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 III 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.
Insights
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Mitigating Regulatory Challenges
In 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: Murex
For 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 Enough
What 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 Capabilities
Murex 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 -
ERM System of the Year
Murex wins ERM System of the Year at the 2018 Risk Technology Awards. To find out why the judges selected Murex and for more information about the MX.3 Risk and Regulatory suite, read the special report.Read more -
Technology Provider of the Year
Why was Murex voted #1 in the Asia Risk Technology Rankings 2018? Find out in our special report, featuring interviews with Guy Otayek, head of Murex Asia Pacific, and Alexandre Bon, Senior Manager at Murex Asia Pacific.Read more -
Murex Cloud Solutions
Murex 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 Challenges
In 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 2018
In 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 -
Nationwide
Find 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
More on MX.3
Explore solutions for:
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16
Nov
Murex Is the “Sell-Side” Category Winner in the Chartis RiskTech100®
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15
Oct
Al Rajhi Bank Selects Murex for Its Islamic Finance Business
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27
Sep
Murex Wins Technology Provider of the Year at the Asia Risk Award 2018
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26
Feb
27
Feb
FAB Global Financial Markets Forum 2019
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02
Apr
BVI Fund Operations Conference
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Watch this space to know more about our upcoming events
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Check out our recent event activity
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