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MX.3 for SA-CCR

Achieve regulatory compliance, real-time limits
and capital management

BCBS 279, the Basel Committee’s final text on the Standardised Approach for measuring Counterparty Credit Risk exposures (SA-CCR) raises real challenges for the industry. Tight implementation deadlines are coupled with heavier data management requirements and the necessity to interpret the regulatory rules to adequately map complex or exotic transactions to the appropriate regulatory delta and PFE criteria.

Murex's enterprise-wide SA-CCR solution addresses these challenges by leveraging a highly configurable and version-independent packaging.  The solution integrates natively within the MX.3 framework to deliver real-time risk and capital management.

Securing regulatory compliance with optimal time to market

MX.3 provides an out-of-the-box, configuration based solution for easy and timely deployment and supports trades held in MX.3 and in other trading systems. The pre-packaged EAD calculations include mapping facilities for complex and cross-asset products and the centralized configuration offers transparent access to supervisory factors and calculation rules.

Real-time exposures and capital analysis

MX.3 produces SA-CCR & RWA results in real-time and for pre-trade capital consumption analysis. Comparison of SA-CCR, CEM and IMM approaches is available online enabling identification of the optimal counterparty for the trade based on ‘Total cost of Trading’.
MX.3 for Risk Control supports pre-deal limits on SA-CCR, or SA-CCR-derived metrics, along with other internal risk measures, thus enabling real-time regulatory restrictions and alerts.

Transparency through all SA-CCR interim results (directional delta, adjusted notional, supervisory duration, maturity factor, PFE, Replacement Cost, NICA…) and through all netting and hedging sets aggregation levels is available.

 

If you wish to learn more about our SA-CCR solution, please download the flyer here.

Functional Coverage

Real-Time Capital

Pre-deal capital impact assessment, online EADs & RWA, Limit impact check, connect multiple Trading and Collateral systems, low latency.

Glass Box Configuration

Out-of-the-box, Configurable, Auditable, Documented, Optimize time-to-market for new products, Packaged feed to downstream systems.

Regulatory Compliance

BCBS279 compliant, Vanilla & complex product mapping, Collateral & margining, EAD attribution to trade-level, RWA & other downstream calculations.

Enterprise-Wide Solution

Cross asset, Multi-source, Enterprise data repository, Data normalization, Ease of deployment, Ease of integration, Low TCO.

Related videos

Getting Ready for Basel III SA-CCR

In this video, Murex presents its SA-CCR solution which forms a key component of Basel III.

 

The enterprise-wide, prepackaged solution enables risk managers to focus on key implementation challenges such as risk factor mapping, choice of delta adjustments and collateral allocation. Impacts on EAD can be assessed on a pre-trade basis.

 

The SA-CCR solution will help clients to achieve regulatory compliance and provide them with the flexibility to adapt to and exploit evolving regulatory requirements.

Insights

  • FTF News Technology Innovation Awards 2020 - Video Interview

    Stella Clarke, CMO at Murex, gives an online interview to FTF (Financial Technologies Forum) following Murex's Software Solution of the Year award success for the third consecutive year in 2020.
    Watch the video

  • The impact of COVID-19 on key global financial regulatory reforms

    In this blog, learn more about some of the key global financial regulations that have been affected by the COVID-19 pandemic, and how this will impact regulatory compliance and related IT transformation projects.
    Read more

  • FRTB Special Report 2019

    Following the publication of the final standard in January, there is now greater clarity surrounding FRTB and banks are deciding on their compliance approach. For an update on the latest trends, read the full report.
    Read more

  • Turning the FRTB Internal Model Approach into a competitive advantage

    Are 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 2019

    What 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 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

  • 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

  • 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

  • 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:

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

  • 07

    Dec

    As Murex Adopts New Logo, Murex CMO Stella Clarke Explains the Evolution

    Add to calendarEvent Details

  • 18

    Nov

    Murex Continues Chartis RiskTech100® Success

    Read more

  • 09

    Nov

    Murex Nets Best Integrated Middle-Office Platform Award for the Buy-Side

    Read more

  • 06

    Oct

    Murex Delivers Fully Managed SaaS Solution to Key Client in North America

    Read more

  • 29

    Sep

    Krungsri Achieves Landmark IT Overhaul and Embarks on Long-Term Murex Partnership

    Read more

  • 09

    Sep

    Murex Keeps Up Excellent Winning Record at the Asia Risk Awards 2020

    Read more

  • 01

    Sep

    KBank Completes First Transaction Reference to New Thai Overnight Repurchase Rate (THOR)

    Read more

Events

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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.

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How would you prefer to be contacted?

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.