Murex mx.3 user manual manual#
Murex mx.3 user manual plus#

Concretely, MX.3 gives our employees better opportunities with one common system including faster pricing, shared data for market risk calculation and reporting, together with automatic settlement processes.

Murex mx.3 user manual manual#

вЂњWith this milestone we part ways with outdated systems and manual processes. By having all trades and functionalities in MurexвЂ™s MX.3 platform, the system already supports all processes in real time and thus secures the future of the bankвЂќ. Regulators are applying pressure on banks and in particular on their underlying settlement and clearing systems, which will be expected to move towards real time.

Murex mx.3 user manual plus#

We have greater transparency, which is a plus for both our customers and future regulatory requirements. Pia adds вЂњWe have increased speed and flexibility in our trades and can now offer a much better service. вЂњMurexвЂ™s platform provides a coherent interface to our customers where we have all data вЂ“ from pricing, to confirmation and posting вЂ“ in one systemвЂќ, says Pia Brink Andersen, department director from Customer, Interest and Currency in Sydbank.

One of the major advantages of the Murex platform is that it allows the two banks to improve operational efficiency by retiring several legacy systems and manual work processes and migrating to a common shared platform that covers the whole trade lifecycle, from trading and risk management all the way through to accounting. This gives the banks the benefit of economies of scale in terms of support and daily operations. Simplification of system landscape with MurexвЂ™s platform, MX.3Д«ankdata is currently implementing MX.3 for Jyske Bank and Sydbank and will soon extend to the rest of the member banks. Bankdata recently migrated interest rate and cross-currency swaps from its legacy systems to MurexвЂ™s MX.3 platform, the leading solution for trading, risk management and processing for the capital markets.

PARIS - Bankdata, an IT service provider to the Danish banking industry, has recently gone live with another stage of its transformation program.