High profile counterparty failures have highlighted the need for accurate valuation and robust management of credit risk. At the same time, Basel III has significantly raised levels of capital that must be held against credit default risk and CVA volatility.
MX.3 delivers timely measurement and consolidation of credit exposures across business lines. Effective risk mitigation strategies can be implemented via hedging, netting or collateral, and of course via pre-deal limits control. The use of capital and funding resources is improved across the organization through upfront pricing of xVA costs, selection of cost effective execution options and optimization of collateral inventories.
Real-time and accurate monitoring of credit risk
MX.3 delivers a comprehensive range of risk measures across all asset classes, without data or modeling approximations. PFE, EPE, CVA and Basel III IMM rely on a high performance American Monte Carlo simulation offering pre-deal limits check and prospective profitability analysis. Other analytical or hybrid methods are also supported.
Timely and global consolidation of credit exposures
MX.3 solves the problem of fragmented infrastructures and processes by implementing sophisticated risk measures, limits management and credit approval workflows within a single solution connected to multiple trading sources.
If you wish to learn more, please read our MX.3 for Credit Risk flyer.
Real-Time Risk Measures
Pre-Settlement. Settlement. Issuer. RWA. Expected/Unexpected loss. Concentration measures.
Credit Risk Analytics
Monte Carlo simulated PFE, EPE, ENE and EE. Full consideration of Netting, collateral and portfolio effects. Wrong-way risk. Real world and risk neutral.
Regulatory Compliance Framework
Real-time SA-CCR with pre-packaged EAD and RWA. Large exposures. CVA Charge (BA-CVA and SA-CVA). Basel formulas (EPE, EAD and Effective Maturity). IFRS 13 CVA marginal allocations. Stress Tests.
Credit Review process. Centralized limit administration and monitoring. FO systems pre-deal check. Excess management.
Interactive business dashboards. Live alerts. Drill-down to path-wise trade MtMs and grids of risks factors.
Credit Data Management
Enterprise credit data repository. Extensible data model. Ratings, credit curves and credit curve proxies. Data validation.
Flexible Limits & Metrics
User defined metrics. Formula parser. Extensible limits structures. Add-on tables Generator. Extensibility API.
Turning the FRTB Internal Model Approach into a competitive advantageAre you adopting the IMA or SA? Listen to this webinar to gain insights from KPMG, Murex, National Bank of Canada and Standard Chartered Bank on what you need to conider when choosing your approach to FRTB compliance.Listen now
Murex: Sell-side Category Winner in the Chartis RiskTech100 2019What are the top priorities for financial institutions and how is Murex enabling clients to thrive in an evolving market? Murex's Normand Tanguay, Head of Risk for Murex Americas shares his insights on these key questions and more.Watch the video
Mitigating Regulatory ChallengesIn the fast-evolving capital markets, banks face several challenges, including the need to centralize data and keep pace with changing regulations. However, there are also exciting opportunities. Watch this video to learn more.View the video
RiskTech 100 2019 Winners' Review: MurexFor this sixth year running Murex has been named the sell-side category winner in the Chartis RiskTech 100. To find out why, read the 2019 Winners' Review.Read more
Capital Markets Transformation- If You’re Not Scared, You’re Not Doing EnoughWhat does it take to thrive in today's capital markets? Watch our video featuring representatives from AWS, ANZ and Murex to discover how IT transformation could be good for your business.Watch the video
MX.3 Post-Trade CapabilitiesMurex provides flexible and open solutions for treasury, collateral, operations and finance, giving you the technology you need to improve decision-making, comply with regulation and optimize asset usage. Watch our video to find out how MX.3 can work for your business.Watch the video
Murex Cloud SolutionsMurex cloud and SaaS solutions combine the full power of a leading technology platform with the expertise and infrastructure to manage it. Tailored to your specific needs, it allows you to focus on your core business, take advantage of the latest innovations and be prepared for the future capital markets.Read more
A Modern Approach to Support New ChallengesIn the Summer 2018 edition of Microsoft Perspectives, Stella Clarke, Murex CMO, looks at how capital markets players can benefit from an enterprise platform approach address new challenges and harness new opportunities in the risk and regtech space.Read more
xVA Special Report 2018In collaboration with risk.net, Murex has released a new xVA special report for 2018. Taking a look at the future of xVA in capital markets, this expert analysis contains an insightful discussion with Marwan Tabet, Head of Risk at Murex.Read more
NationwideFind out how Nationwide, the world's largest building society, partnered with Murex to implement an integrated treasury system that optimizes liquidity management, provides risk monitoring and enhances hedge accounting and operational risk management.Read more
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