TMCnet News
Murex MX.3 Product Innovation: Bringing Risk Governance up to Speed with New Market ParadigmsMUREX SAS (News - Alert) ("Murex"), the leading provider of integrated trading, risk, and back-office solutions, is pleased to introduce the new version of MX.3 for Limit Control, a robust and comprehensive framework, offering firm-wide exposure and limit management across multiple trading and banking systems and real-time pre-deal limit checking capabilities. While new regulations continue to emerge, and flash crashes and market contagion events continue to be a concern for capital market stability, technology has a central role to play in the setting up of sound risk management practices. Alexandre Bon, Head of the Risk Control division at Murex, comments: "MX.3 for Limit Control has become central to our clients' core global limits infrastructures where it improves the quality of strategic risk decisions by offering online exposure aggregation, immediate identification of risk concentrations and limit excesses, accelerated analysis and issue resolution."
Murex has built up a solid track record with over 150 institutions using
MX.3 for Limit Control to ensure the effective governance of an overall
risk policy within the framework required for real-time decision making.
The company continues to respond to market changes by offering added
functional and technological capabilities to financial institutions
seeking to reinforce their crdit, market and liquidity risk management
infrastructure. Since 2008, the vote of confidence of market practitioners repeatedly designating the MX.3 for Limit Control solution as the Number 1 limit checking product in Risk Magazine's Technology Rankings is both an acknowledgement of and an impetus to Murex's continuous commitment to supporting the industry through the challenges of risk control and regulatory compliance. About Murex
Since its creation in 1986, Murex has played a key role in proposing
effective technology as a catalyst for growth and innovation in capital
markets, through the design and implementation of integrated trading,
portfolio management, risk management, processing and post-trade
platforms. To stay up-to-date with Murex Announcements, follow us on Linked In and Twitter (News - Alert) @Murex_Group.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150723005869/en/ |