Sometimes an example captures it all
A recent client rollout of our latest analytics led to a threefold increase in traded volume of their most popular structured products in less than six months. Revaluation time was cut by 90% with considerably improved accuracy including the calculation of an additional ten sensitivities accounting for calibration to spot/vol dynamics.
In a world of growing complexity, even for vanillas, these are the kinds of improvements that our MX.3 analytics library can deliver. Whether clients need to account for complex underlying dynamics, build-in real time CVA charges or price and risk manage complex payoffs with a low TCO, MX.3 sets the standard. Clients can also add bespoke products and analytics, fully benefiting from the platform’s underlying lifecycle and risk management capabilities.
Reduce the cost of model validation
To stay ahead of the competition, banks are looking for a model validation solution that can minimize model risk and validation cost, reduce time to market and enable compliance.
MX.3 provides both the analytics and the tools to speed-up model validation. It includes flexible and customizable tests scripted within python notebooks and an automated model validation framework.
If you wish to learn more about our model validation solution, please download the flyer here.
Advanced curve management
Faced with rising regulatory pressure and volatility, financial institutions are applying new curve building methods to more accurately price trades. Today, both front office and risk teams need flexible risk projection methods.
MX.3 for Rate Curve Management enables flexible curve design based on a wide variety of instruments. It delivers advanced calibration and interpolation methods and includes packaged best practices for curve representation.
To learn more, please download the flyer.
Navigate the IBOR transition
IBOR reforms have become a big concern for many in the capital markets with changes set to have a fundamental impact on business. In order to meet the approaching deadline, early preparation is key.
MX.3 for IBOR Reform provides automated solutions to manage end-to-end transition mechanisms for all aspects of the reform across all business processes. Complemented by out of the box RFR indices, instruments and curves, as well as powerful tools, it helps you understand the impact of the reform every step of the way.
For further information about Murex’s solution addressing the IBOR reform, please visit this page.