Support standard approach (SA) and internal model approach (IMA) both models fully supported, with a multi-jurisdiction framework designed to simplify IMA approval and preconfigured regulatory set-up for SA compliance, reducing complexity
High performance: ‘‘never twice’’ intelligent calculation engine combined with in-memory aggregation, improves performance standards and reduces your hardware footprint
Comprehensive coverage: covers the full FRTB calculation chain, down to final capital charge, across all asset classes
Powerful risk architecture: integrates with your existing technology infrastructure
Operational efficiency: Optimized time-to-fix by recomputing only what is impacted by the change
FRTB implementation has significant impact on the way banks understand and manage their capital requirements, driving a change in operations, standards, references, data integration and risk management. FRTB directly impacts a bank’s profitability and efficiency and, as a result, how trading desks are managed.
MX.3 for FRTB
Part of Murex’s risk and regulatory suite, MX.3 for FRTB is the result of a significant investment in developing best-in-class technology and features for financial institutions, underpinned by 30 years of experience managing the complexity of capital markets. It aligns your risk and trading analytics and instruments to meet the demands of FRTB.
MX.3 for FRTB is available as a stand-alone solution or as part of MX.3 Enterprise Market Risk Platform, whose flexibility can be leveraged for other regulatory requirements such as CVA capital charge, SA-CCR, or SIMM margining.
MX.3 for FRTB is a packaged solution that supports multi-jurisdiction and calculates capital charges for both the SA and IMA. It gives a consistent view of risk across the trading book, facilitating regulatory compliance and enabling improved decision-making across trading desks. The solution can be deployed for SA-only compliance, or a combination of SA and IMA compliance depending on the business profile.
Achieving the high-level of granularity and complexity in analytics required by FRTB doesn’t have to come at the cost of performance or increased hardware. Murex’s technology stack uses CPU / GPU grids combined with an intelligent ‘‘never twice’’ calculation engine and in-memory aggregation to deliver one of the most high-performing solutions for SA and IMA compliance on the market for financial institutions. This drives real-time results, reduces a client’s overall hardware footprint and controls total cost of ownership.
For a cross-asset portfolio containing 275k trades, the FRTB graph engine calculated the corresponding
Over 30 years’ capital markets experience
30+ years’ experience across FO and risk, means Murex has the expertise to deliver your organization’s FRTB project. The team understands the significant organizational challenges posed:
Your partner for compliance
Murex offers a partnership approach, enabling you to benefit from tested methods and experience on FRTB projects:
Murex’s dedicated team is here to help with your FRTB solution enquiries and support you in meeting the regulatory deadline. Call your regional office or, if you prefer to be contacted, complete the form and one of the team will get in touch.
+ 33 1 4405 3200
+1 212 381 4300
+ 65 6216 02 88
For more than 30 years, Murex has provided enterprise-wide, cross-asset financial technology solutions to capital markets players. Its cross-function platform, MX.3, supports trading, treasury, risk and post-trade operations, enabling clients to better meet regulatory requirements, manage enterprise-wide risk, and control IT costs. With more than 57,000 daily users in more than 60 countries, Murex has clients across the financial services industry, from banking and asset management to energy and commodities. Murex is an independent company with over 2,500 employees across 19 locations. Murex is committed to providing cutting-edge technology, superior customer service and unique product innovation. MX.3 is specifically designed and engineered to meet the multifaceted challenges of a transforming financial industry. To find out more, visit www.murex.com