Murex Enables NCB to Meet Complex SA-CCR Requirements
Standardized approach for counterparty credit risk makes capital requirements calculations more demanding
Recently, NCB faced an important challenge—complying with the Standardized Approach for Counterparty Credit Risk (SA-CCR) under Basel IV. SA-CCR is required for credit risk capital, as well as exposure to central clearing counterparties (CCPs) and the leverage ratio. The SA-CCR provides improved netting benefit for derivatives and recognition of margin for both cleared and bilateral trades.
Read our case study to see how the MX.3 solution now enables NCB to meet the complex SA-CCR requirements.