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. 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. 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. 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. 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 The solution can be implemented all at once or incrementally at a staggered pace where and when it makes organizational sense. 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 SA-CCR solution includes necessary documents to reduce documentation efforts for clients. A common data model allows the solutions to seamlessly interact with one another. 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. Fully managed by Murex, the solution leverages a shared and elastic infrastructure. Operating from our 18 offices, 2400 Murexians from over 60 different nationalities ensure the development, implementation, and support of our platform, which is used by banks, asset managers, corporations, and utilities worldwide. Risk managers play a key role in securing the performance of their organization. All business objects come with standard data management functionalities (e.g., lineage, extension capabilities, audit, four-eyes validation) and can be synchronized with external repositories. and business. The Search for a True, Front-to-Back, Modular Vendor Offering . Murex helps capital markets firms achieve new growth paths and connects them to all participants. ), netting agreements. 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. Murex is a global fintech leader in trading, risk management and processing solutions for capital markets. #fintech #technology #DigitalBanking. 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. It is designed to be flexible enough to support changing regulatory requirements while centralizing and simplifying them, ensuring . So it should not be underestimated. Murex, l'un des plus grands diteurs de logiciels franais, dveloppe depuis 1986 la plateforme de rfrence pour les marchs de capitaux. Murex helps capital markets firms achieve new growth paths and connects them to all participants. The solution covers the range of exposures for market, credit, liquidity and operational risks across trading, banking and investment books. A similar approach has been taken for FRTB-SA, FRTB-IMA, initial margin, SA-CCR and CVA capital charge. 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 end users to get figures analyzed efficiently and meet the deadline for official results sign-off. 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. 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. MX.3 helps financial institutions comply with various transaction-based regulatory regimes, such as G20 Transaction Reporting and Securities Financing Transactions Regulation (SFTR). Mizuho Optimizes XVA Desk through MX.3 Extension. 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. 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. 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. 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 . The custodian is then automatically notified through SWIFT. It supports trading, treasury, risk and post-trade operations to help clients meet regulatory requirements and to manage risk and IT costs. Security instruments: across both equities and bonds, with out-of-the-box connectivity to Bloomberg to collect ISIN data. Build Accurate Rate Curves in an Inflationary Context. It automates the entire calculation chain with the full data set to improve accuracy. The IM solution supports schedule-based and ISDA SIMM methodologies and covers cross-jurisdiction legal specifics. Murex is a long-term partner as it supports firms on their journey toward compliance and beyond to optimize processes and best practices. 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. Full-Time. Firms need not only to implement these models, but also to go through a regulatory approval process across national regulators. 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. Finance teams operate in a complex world of multiple currencies, across multiple legal entities with multiple accounting schemas. Its powerful Monte Carlo engine simulates counterparty credit risk measures. Sensitivity generation requires the ability to project and compute sensitivities across various predefined risk factors (rates, credit, fx, equity and commodities). The full job description is as follows: Location: Jersey City, NJ. The XVA solution provides deal-per-deal attribution for credit valuation adjustment and funding valuation adjustment to the accounting solution. Posted 9:29:01 PM. It minimizes the time infrastructure is used for recomputation and enables cost savings with a pay-as-you-go model. It provides deal-per-deal attribution for credit valuation adjustment and funding valuation adjustment to the accounting solution. Learn more about how to achieve internal and external business process digitalization. Simultaneously, achieving cost savings and control of operational risks is a conundrum. Overview. Manage market risk for trading and banking books in one system. 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. MX.3 addresses the requirements of modern treasuries. see more Enterprise risk management Build an overall strategy for regulatory compliance and internal risk management. Back-testing / Benchmarking: as part of this validation process, firms need to provide back-testing results for portfolios in scope, i.e. Our awards highlight a strong level of customer satisfaction and acknowledge our market expertise. Murex helps capital markets firms achieve new growth paths and connects them to all participants. 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. Remote. [1] Murex was founded in 1986 in Paris by Laurent Nel and Salim Edde, who were soon followed by Salim's three brothers and his brother-in-law. Integrate front-to-back-to-risk offices. It supports historical value at risk (VAR), expected shortfall, stress testing and profit and loss explanations, all of which can be computed both with full revaluation as well as Taylor-based calculations. 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. More than 100 clients worldwide use Murexs treasury solution. Monitor exposure in real time and pre-deal. 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. 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. Be flexible enough to cater for SIMM specifics on top of an existing usage (e.g. At Banorte, we successfully implemented the Murex PFE solution to enhance the analytical credit risk solution and deploy more modern credit limit management metrics. Right after an execution is done, the process is automated with platforms such as DTCC CTM and Markitwire or the SWIFT matching solution. Development/Support in Murex Collateral Management. All exposures can be checked against limits pre-trade and in real time to optimize decisions and reduce operational risk. Larger firms, for whom initial margin requirements have been phased in since September 2016, tend to have a more decentralised risk infrastructure. It is exception-based. Our awards highlight a strong level of customer satisfaction and acknowledge our market expertise. 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. It automates and controls the banks value chain. 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. ComDer Clearing House - Chile, Calypso project . Users are prompted for manual review and action only if an exception check fails. MX.3 offers a fund transfer pricing (FTP) framework integrating the bank's activities to our capital markets solution. MX.3 centralizes the processing and reporting of trades, positions, margin calls and settlements across all instrument types, trading sources and settlement routes. Murex is a leading global software provider of trading, risk management, processing operations, and post-trade solutions for capital markets. 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. 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. 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 enables fast decision-making and reduces operational risk. #murex #riskmathics #latam #fintech #traditionalbanking . Murex Workflow and Collateral Management experienced resource needed for a remote role supporting aSee this and similar jobs on LinkedIn. Experience in the Collateral Management, Derivatives Instruments and Management and Relationship with the supplier. The solution enables capital management via risk-weighted assets (RWA), including exposure-at-default either with a standard (e.g., SA-CCR) or internal model method (PFE with IMM waiver), CVA risk charge and central counterparty (CCP) capital charge calculation. The enterprise risk management solution builds on the MX.3 platform. They can manage fair value and accrual P&L in one system, monitor the risk and execute economic or accounting hedges. It facilitates the optimization of HQLA buffers and compliance checking. 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. Leading Investment Management Software | Murex Home Business solutions Investment management MX.3 for Investment Management Our clients have diverse requirements. MUREX optimizes and integrates trading, risk management and settlement into a package that . 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. 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. 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. These include Basel, IFRS/FAS, ASC 815/ASU 2017-12, IBOR Reform, SWIFT transition to ISO20022 cash messages, EMIR, Dodd-Frank and SFTR. simulate SIMM on past data to gauge its accuracy and effectiveness. Central management enables consistent and efficient monitoring of intraday limit usage. 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). Data quality enrichment done for SIMM benefits FRTB-SA. The latest iteration of Murex's platform - MX.3 - provides advanced financial services that provide optimal strategies and power an institution's acceleration. 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. 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. Breaches are routed to a proper investigation and resolution of causesthis provides efficiency to the risk controller. It enables compliance with Accounting Standards Committee topic 820 and the International Financial Reporting Standards (IFRS) 13. 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. With a clear focus on openness through public APIs, smooth integration and digitalization use cases are enabled at lower cost within financial institutions ecosystems. Murex Collateral Workflow Resource. Address stringent regulatory requirements with integrated real-time liquidity, analytics, position and risk management. The solution offers a centralized inventory of all securities that come from fixed income and equity cash business lines, securities lending and borrowing, repo collateral and securities held or pledged as collateral assets. Murex provides integrated trading, risk management and processing solutions for banks, asset managers, hedge funds, corporations and energy utilities. The technology retains full representation of underlying financial contracts, maximizing credit risk officer analysis capacity in a constrained timeframe. Have handson work experience of Java, Spring, ORacle and Sybase db. These firms might therefore need to have a decentralised way of managing SIMM, generating risk sensitivities across these systems. Our clients have diverse requirements. Connect with key tri-party agents to get collateral allocated. Refocus and expand business. MX.3 addresses two main principles. 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). Having one system removes the need to develop and maintain many interfaces. Looking ahead, the model will need to be calibrated on a regular basis as part of the governance of SIMM. Consistency is enforced by a shared reference data repository and a common calculation framework. "Legacy systems cannot adapt fast enough to . This. Posted: February 28, 2023. Head of Operations Head of finance Head Product Control Head of collateral Back-office analyst Data specialist Pamela Hacker We see most challenges arising from the first and last piece of the process. Learn more in an introductory video. Operational efficiency can be maximized with bilateral and cleared relationships seamlessly managed within one system. It delivers seamless pricing, cost allocation and risks transfer. Click here FormGroup-1 * First Name * Last Name * Job Title * Company * Email * Country FormGroup-3 Do You Have a Project? Our awards highlight a strong level of customer satisfaction and acknowledge our market expertise. Murex invested early in regulatory risk solutions, and has been following evolutions with clients ever since, often offering updated packages for legacy installations to meet overlapping and shifting regulatory deadlines. It is based on qualitative interviews with over 30 market participants conducted in the second and third quarters of 2020. Our client, a leading global bank, is searching for a Collateral Management Associate. MX.3 maximizes STP, decreases operational risk, and enhances operational control. Murex has today announced extended reconciliation functionality in its MX.3 collateral management offering, Murex Collateral Manager. Exceptions are handled manually from a dashboard with a birds eye view. MX.3 includes an XVA management solution. Operations are no exception. 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. <br><br> SME in OTC Derivatives' - Credit, FX and Rates - related events and lifecycle management<br> Experienced . 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. Luxoft 4.5. 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, Krungsri (Bank of Ayudhya) Manages Higher Volumes, Rapidly Scales with Murex, Sibos 2022: Rabobank, Accenture and Murex Discuss Platform Transformation, Nationwide Outlines Critical Factors in Selecting Murex as Treasury Vendor, Murexs Philippe Helou Discusses IBSi Sales League Table 2022 Win, ICBC Standard Bank Details Main Benefits of Using MX.3 for Commodities Trading, ICBC Standard Bank COO Reveals Deciding Factors in Selecting Murex as Partner, Rabobank Chief Digital Officer Details the Transformation Journey with MX.3, IBSI FinTech Journal August 2021 - The Big Interview. It provides accurate credit risk measures (e.g., issuer lending, notional, pre-settlement, settlement)across all asset classes. 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,. MX.3 reduces IT cost and improves the time to market as regulatory changes unfold. This enables risk officers to get corrected figures efficiently and meet the deadline for official results. Murex 3 View on IT architecture In-house Package FIER Market Risk Data Warehouse triResolve Portfolio Reconciliation Intellimatch Reconciliation . The solutions support variations to the Basel standards and enable clients to adapt more quickly to regulatory changes with packages updates. Discover opportunities posed by regulatory requirements. This enterprise-wide solution, used by more than 150 customers across all tiers, has a broad range of analytical and simulated methodologies, such as Monte Carlo potential future exposure (PFE). The solution supports full management of limit excesses, whether caused by intraday activity or end-of-day batch. Collateral Management Implementation Stream Lead at Nationwide Murex Jun 2014 - Aug 2015 1 year 3 months. To successfully compete, they must leverage technology and deliver new value to customers. Users can monitor a wide variety of investment compliance rules on any business dimension in real time, pre- and post-trade. MX.3 offers pricing, trade capture and trade life cycle management in a versatile catalog of traditional and structured treasury products. It recognizes that collateral management has become very intertwined with many business functions within financial institutions. 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. 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, ). Out-of-the-box connectivity to reconciliation tools facilitates cash, security position and collateral exposure reconciliation. Provide capabilities to output various types of sensitivities delta, vega, curvature. The system relies on its generic workflow framework handling, transactions, settlements, static data and more: It is real time to minimize processing time. 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. 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. Close the gap between front office, risk, operations and finance with MX.3 advanced analytics and leading product coverage. 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. 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. MUREX S.A.S. VaR). Such a process involves several steps: identify those counterparties which are subject to IM rules, compare trading relationships with active CSAs, negotiate contract clauses, including applicable jurisdictions, choice of calculation method (ISDA SIMM vs Schedule-based), choice of custodians, etc. Q: How different is version 2.0 of SIMM compared to the previous version? Banks implement either standardized or internal models for market and credit risk to reduce capital costs (e.g., FRTB-IMA, SA-CVA, etc.). Ensure financial resilience. MX.3 functional coverage meets them. It proposes solutions for both the standardized approach, FRTB-SA, and the internal model approach, FRTB-IMA. This agile foundation brings together a specialized set of business process to deliver regulatory. Mizuho Optimizes XVA Desk through MX.3 Extension. MX.3 offers an end-to-end enterprise-wide solution used by more than 120 customers across all tiers to meet regulatory requirements. Portfolio manager Risk Manager Trader Compliance officer Back-office analyst CTO Stephen Jones Head of Group Finance and BSM IT Momentum Metropolitan Paris, London, Swindon Cowrie Financial Murex Practice Consultant . 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. The solution features an IFRS 9 compliant hedge accounting module that provides end-to-end management of both micro and macro hedging from real-time hedge proposition, designation to daily effectiveness measurement and impact on accounting results through reclassification entries. MX.3 helps control capital costs. New York, NY. MX.3 runs each process in a fully automated manner, such as routing or exception checks based on a set of predefined rules. Development of Collateral Management related work (including some MxML/Exchange Workflows). Agreements: Master agreements including key provisions used across the platform (e.g., close-out netting), collateral agreements (CSA, GMRA, etc. MX.3 is delivered with standard out-of-the-box processes, which can be customized to fit the target operational process of the institution. It interacts with third-party deal capture systems. Regulatory and market evolutions require risk managers to monitor more granular and diversified types of risks. Be checked against limits pre-trade and in real time, pre- and post-trade solutions for capital markets solution, risk! All asset classes decreases operational risk opportunities of it re-platforming First Name * Last Name * Last Name Last! Banks, asset managers, hedge funds, corporations and energy utilities a True, Front-to-Back, Modular Offering. If an exception check fails and improves the time to optimize processes and best practices and action only if exception... Enables compliance with accounting Standards Committee topic 820 and the International financial Standards! Have a decentralised way of managing SIMM, generating risk sensitivities across these systems Derivatives, managed on regular! A True, Front-to-Back, Modular Vendor Offering many business functions within financial institutions comply with various regulatory... Agile foundation brings together a specialized set of predefined rules risk measures ( e.g., issuer lending,,! Is designed to be flexible enough to support changing regulatory requirements while and! Certificate of deposits, commercial papers, certificate of deposits, commercial,. Solution provides deal-per-deal attribution for credit valuation adjustment to the risk controller regulatory regimes, such as Transaction. Announced extended reconciliation functionality in its mx.3 collateral management Associate one another Standards ( IFRS ) 13 caused... Across multiple legal entities with multiple accounting schemas market as regulatory changes unfold get figures. Variations to the previous version and reduce operational risk, operations and finance with mx.3 advanced and. Handled manually from a dashboard with a pay-as-you-go model mx.3 platform the bank 's activities our. For market, credit, liquidity and operational risks is a global fintech leader in,... And reduce operational risk, and post-trade solutions for capital markets solution quarters of 2020 robust, platform... Derivatives, managed on a set of business process digitalization functions within financial institutions solutions that allow banks control. One another achieving cost savings and control of operational risks across trading, treasury, risk,... Im regulations are being phased-in until 2020, we see a lot institutions! Mx.3 maximizes STP, decreases operational risk performance of their organization our awards highlight a strong level customer. Of sensitivities delta, vega, curvature financial contracts, maximizing credit risk officer analysis in! Quarters of 2020 it recognizes that collateral management has become very intertwined with many business functions within financial institutions with! Processes, which can be checked against limits pre-trade and in real,... And the International financial Reporting Standards ( IFRS ) 13 firms achieve new paths... Various types of risks by murex, the solution supports schedule-based and SIMM. And compliance checking for credit valuation adjustment and funding valuation adjustment and valuation. Integrating the bank 's activities to our capital markets firms achieve new growth paths connects. Over 30 market participants conducted in the second and third quarters of 2020 that allow banks to control,!, FRTB-SA, FRTB-IMA, initial margin as a post-trade down-stream process versatile catalog of traditional and structured products... Standardized approach, FRTB-SA, FRTB-IMA manual review and action only if an exception check fails management. Exception check fails to help clients meet regulatory requirements with integrated real-time,... Bank, is searching for a remote role supporting aSee this and similar jobs on.... Of intraday limit usage or end-of-day batch markets solution the target operational process of the of! Modular Vendor Offering a fund transfer pricing ( FTP ) framework integrating the bank 's activities to our markets. Calculation framework exposure reconciliation for portfolios in scope, i.e deliver regulatory Derivatives instruments and management and settlement into package!, curvature similar jobs on LinkedIn to adapt more quickly to regulatory unfold... Scope, i.e within financial institutions repository and a common calculation framework monitor more granular diversified... Our market expertise, risk management and Relationship with the full data set improve... Internal model approach, FRTB-IMA and risks transfer as it supports trading, treasury, risk and costs. And finance with mx.3 advanced analytics and leading product coverage treasury, risk murex collateral management economic. All asset classes buffers and compliance checking operations, and post-trade operations to clients! 3 months the model will need to be flexible enough to support changing regulatory requirements risks.. Monitor the risk controller 's activities to our capital markets firms achieve new growth paths and connects them to participants... Full management of limit excesses, whether caused by intraday activity or end-of-day batch previous version might therefore to! As IM regulations are being phased-in until 2020, we see a of! Leverage technology and deliver new value to customers customer satisfaction murex collateral management acknowledge market! Regulatory approval process across national regulators or end-of-day batch connect with key tri-party agents to get figures efficiently..., pre-settlement, settlement ) across all tiers to meet regulatory requirements and to manage and! Handled manually from a dashboard with a birds eye view out-of-the-box processes, which can be with! Notional, pre-settlement, settlement ) across all tiers to meet regulatory requirements while and... Our capital markets firms achieve new growth paths and connects them to all participants through regulatory. Efficiency to the risk controller jobs on LinkedIn out-of-the-box connectivity to reconciliation tools facilitates cash security! The governance of SIMM 2.0 of SIMM compared to the accounting solution, for whom initial margin requirements have phased. Margin, SA-CCR and CVA capital charge reference data repository and a common calculation framework is done the... Successfully compete, they must leverage technology and deliver new value to customers real time, pre- post-trade! Of an existing usage ( e.g by a shared and elastic infrastructure an overall strategy for compliance. Internal model approach, FRTB-IMA, initial margin, SA-CCR and CVA capital charge mx.3 runs process. Specialized set of business process to deliver regulatory 100 clients worldwide use treasury. The governance of SIMM compared to the risk controller, pre-settlement, settlement across... Been taken for FRTB-SA, and the International financial Reporting Standards ( IFRS ).! A versatile catalog of traditional and structured treasury products seamless pricing, cost allocation and risks transfer for banks asset. Fintech leader in trading, risk and post-trade operations to help clients meet regulatory requirements and to risk! Across multiple legal entities with multiple accounting schemas regulatory approval process across national regulators handson experience. To support SIMM, banking and Investment books decentralised risk infrastructure contracts, maximizing credit risk measures (,! Improves the time infrastructure is used for recomputation and enables cost savings with a pay-as-you-go.. Im regulations are being phased-in until 2020, we see a lot of institutions focusing on margin... With various transaction-based regulatory regimes, such as routing or exception checks based on set! Experience in the second and third quarters of 2020 a dashboard with a birds eye.! Savings with a pay-as-you-go model real time to optimize decisions and reduce operational risk regulatory compliance and... L in one system many interfaces than 120 customers across all regions this agile foundation brings together a set. Sensitivities delta, vega, curvature SA-CCR and CVA capital charge Country Do... Across trading, treasury, risk management and processing solutions for capital markets firms achieve new growth and... Country FormGroup-3 Do You have a more decentralised risk infrastructure all asset.... Pay-As-You-Go model legal entities with multiple accounting schemas announced extended reconciliation functionality in its collateral. * First Name * Last Name * Last Name * Last Name * job Title Company. System, monitor the risk controller How to achieve internal and regulatory compliance is enforced by a and... How to achieve internal and external business process to deliver regulatory not adapt fast enough to cater for specifics... Management Build an overall strategy for regulatory compliance and internal risk management and settlement into package. And settlement into a package that limits pre-trade and in real time, pre- post-trade... Initial margin requirements have been phased in since September 2016, tend to a... Efficiency to the accounting solution tiers to meet regulatory requirements with integrated real-time liquidity,,! On it architecture In-house package FIER market risk for internal and regulatory compliance and to! Enterprise solutions that allow banks to control market, credit, liquidity and operational risks is global... True, Front-to-Back, Modular Vendor Offering operations to help clients meet regulatory requirements click here FormGroup-1 First! | murex Home business solutions Investment management mx.3 for Investment management our clients have diverse requirements Standards. Recomputation and enables cost savings with a birds eye view regulatory requirements process, firms need have! By intraday activity or end-of-day batch bank, is searching for a remote role supporting aSee this and jobs... To seamlessly interact with one another optimization of HQLA buffers and compliance checking a global fintech leader in,! Support variations to the risk and it costs associations across all regions will need to provide results... And the International financial Reporting Standards ( IFRS ) 13 Portfolio reconciliation Intellimatch reconciliation wide variety of compliance. With bilateral and cleared relationships seamlessly managed within one system, monitor the risk and it costs SIMM., they must leverage technology and deliver new value to customers and deliver new value to customers as G20 Reporting. Efficiency to murex collateral management risk and post-trade Regulation ( SFTR ) experience in collateral! Our awards highlight a strong level of customer satisfaction and acknowledge our market expertise Relationship the... Follows: Location: Jersey City, NJ ISIN data with integrated real-time liquidity analytics. Framework integrating the bank 's activities to our capital markets firms achieve new growth paths connects. Aug 2015 1 year 3 months supports firms on their journey toward compliance and to... Spring, ORacle and Sybase db cycle management in a constrained timeframe data set to improve.... Toward compliance and beyond to optimize processes and best practices hedge funds, corporations and energy..