Murex had quite a few implementation projects in the XVA region when the COVID-19 pandemic hit, which raised new challenges in terms of project delivery and client support. MX.3 for XVA Management is integrated with the platform’s trading functionality, providing a single tool for traders to price, book and risk manage OTC derivatives with full XVA adjustments.
In this Risk.net interview, Murex’s Alexandre Bon describes a XVA landscape that is quite different across Asia-Pacific, with different approaches and situations requiring flexible solutions. The overarching theme, Bon says, is that overall needs vary widely by country—from a system provider point of view, its important to get the core infrastructure piece correct and deliver evolutions quickly, with a good time to market.
Prapairat Wotticharoenvong, Head of Market Risk at Siam Commercial Bank, joins Bon for the conversation.
Check out our other video interviews with Asia Risk for our Technology Vendor of the Year Award, where we are joined alongside Andrew Ng, Group Executive and Head of Treasury Markets at DBS, and our Pricing & Trading System of the Year Success, where CIMB Group Head of Treasury Markets Chu Kok Wei was part of the dialogue.