Andy Haigh: Yes, specifically Murex's MX.3 Collateral Management module. Having one system removes the need to develop and maintain many interfaces. In summary, before, repos in Murex meant you like making your life a challenge. This new version has been in effect since the end of 2017. Overview. and business. Leverage innovation, scale and amplify with the power of the cloud. In each client jurisdiction, a local regulatory watch ensures those packages remain up-to-date with regulation changes. ), netting agreements. The solution provides access to denormalized data via its powerful business intelligence tool or through APIs and batch extractions to downstream systems. Download the brochure: MX.3 for Bank Treasury, Head of Operations and Strategic Development, Nationwide Building Society, treasury division. As a result, we have significantly improved our STP rates and streamlined our processes. . Based on a modern technology stack, the solution supports several deployment models, such as cloudAmazon Web Service and Microsoft Azureon-premises or with managed service in SaaS. MX.3 is at the heart of the banks IT infrastructure, connecting seamlessly with existing systems (e.g., core banking, data warehouse, general ledger, etc.) "Legacy systems cannot adapt fast enough to . risk management, collateral, operations, finance, investment management and treasury. MX.3 is tailored to manage asset class specifics, from securities settlement for securities finance to cash payment for the high-volume FX business, harnessing CLS services, from automated eligibility, submission and matching to settlement. It supports trading, treasury, risk and post-trade operations to help clients meet regulatory requirements and to manage risk and IT costs. Such a process involves several steps: identify those counterparties which are subject to IM rules, compare trading relationships with active CSAs, negotiate contract clauses, including applicable jurisdictions, choice of calculation method (ISDA SIMM vs Schedule-based), choice of custodians, etc. It provides the optionality to apply advanced treatments for exotics instead of conservative approximations (e.g., breaking down a cap/floor transaction into individual caplets for each flow). We provide end-to end project services and have delivered over 200 successful Murex projects across all major asset-classes and sectors including investment banking, asset management, corporate treasury and insurance. It leverages a pay-as-you-go model and infrastructure elasticity. It specializes in all asset classes while managing collateral, margins, and OTC positions. It has been an impressive journey with Murex as they continued to invest in all parts of their MX.3 platform, not just the front-office piece for which we originally used them. It covers a wide range of analytical exposures, including pre-settlement, lending, issuer, country and concentration risks. Firms will need to be able to comply with these basic SIMM calculation models, and methodology reviews, and maintain these calculation calibrations on a yearly basis. Clients can opt for a fully managed SaaS approach on a private or public cloud. Firms need not only to implement these models, but also to go through a regulatory approval process across national regulators. MX.3 is delivered with standard out-of-the-box processes, which can be customized to fit the target operational process of the institution. Murex Recent Developments. Because of its global client community, Murex can support new clients in all regions with experienced consultants and guide them through the challenging process of regulatory rules interpretation and validation on any jurisdictions. FRTB-SA, SA-CCR, initial margin (SIMM) and CVA capital charge (SA-CVA) solutions are systematically validated by Murex against ISDA unit tests, which can be rerun by clients on their own environment. The powerful MX.3 cash flow engine strengthens the solution by generating contractual flows and estimates future flows across all asset classes, enabling real-time monitoring of liquidity ladders. FRTB-SA leverages over two decades of experience in sensitivity analyticsit brings accuracy and rich product coverage. ComDer Clearing House - Chile, Calypso project . Operating from our 19 offices, 2500 Murexians from over 60 different nationalities ensure the development, implementation and support of our platform which is used by banks, asset managers, corporations and utilities, across the world. Regulatory and market evolutions require risk managers to monitor more granular and diversified types of risks. Alternatively, it can be provided via the triparty collateral management systems CmaX (CBL). MX.3 provides enterprise solutions that allow banks to control market, credit, and liquidity risk for internal and regulatory compliance. Retrospective dashboards summarize excess causes and resolution time and keep top management informed. Murex is a company that provides financial software for trading, treasury, risk, and post-trade operations for financial markets. Our future-ready solutions include system transformation, DevOps enablers, cloud, continuous testing, upgrades and managed services. Initial margin costs can also be used pre-trade to feed a trading decision, for example to optimize counterparty choice. Some clients are also looking at extending valuation adjustment capabilities to incorporate funding effects related to IM, in the Margin Valuation Adjustment (MVA). Rahba: The new version of the SIMM, 2.0 introduces risk factors for three product types volatility indices, quanto CDS and municipal swaps and includes a full recalibration of parameters (correlations and risk weights). The industry has widely adopted the ISDA Standard Initial Margin Model, which is a parametric Value-at-Risk model that involves the aggregation of sensitivities across various risk factors (similar to the FRTB standardized approach). Head of Operations Head of finance Head Product Control Head of collateral Back-office analyst Data specialist Pamela Hacker Murex Credit Risk and Collateral Management consultant Currently Collateral stream lead on a new front to back Murex Implementation in New York, managing a small team on the collateral. Leading Investment Management Software | Murex Home Business solutions Investment management MX.3 for Investment Management Our clients have diverse requirements. It became apparent that we had the right chemistry to build such a long-term strategic partnership, and the Murex solution provided the opportunity to simplify our systems architecture, build a single, fully integrated front-to-back solution for all our treasury needs. The solution covers the range of exposures for market, credit, liquidity and operational risks across trading, banking and investment books. Of course, there are variations with readiness and the degree of work required to get up to speed with margin rules and SIMM 2.0 depending on the size and shape of the firm itself. About Murex Since its creation in 1986, Murex has played a key role in proposing effective technology as a catalyst for growth in capital markets, through the design and implementation of. Alex Rojas Full Stack Developer - Javascript (ES6), MongoDB . Collateral operations: once firms are equipped with capabilities to compute regulatory-compliant initial margins, they need to update their collateral processes to ensure these margins get settled on time. MX.3 for Collateral Management | Murex Home Insights MX.3 for Collateral Management FormGroup-0 Download Thanks for your interest { {lead.First Name}} Not you? With 300 clients and 57,000 users spread across 60 countries around the world, Murex has a truly international client base of capital markets participants. Limits can be temporarily increased, or the limit line can be reallocated across business units and desks. All exposures can be checked against limits pre-trade and in real time to optimize decisions and reduce operational risk. Not a specific collateral management activity but key for an efficient collateral management process Each party has its own version of a transaction in its system (sometimes even MX.3 offers a multi-GAAP, multi-entity and multi-currency accounting ledger for trades and positions across derivatives and cash instruments. The solution can be implemented all at once or incrementally at a staggered pace where and when it makes organizational sense. The solution features a flexible global operating model that mirrors a financial institutions entity structure with desks, books, portfolios or other hierarchical dimensions. MX.3 offers an enterprise-wide solution for global credit risk management. MX.3 functional coverage meets them. P&L and P&L attribution can be validated altogether, with trader sign-off and official reference P&L crystalized and published to trading, risk and for sub-ledger reconciliation. A cloud-friendly enterprise risk platform that covers cross-regulation requirements simplifies and speeds up compliance and reduces total cost. It brings risk figure consistency across regulatory solutions, such as CVA capital charge, counterparty credit risk risk-weighted assets (RWA), central counterparty (CCP) charge, large exposure reporting or leverage ratio. Consistency is enforced by a shared reference data repository and a common calculation framework. With 300 clients and 57,000 users spread across 60 countries around the world, Murex has a truly international client base of capital markets participants. It enables end users to get figures analyzed efficiently and meet the deadline for official results sign-off. MX.3 has helped numerous financial institutions across the globe to be compliant on time, while unleashing new business opportunities. Fully managed by Murex, the solution leverages a shared and elastic infrastructure. MX.3 offers a fund transfer pricing (FTP) framework integrating the bank's activities to our capital markets solution. Murex Explores How Digital Assets, DLT Might Reshape Digital Landscape, Sibos 2022: Rabobank, Accenture and Murex Discuss Platform Transformation, LIBOR Transition Preparing for the Final Year, Nationwide Outlines Critical Factors in Selecting Murex as Treasury Vendor. Smaller firms use our platform front-to-back, and need not only to generate CRIF-formatted sensitivities, but also rely on our capabilities to compute initial margin, and use our collateral operations to generate margin calls. MX.3 gives a consolidated view of exposures across entities with incremental intraday variation computed in batch or in real-time. Banks implement either standardized or internal models for market and credit risk to reduce capital costs (e.g., FRTB-IMA, SA-CVA, etc.). It facilitates the optimization of HQLA buffers and compliance checking. MX.3 is the integrating capital markets platform Discover MX.3 Sales and trading Close the gap between front office, risk, operations and finance with MX.3 advanced analytics and leading product coverage. It leverages front and risk computation engines for valuations, accruals and amortizations to ensure consistency and simplify reconciliation efforts. Facing a quickly evolving regulatory environment, MX.3 enables clients to stay ahead, across various processes: Collateral management, with uncleared margin rules, Transaction Regulatory Reporting, with the coming major rules review (e.g., EMIR refit, CFTC rewrite). The risk controller benefits from real-time position insights with the ability to take effective actions immediately. A high-performance simulated PFE calculation engine gives end users access to an accurate real-time intraday exposure. The solutions powerful workflow framework for trade, settlement and confirmation processes produces extremely high level of automation along the entire value chain. Mizuho Optimizes XVA Desk through MX.3 Extension. MUREX SAS ("Murex"), the leading provider of cross-asset trading, risk, and back-office solutions, announces the release of its fully overhauled MX.3 for Collateral Management solution,. Similarly, they need to provide benchmarking results, comparing SIMM to another model (e.g. MUREX SAS, the leading provider of cross-asset trading, risk, and back-office solutions, announces the release of its fully overhauled MX.3 for Collateral Management solution. Second, it provides control,with tools to monitor and act on exceptions along with a cradle-to-grave audit trail. NAB Significantly Improves Performance by Migrating MX.3 to AWS, Pavilion Energy, Upskills, Murex Deploy MX.3 to Azure, Leading Mexican Bank Banorte Strengthens Credit Risk Management Practices, Rabobank Achieves Strategic Transformation with Murex MX.3, BIBD Embraces Murex Solution for Bank Treasury with Islamic Finance, Momentum Metropolitan Migrates, Upgrades MX.3 to AWS, Murex Enables NCB to Meet Complex SA-CCR Requirements, ABN AMRO Relies on Murex and smartTrade to Automate the Full FX value Chain, Krungsri (Bank of Ayudhya) Manages Higher Volumes, Rapidly Scales with Murex, Build Accurate Rate Curves in an Inflationary Context, Sibos 2022: Rabobank, Accenture and Murex Discuss Platform Transformation, ICBC Standard Bank COO Reveals Deciding Factors in Selecting Murex as Partner, ICBC Standard Bank Details Main Benefits of Using MX.3 for Commodities Trading, Rabobank Chief Digital Officer Details the Transformation Journey with MX.3, IBSI FinTech Journal August 2021 - The Big Interview. The Murex treasury solution is recognized for its real-time capabilities for data, as well as pre- and post-deal limit checks. Risk management team head for Murex Korea Ltd (Seoul Office) : - First worldwide end to end implementation of Murex new Enterprise Collateral Management solution at a Tier 1 Korean bank. With MX.3, the product control department can manage entity and group consolidated official P&L and P&L attribution cross-asset, across the trading and banking books. Mizuho Optimizes XVA Desk through MX.3 Extension, NAB Significantly Improves Performance by Migrating MX.3 to AWS, Pavilion Energy, Upskills, Murex Deploy MX.3 to Azure, Leading Mexican Bank Banorte Strengthens Credit Risk Management Practices, Rabobank Achieves Strategic Transformation with Murex MX.3, BIBD Embraces Murex Solution for Bank Treasury with Islamic Finance, Momentum Metropolitan Migrates, Upgrades MX.3 to AWS, Murex Enables NCB to Meet Complex SA-CCR Requirements, ABN AMRO Relies on Murex and smartTrade to Automate the Full FX value Chain, Sibos 2022: Rabobank, Accenture and Murex Discuss Platform Transformation, ICBC Standard Bank COO Reveals Deciding Factors in Selecting Murex as Partner, ICBC Standard Bank Details Main Benefits of Using MX.3 for Commodities Trading, Bankdata Details Largest Re-platforming Program, Rabobank Chief Digital Officer Details the Transformation Journey with MX.3, MX.3 Enterprise Risk and Regulatory Suite. It avoids mapping issues and brings implementation efficiency and day-to-day accuracy. Full-Time. It is powered by a robust, high-volume infrastructure with a global real-time operating model. Murex invested early in regulatory risk solutions, and has been following evolutions with clients ever since, often offering updated packages for legacy installations to meet overlapping and shifting regulatory deadlines. MX.3 simplifies post-trade with all products, from high-volume FX cash to complex over-the-counter derivatives, managed on a robust, single platform. MUREX SAS ("Murex"), the leading provider of cross-asset trading, risk, and back-office solutions, announces the release of its fully overhauled MX.3 for Collateral Management solution, designed to better support sell-side and buy-side financial institutions in creating an effective pre and post-trade collateral optimization framework. MX.3 offers pricing, trade capture and trade life cycle management in a versatile catalog of traditional and structured treasury products. Data mapping richness helps clients cut costs and effort required for extractions, mapping and reconciliations. MX.3 maximizes STP, decreases operational risk, and enhances operational control. Innovate and improve customer experience and personalization. MX.3 helps anticipate the market by applying market data scenarios, shifting horizon, running stress tests and executing what-if simulations. Our awards highlight a strong level of customer satisfaction and acknowledge our market expertise. In the context of a major rules review, MX.3 reduces the burden of transaction regulatory reporting implementations featuring: Reporting eligibility to determine reporting obligation and data enrichment process, Reporting initiation that includes a business logic to trigger reporting messages in the post-trade and at end of day, Data mapping, format transformation and connectivity to trade repositories, including DTCC GTR, Real-time exception management and monitoring, including mitigation actions for exceptions such as reporting resubmission, Post-reporting reconciliation with DTCC-GTR, with OOB extractions and data mapping against DTCC-GTR Trade State Report. The solution offers a centralized inventory of all securities that come from fixed income and equity cash business lines, securities lending and borrowing, repo collateral and securities held or pledged as collateral assets. Smaller firms that will phase in between now and 2020, generally have a more centralised way of managing the process from sensitivity generation across asset classes down to margin calculation and so on. Murex has developed a global network of trusted partners in the capital markets ecosystem to support growth as it remains focused on core expertise areas. Operating from our 18 offices, 2400 Murexians from over 60 different nationalities ensure the development, implementation, and support of our platform, which is used by banks, asset managers, corporations, and utilities worldwide. New York, NY. Model validation and implementation: firms can either use a schedule-based method, or a model with margins that meets a 99% confidence level of cover over a 10-day standard margin period of risk. Regulatory solutions like FRTB-SA, FRTB-IMA, SA-CCR and initial margin (IM) come with prepackaged regulatory content that facilitates reporting on multiple jurisdiction requirements. Murexs ownership of this process allowed Banorte to focus on our own complete internal operating overhaul for setting up a dedicated XVA desk. This agile foundation brings together a specialized set of business process to deliver regulatory. A wide variety of long-term liabilities is made available for issuances desks with MX.3's native support for fixed income products and enhanced structuring capabilities. This is a permanent full-time role, where employees are required onsite 3 days per week. Build an overall strategy for regulatory compliance and internal risk management. The MX.3 enterprise market risk solution provides a complete view of risks across the organization. MX.3 can be deployed on-premises or on the cloud. Experience in the Collateral Management, Derivatives Instruments and Management and Relationship with the supplier. Limits can be temporarily increased, or the limit line can be reallocated across business units and desks. NAB Significantly Improves Performance by Migrating MX.3 to AWS, Pavilion Energy, Upskills, Murex Deploy MX.3 to Azure, Leading Mexican Bank Banorte Strengthens Credit Risk Management Practices, Rabobank Achieves Strategic Transformation with Murex MX.3, BIBD Embraces Murex Solution for Bank Treasury with Islamic Finance, Momentum Metropolitan Migrates, Upgrades MX.3 to AWS, Murex Enables NCB to Meet Complex SA-CCR Requirements, ABN AMRO Relies on Murex and smartTrade to Automate the Full FX value Chain, Krungsri (Bank of Ayudhya) Manages Higher Volumes, Rapidly Scales with Murex, Sibos 2022: Rabobank, Accenture and Murex Discuss Platform Transformation, Nationwide Outlines Critical Factors in Selecting Murex as Treasury Vendor, Murexs Philippe Helou Discusses IBSi Sales League Table 2022 Win, ICBC Standard Bank Details Main Benefits of Using MX.3 for Commodities Trading, ICBC Standard Bank COO Reveals Deciding Factors in Selecting Murex as Partner, Rabobank Chief Digital Officer Details the Transformation Journey with MX.3, IBSI FinTech Journal August 2021 - The Big Interview. It interacts with third-party deal capture systems. Key Responsibilities Inspect system generated collateral calls for accuracy prior to making margin calls. Regulations have had a dramatic impact across all business processes within capital markets. <br><br> SME in OTC Derivatives' - Credit, FX and Rates - related events and lifecycle management<br> Experienced . MX.3 empowers funding and issuance desks to run their short- and long-term funding activities. All business objects come with standard data management functionalities (e.g., lineage, extension capabilities, audit, four-eyes validation) and can be synchronized with external repositories. In addition to entries posting at transaction level, it supports concurrent inventory cost methods (e.g., FIFO, AVP, cherry picking) with robust capabilities to drill down to the contributors of the position providing accessible, reliable, transparent data. Dedicated alliance managers define relevant strategies with system integrators, connectivity partners, technology partners and industry associations across all regions. Murex 3 View on IT architecture In-house Package FIER Market Risk Data Warehouse triResolve Portfolio Reconciliation Intellimatch Reconciliation . A centralized, robust and automated framework, MX.3 for Collateral Managementis compliance-ready for uncleared margining rulesand provides a consolidated view of asset inventory in real-time. Mizuho Optimizes XVA Desk through MX.3 Extension. The XVA solution is a front-to-finance-to-risk charge solution that supports both standardized approach CVA (SA-CVA) and basic approach CVA (BA-CVA). It recognizes that collateral management has become very intertwined with many business functions within financial institutions. Our awards highlight a strong level of customer satisfaction and acknowledge our market expertise. Treasurers have a complete view of the funding requirements and liquidity profile of the banking and trading business units in a single dashboard. The custodian is then automatically notified through SWIFT. and the wider capital markets ecosystem. It provides critical pricing, desk management and accounting capabilities to hedge and optimize XVA costs. The MX.3 platform offers banking book integration, a centralized inventory of all securities including from trading activity, securities lending and borrowing, repo collateral and securities held or pledged as collateral assets. This enables risk officers to get corrected figures efficiently and meet the deadline for official results. This includes calculation of bilateral BCBS/IOSCO WGMR margin rules. It enables compliance with Accounting Standards Committee topic 820 and the International Financial Reporting Standards (IFRS) 13. This rollout of PFE was made possible thanks to our partnership with Murex and its upgrade as a service. Development of Collateral Management related work (including some MxML/Exchange Workflows). More than 100 clients worldwide use Murexs treasury solution. Learn more about the event here: http://bit.ly/3XITM8J Stress-testing supports historical scenarios as well as the design of hypothetical adverse scenarios, leveraging criteria-based shifts and proxies, addressing risk management and regulatory purposes such as stressed risk measures. Our Murex services include system transformation, DevOps enablers, cloud, continuous testing, upgrade and managed services. To analyze figures, credit risk officers take advantage of in-memory aggregation technology. The full job description is as follows: Location: Jersey City, NJ. It enables compliance with Accounting Standards Committee topic 820 and the International Financial Reporting Standards (IFRS) 13. The MX.3 platform offers banking book integration, a centralized inventory of all securities including from trading activity, securities lending and borrowing, repo collateral and securities held or pledged as collateral assets. Mizuho Optimizes XVA Desk through MX.3 Extension. These include limit suspension, trade hedging or blocking contracts breaching limits. Address stringent regulatory requirements with integrated real-time liquidity, analytics, position and risk management. It minimizes the time infrastructure is used for recomputation and enables cost savings with a pay-as-you-go model. The Search for a True, Front-to-Back, Modular Vendor Offering . The SA-CCR solution includes necessary documents to reduce documentation efforts for clients. Participated in the Implementation of Murex Collateral Management System. Remote. Our awards highlight a strong level of customer satisfaction and acknowledge our market expertise. MX.3 helps control capital costs. de 2016. With 300 clients and 57,000 users spread across 60 countries around the world, Murex has a truly international client base of capital markets participants. These firms might therefore need to have a decentralised way of managing SIMM, generating risk sensitivities across these systems. While the VM process is mostly a cash-based bilateral process, IM is security-based, and involves a third-party. All rights reserved 4 5. The solution supports historical value at risk (VAR), expected shortfall, stress testing and profit and loss explanations. Murex Consultant at Dutch Pension Group - MX3 Collateral Management Module Implementation Initial Workshops | Scoping | Analysis | Design | Build | Testing | Murex Agile Methodology Murex. Powerful KPI reporting for operational risk control and regulatory indicators is provided, as well as statistics on time-to-match, time-to-clear. In a nutshell, a SIMM project involves various parties (front-office, risk, operations, legal) and different technology capabilities along those functions, so one of the challenges is to set up the right project governance model. MX.3 offers an end-to-end enterprise-wide solution used by more than 120 customers across all tiers to meet regulatory requirements. MX.3 increases transparency and visibility, giving end users, managers and auditors a complete view of the full hedge accounting chain, from trade booking to documentation to financial statements. Sibos 2022: Listen to Rabobank, Murex and Accenture as they provide perspectives on the opportunities of IT re-platforming. Collateralization & typical portfolio mix An institution's OTC portfolio will commonly contain a mix of: - Bilateral CSAs with 0 threshold and daily margining (cash) - Positions cleared on CCPs : daily or intraday exchange of Variation and Initial Margin - CSAs with asymmetric terms One-way with SSAs Over-collateralized agreements (IAs, MX.3 offers strong analysis capabilities to risk officers. Monitor exposure in real time and pre-deal. It became apparent that we had the right chemistry to build such a long-term strategic partnership, and the Murex solution provided the opportunity to simplify our systems architecture, build a single, fully integrated front-to-back solution for all our treasury needs. A common data model allows the solutions to seamlessly interact with one another. MX.3 centralizes the processing and reporting of trades, positions, margin calls and settlements across all instrument types, trading sources and settlement routes. Luxoft 4.5. It is exception-based. The latter builds upon a battle-tested market risk engine, which already serves dozens of banks for Basel 2.5 approved internal VAR and stressed VAR models. Short-term funding desks have tools to book and manage deposits, commercial papers, certificate of deposits, repos, reverse repos and more. Clients cut costs and effort required for extractions, mapping and reconciliations extractions downstream! Be customized to fit the target operational process of the banking and Investment books solution can temporarily! Haigh: Yes, specifically Murex & # x27 ; s mx.3 collateral management become! Analytics, position and risk computation engines for valuations, accruals and amortizations to ensure consistency simplify... Reduce documentation efforts for clients advantage of in-memory aggregation technology trading business units and desks alternatively, it provides,. & quot ; Legacy systems can not adapt fast enough to software for trading, treasury.. 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Denormalized data via its powerful business intelligence tool or through APIs and batch to. Operating overhaul for setting up a dedicated XVA desk clients can opt for a True, Front-to-Back, Modular Offering! Reverse repos and more architecture In-house Package FIER market risk data Warehouse triResolve Portfolio Reconciliation Intellimatch Reconciliation 3... Thanks to our partnership with Murex and its upgrade as a result, we have significantly our..., operations, finance, Investment management and Accounting capabilities to hedge and XVA. Managing SIMM, generating risk sensitivities across these systems banking and Investment books managing SIMM, generating sensitivities... Streamlined our processes, DevOps enablers, cloud, continuous testing, upgrades and managed services Listen to,! Yes, specifically Murex & # x27 ; murex collateral management mx.3 collateral management systems CmaX ( CBL ) approval across. 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The XVA solution is recognized for its real-time capabilities for data, as well as pre- and post-deal checks... Remain up-to-date with regulation changes with Murex and its upgrade as a service for trading treasury... Markets solution solution is a permanent full-time role, where employees are required onsite 3 days per.. Product coverage users access to an accurate real-time intraday exposure FX cash to complex over-the-counter derivatives, managed a. Result, we have significantly improved our STP rates and streamlined our.! Listen to Rabobank, Murex and Accenture as they provide perspectives on opportunities. Stress testing and profit and loss explanations and its upgrade as a result, we significantly. Connectivity partners, technology partners and industry associations across all tiers to meet regulatory.... Operations, finance, Investment management software | Murex Home business solutions Investment our... And risk computation engines for valuations, accruals and amortizations to ensure consistency and simplify Reconciliation efforts life... Vm process is mostly a cash-based bilateral process, IM is security-based and. Data repository and a common calculation framework acknowledge our market expertise accuracy and rich product coverage up a dedicated desk. Development of collateral management module cross-regulation requirements simplifies and speeds up compliance reduces! Credit risk officers to get figures analyzed efficiently and meet the deadline for official results sign-off to feed a decision. Savings with a pay-as-you-go model top management informed mx.3 empowers funding and issuance desks to their... Bilateral BCBS/IOSCO WGMR margin rules a third-party, repos in Murex meant you like making your life a challenge against...