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Home > Solutions > Business functions > Enterprise Risk Management > Market Risk

MX.3
for Market Risk

Lead the pack and tackle the new paradigm in market risk today

The recent spate of financial crises has laid bare the limitations of financial institutions’ market risk models and infrastructures. Regulators have now imposed refined risk measures and introduced risk-based margins and capital requirements for bilateral or CCP-cleared trading.

MX.3 is used by a large and diverse range of market participants to meet new regulations and fully integrate market risk at each point of the value chain.

Managing the regulatory avalanche

MX.3 delivers with high performance the accurate output needed to produce timely regulatory statements and leverages advanced reporting tools for enterprise data consolidation. Risk managers are empowered to analyze and audit results, navigating from VaR aggregates down to individual trades or risk factors contribution. Furthermore, they benefit from a wide range of trading and risk features such as sensitivities analysis and P&L attribution that facilitate compliance, risk analysis and backtesting.

Regulatory pre-packaging supports firms in their journey towards compliance. It delivers liquidity-adjusted VaR and calibrated expected shortfalls for Basel III, global sensitivities and stressed VaR to comply with the Volcker rule, OTC margins for EMIR and Dodd-Frank,  VaR on replicated liability portfolios for Solvency II or IFRS 13 trade-level CVA and Basel III CVA VaR.

We are constantly innovating to meet the latest changes in market risk such as extreme value theory, reverse stress-testing, incremental default charge or Basel III revised standard capital charge. The flexibility of our MX.3 platform ensures compliance with evolving requirements.

Real-time VaR anywhere

By breaking the silos between front office and risk management, MX.3 delivers to traders a real-time 360 degree view of VaR across all asset classes listed and OTC. MX.3 features real time market risk limits and, with the latest innovations of in-memory analytics, it performs on-the-fly cross-margining simulations that identify the cheapest clearing venue or bilateral margin.

Functional Coverage

Margin replication

CCPs and Exchanges. Liability limits. Margin reconciliation. OTC bilateral regulation. EMIR compliance.

Basel 3 Compliance

Liquidity Adjusted Scenarios. Expected Shortfall. Stressed-VaR. Revised Standard approach. Back-testing. P&L attribution. IDC.

Market Data

Time Series & Proxies. Extensible for exotic products. Parallel market data sets.

Scenarios

Historical. Monte Carlo. EWMA adjustments. Extreme-Value Theory. Stress-period determination.

VaR Calculation

Full revaluation. Sensitivity-based. Risk Matrices. Historical. Monte-Carlo. Parametric. Scalable.

Reporting

Trend Analysis. What-if scenarios. In-memory aggregation. Multi-systems consolidation.

Resources

Murex Equips IKB With A Future-Proof Release Of Its Integrated Solution

 

As part of its restructuring strategy, IKB implemented MX.3 to provide a single integrated platform for its capital markets activities., and has given the bank more advanced modelling capabilities to meet current challenging economic and market conditions.

Read More

Fundamental Review of the Trading Book

 

A survey of implications and banks' preparations.

This paper focuses on the business implications of the FRTB and implementation issues from a modelling and IT perspective. 

 

Read more

Expert Talk: Risk and regulation transformation – a new technology paradigm

 

In this video interview, Alexandre Bon, Global Head, Risk Control at Murex, discusses the value of innovative technology and collaboration models in helping financial institutions adapt to fast-evolving regulatory and business requirements.

View the video

REPORT: 2015 Gartner Magic Quadrant for Trading Platforms

 

Murex is recognized as a Leader in the 2015 Gartner Magic Quadrant for Trading Platforms, placed furthest for Ability to Execute.

 

 

Access the full report

Technology - Solving the new equation of capital markets

In this video interview, Stella Clarke, Chief Marketing Officer at Murex, discusses the challenges facing banks and buy-side firms, and how technology can be used to address those challenges. 

Play

More on MX.3

Explore Solutions for:

Institution types
Business functions
Sales and Trading
Market Risk
CVA Management
Credit Risk
Liquidity Risk
Limit Management
Enterprise Risk Management
Enterprise Collateral Management
Treasury
Buy Side
Energy and Commodities
Central Banks and Public Agencies
Clearing Brokers and CCPs
Banks
Corporates

News & events

  • 26

    Sep

    29

    Sep

    Event

    Sibos Geneva

    Murex will be exhibiting at Sibos 2016 in Geneva from September 26th to 29th.. This year, we will be discussing how to transform your capital markets business with MX.3... Add to calendar Event Details

  • 22

    Sep

    News

    Murex, Category Leader in Chartis FinTech Quadrant™

                                                                                          Murex positioned as a Category Leader in the Chartis 2016 FinTech Quadrant™  ... Read more

  • 22

    Sep

    News

    SECURITIES LENDING VIRTUAL ROUNDTABLE

                                                                              After the recent BNY Mellon report on the need to be more efficient in the use of collateral,... Read more

  • 31

    Aug

    News

    IKB has successfully upgraded Murex MX.3 platform

                                                                       Paris, France - 31 August 2016. Murex, the leading provider of integrated trading, risk management and... Read more

  • 13

    Sep

    14

    Sep

    Event

    US FRTB Summit

    Convene Conference Center, New York                                                                         Murex is pleased to participate in the upcoming US FRTB... Add to calendar Event Details

  • 23

    Aug

    24

    Aug

    Event

    AforeMX

    Centro Banamex, Mexico City                                                                         Murex is a proud sponsor of the 1st National Convention of Afores... Add to calendar Event Details

  • 20

    May

    News

    STRUCTURED PRODUCTS TECHNOLOGY RANKINGS 2016

                                                                                              Structured Products runs global awards programs to celebrate excellence across... Read more

  • 11

    May

    News

    Asian Banker Awards

    The Asian Banker runs prestigious awards programs recognizing top contributors to the financial services industry in the region of Asia-Pacific... Read more

  • 23

    Feb

    News

    Murex announces an Enterprise FRTB solution

                                                                                      Murex announces an Enterprise FRTB solution as part of its MX.3 Risk and Regulatory... Read more

  • 05

    Feb

    News

    Murex, Overall #1 Vendor in Risk Magazine's Technology Rankings 2015

                                                                                                                  Murex is recognized as the Number One Overall Top... Read more

  • 26

    Jan

    News

    Murex Positioned as a Leader

                                                    Murex named a Leader in Gartner’s 2015 “Magic Quadrant for Trading Platforms... Read more

  • 09

    Dec

    News

    Getting ready for Basel III SA-CCR

                                                    Murex announces a new enterprise solution for SA-CCR as part of its MX.3 Risk and Regulatory Suite... Read more

  • 26

    Nov

    News

    MX.3 Testing and Environment Management

    Delivering quality and operational efficiency                              Paris, France, November 26 - Murex, the leading provider of integrated trading, risk, and back... Read more

  • 17

    Sep

    Overall N°1 in Asia Risk Technology Rankings

                                                      Murex consolidates its position as Technology Transformation Partner for financial institutions in Asia Pacific. Paris... Add to calendar Event Details

  • 27

    Jan

    News

    Gartner Magic Quadrant

    Murex named a Leader in Gartner’s 2014 “Magic Quadrant for Trading Platforms”, positioned furthest for Completeness of Vision and Ability to Execute                  ... Read more

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The information collected is processed for the sole use of Murex SAS in ad hoc communications and is therefore subject to dispensation no. 7 of the Commission National Informatique et Libertés (or 'CNIL', the French data protection authority). Pursuant to French Act No. 78-17 of 6 January 1978 as amended in 2004 (the French Data Protection Act), you have the right to access and rectify your personal information or data and the right to object to the processing of such data by contacting mkg@murex.com.