MX.3 for Investment Management
Fuel growth. Empower differentiation.
Murex offers MX.3, a unified platform that covers portfolio management, trading, compliance and risk, performance and accounting. MX.3 is based on a cross-asset Book of Record (BOR) for optimal efficiency and decision-making.
Differentiate your investment strategies with Murex. Built-in capabilities enable clients to benefit from unrivalled instrument coverage, deep expertise and market-proven analytics across vanilla equities, fixed income, OTC derivatives and private investments.
Gain flexibility. Our market standards allow you to accelerate your time to market and maintain your ability to tailor the solution to fit unique investment and operating needs.
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A unified solution for
public and private investments
Key benefits
Unrivalled instrument catalog
Equity and fixed income, complex OTC derivatives and private assets are added to portfolios swiftly across regional and global markets.
A 360-degree view of the total public and private assets portfolio for optimized decision-making
The user-centric portfolio management system unifies access to data, decision-making capabilities and analytics.
Award-winning enterprise risk management
Benefit from an integrated suite of risk measures for cross-asset market risk, liquidity risk, counterparty credit risk and regulatory reporting.
Coverage for the entire investment chain
Front, middle, back and risk are unified in one platform, optimizing your operations and reducing reconciliation efforts.
Support for global investment operations
MX.3 is multi-entity and supports investment management processes 24/7.
The best of both standardization and customization
MX.3 offers standardization where it can accelerate your go-to-market and customization to cater to your unique business and technology needs.
Flexible data strategy
Insource data seamlessly from preferred providers or bring your own data with an extensible data model and Murex partnerships.
Open and interoperable platform
MX.3 seamlessly integrates into your technological ecosystem and connects to third parties with the platform’s REST APIs.
Flexible deployment and operating models
MX.3 is available on SaaS, cloud and on-premises and can be tailored to meet your insourcing and outsourcing strategies.
Discover MX.3 for Investment Management.
Our extensive range of instruments across public and private investments is customized to local market specifics. With deep expertise, you gain a complete, comprehensive solution for managing all your investments from front-to-back, including risk.
Differentiate the management of your core investments with advanced pricing and risk tools and analytics for equity, fixed income and listed derivatives.
Unlock the full potential of derivatives with our market-standard OTC solution. Manage the entire life cycle—from front to back office operations and risk management—for instruments such as swaptions, CMS and inflation swaps, including LPI.
Adopt total portfolio approach by managing your private and public investments in one place.
Extend to digital assets confidently with a built-in, front-to-back solution including Central Bank Digital Currency (CBDC).
Invest in sustainable assets with a dedicated catalog and tools for ESG investment.
Explore our full catalog of asset classes.
Enhance your portfolio management with modern, user-centric workspaces. Steer your entire portfolio using the right data, tools, analytics and built-in workflows that connect portfolio managers with internal or outsourced trading desks.
Implement your investment strategies with confidence using 360-degree portfolio analysis. MX.3’s modern portfolio management workspace brings together positions, data and analytics to analyze portfolios, generate orders, ensure compliance, manage risk and track performance.
Realize your investment objectives with advanced analytics. Portfolio managers leverage a rich library of analytics, spanning multi-norm accounting metrics, liquidity and market risk, credit analysis, ESG analysis and others to support their decisions.
Combine speed and agility. Accelerate investment processes with ready-to-use workspaces, while offering portfolio managers the flexibility to customize their views using intuitive self-service analytics and widgets.
Effectively hedge liability driven investment (LDI). Pension funds and insurance can elaborate LDI strategies based on our flexible liabilities modeling, indexation on equities, rates and inflation, including cap and floor. These capabilities are supported by the MX.3 curve framework for liability discounting.
Discover a new portfolio management experience. Request a demo.
Cover your entire trading cycle with comprehensive, end-to-end workflow spanning all asset classes with integrated compliance and connectivity to a global community of brokers and venues.
Enable a flexible trading operating model. The MX.3 order management system offers versatility by supporting three distinct dealing models: portfolio managers acting as dealers, routing orders to an in-house trading desk, or utilizing outsourced execution services.
Enhance collaboration between portfolio managers and traders. Exchange execution instructions within an integrated workflow, fostering better communication and efficiency.
Seamlessly connect to global platforms. Leverage built-in connectivity to brokers through FIX hubs, multi-asset execution, and matching platforms from a modern and dedicated trader workspace.
Centralize compliance monitoring and management over the investment life cycle.
Gain a comprehensive view of your risk profile. Monitor exposures to aggregates such as country, issuer, currency, counterparty and others.
Maintain your regulatory and investment limits by ensuring all trades are within the set limits. Check compliance across security positions and derivatives and monitor your pre-trade, in-trade, post-trade and end-of-day compliance limits.
Quickly resolve compliance breaches. Trace history and remedy violations with a dedicated workflow and drill-down capabilities.
Rapidly deploy compliance frameworks leveraging our standard compliance rules library. Define your compliance rules using standard regulatory rules, such as UCITS, short selling, and more to ensure consistency and accuracy in your compliance processes.
Trusted by top financial institutions worldwide, our integrated risk capabilities cover market, liquidity and counterparty credit risks. Leveraging MX.3's full repricing functionality, the solution handles all instruments, including complex derivatives.
Market risk
Measure your portfolio risk across all assets and ensure adherence to risk-related regulations. Access a wide range of internal and regulatory risk metrics, including market exposures and sensitivities, parametric VaR, historical VaR, and Monte Carlo VaR, SRI, SEC rule 18f-4, and more.
Quantify potential losses and assess the effectiveness of your investment strategies. Calculate risk indicators such as expected shortfall, tracking error, diversification benefits, and more.
Evaluate the resilience of your portfolio under extreme market conditions. Apply stress tests based on historical or hypothetical scenarios.
Empower timely decision-making and rapid scenario analysis by running additional intraday risk calculations. Leverage MX.3 market risk pay-as-you-go model and infrastructure elasticity offered by the cloud. Read more.
Counterparty credit risk
Identify vulnerabilities to specific counterparties, sectors, or regions. Measure counterparty credit risk through global exposure and stress testing for your fixed income and OTC portfolios.
Put robust counterparty risk management in place and obtain accurate credit indicators across all asset classes. Calculate Monte Carlo potential future exposure (PFE), which provides metrics such as issuer lending, notional, pre-settlement and settlement.
Liquidity risk
Understand your projected liquidity and costs under various scenarios. Calculate and stress test them across different horizons, market conditions and liquidation methodologies.
Assess the impact of fund liabilities on liquidity. Monitor your redemption risk through stress testing.
One unified source of truth provides accurate, complete and up-to-date investment data.
Book of Record
Break down silos for enhanced efficiency. Unify investment data across your front-, middle- and back-office functions, managing operations using a single, shared position source. MX.3's Book of Record (BOR) centralizes all your current and projected cash and position data across every type of investment—reducing reconciliation efforts and boosting overall efficiency.
Make informed investment decisions with reliable, event-adjusted and up-to-date positions data. Portfolio managers access accurate, complete and timely investment data across all assets in cash, securities and derivatives.
We offer flexibility where it matters. You can insource data of your choice and implement your unique investment strategy.
Data
Insource the best market data content. Seamlessly integrate with leading data vendors, leveraging Murex’s rich partnerships to access high-quality market data.
Integrate your own data with ease. MX.3 is an open platform that supports the seamless integration of your data, providing flexibility and control over your data inputs.
Customize the solution to fit your ESG data needs. Support your ESG data requirements with our extensible data model for ESG data, allowing you to tailor the solution to your specific environmental, social and governance criteria.
MX.3 provides built-in performance measurement, contribution and attribution solutions. These are accessible at various investment stages to analyze decisions, optimize strategies and support comprehensive performance reporting.
Reporting
Reduce operational risk. Performance calculations are based on your BOR, ensuring all your functions and client reporting rely on the same source of truth.
Improve reporting. Your investment data—positions, performance, analytics and more—are readily available to automate your client and regulatory reporting with MX.3’s REST APIs.
Meet expanding reporting needs. Our flexible, elastic reporting solution is designed to handle increasing volumes.
Performance
Analyze and report your investment decisions. Use rich, risk-adjusted performance metrics such as Tracking Error, Sharpe, Information, Sortino and Treynor ratios, maximum drawdown, and more, provided by the performance universe for portfolio managers.
Analyze the effectiveness of your investment decisions. Gain deeper insight from the diverse classifications and comprehensive performance analytics.
Apply sophisticated native performance attribution across all your investments. Our model based on full repricing capabilities enables this and is applicable to a wide range of instruments—from equities, fixed income, FX, and cash to more complex OTC derivatives.
Break down your portfolio performance with advanced methods for performance attribution. MX.3 supports models like Brinson-Fachler for equity, bottom-up successive spread method for fixed income, and a combination of other methods.
Streamline middle-office operations with a flexible model you can tailor to meet your insourcing and outsourcing needs.
High level of straight-through processing
Support diverse settlement conventions in multiple markets, including T+1 and T+0. Leverage high automation with exception-based processes, 24/7 trading support and connectivity to DTCC CTM, MarkitWire and Swift. Learn more.
Adapt to your middle-office operating model with ease. Whether you need to interface with your service provider or give them access to your MX.3 instance, we can support your outsourcing needs, offering flexibility to match your operational requirements.
Seamlessly manage all your enterprise OTC derivatives trade life cycle operations. Connect your other systems with MX.3 to handle everything from booking to valuation, utilizing our best-of-breed OTC derivatives processing solution.
Net asset value (NAV) oversight and contingency
Oversee the official fund admin NAV. MX.3 calculation leverages MX.3 BOR and advanced valuation capabilities.
Ensure timely NAV calculations with independent processes. MX.3 automates the computation of NAVs ahead of the fund administrator’s schedule, enabling pre-release review when needed.
Collateral management
Optimize your collateral management. Connect to key industry utilities and comply with uncleared margin rules (UMR) across jurisdictions, including IM methodology and calculation for OTC derivatives, with MX.3 being a licensed vendor for ISDA SIMM. Learn more about MX.3 for Collateral Management.
Benefit from an integrated investment accounting solution, ensuring accurate investment decisions, regulatory compliance and seamless hedge accounting across various asset classes.
Hedge accounting
Automate hedge accounting. Benefit from a solution that includes micro-hedge or macro-hedge and covers a wide range of hedge types, such as fair value hedge, cash flow hedge, and net investment in foreign currency hedge.
Cross-asset subledger
Deliver timely investment accounting reporting with local standards and IFRS. MX.3's multi-GAAP, multi-entity and multi-currency solution generates investment accounting entries across all asset classes, helping you adhere to regulatory requirements.
Pilot your investments to achieve accounting objectives. Integration between accounting and front-office operations allows you to base your decisions on accurate accounting metrics, providing a solid foundation for your investment strategies.
Explain accounting entries with ease. Traceability to front and middle-office events links accounting entries directly to related events, offering clarity and understanding of the accounting processes.
In an end-to-end platform, diversify your investments beyond traditional equities and fixed income strategies with private investments and sophisticated derivatives.
Pilot your insurance portfolios by measuring the accounting impacts of your investment decisions according to international and local GAAP.
Fulfill risk-based capital requirements efficiently with stress testing, scenario analysis and detailed reporting.
Apply advanced hedging for liability driven investment (LDI) strategies. Modeling is available for liabilities such as indexation on equities, rates and inflation, including cap and floor. These capabilities are supported by the MX.3 curve framework for liability discounting.
Push your investment boundaries. Invest in any instrument worldwide with extensive instrument coverage and off-the-shelf support to local conventions.
Embed ESG in every aspect of your investment management process, from portfolio construction and management to compliance, risk assessment and reporting, ensuring sustainable and responsible investment decisions.
Implement any fund strategies with the largest listed and OTC derivatives coverage in the market.
Adopt the operating model that works best for you, from full insourcing to selected business process outsourcing.
Simplify your IT landscape by replacing best-of-breed satellite applications. MX.3, delivered via SaaS or on-premises, covers the entire investment chain, from decision to reporting.
Automate your operations and break silos. MX.3 equips portfolio managers, trading desk, risk and compliance officers, middle office and accounting with up-to-date investment data and exception-based workflows.
Adopt a total portfolio approach by managing your public and private investments in one platform.
Manage your accounting and hedge accounting on the same platform as your investments.
Choose the operating model that fits your technology strategy. Whether via SaaS or on-premises, MX.3 meets your scalability and confidentiality needs. Our API optimizes IT infrastructure and seamlessly integrates with specialized fintech solutions.
Generate more revenue by extending your insourced or outsourced security lending operations with MX.3 built-in capabilities. Learn more.
MX.3 meets your scalability and confidentiality needs via SaaS or on-premises. Our API optimizes IT infrastructure and seamlessly integrates with specialized fintech solutions.
Manage liquidity and funding activities from debt issuance to risk management and accounting with Murex expert solutions, used daily by hundreds of Tier 1 and Tier 2 financial institutions worldwide.
Adopt a total portfolio approach by managing your public and private investments in one platform.
Manage your accounting and hedge accounting on the same platform as your investments.
Generate more revenue by extending your insourced or outsourced security lending operations with MX.3's built-in capabilities. Learn more.
Extend your investment strategies in any region with a competitive time-to-market with MX.3’s full range of instruments and advanced front-to-back functionalities.
Adopt our flexible operating model to meet your unique business needs.
Make risk-informed investment decisions thanks to MX.3’s superior repricing and analytical capabilities, covering all instruments, including complex derivatives. Learn more.
Industrialize your clients’ operations with a unified, modern platform for high-volume processing across the middle office, including performance measurement and attribution, OTC valuation, market and liquidity risk management, and private investment life cycle support.
Simplify your operating model. Reduce fragmented applications and consolidate multiple functional processes on one platform.
Support your digital strategy with MX.3's open architecture and REST APIs. Learn more.
Managed services
Murex offers multiple options for deployment: SaaS, cloud or on-premises. Our managed services allow your business to regularly adopt Murex innovations and control your total cost of ownership.
Learn more about our managed services.
Uninterrupted business continuity
Our round-the-clock experts ensure technical issues are swiftly resolved, maximizing system availability.
Integration partners
Murex fostered close partnerships to deliver our technology around the world. Meet our expert partners.
Unique support model based on client dedicated teams
Enjoy personalized support from a local team dedicated to your success. With 1,350 dedicated team members, nearly 45 percent of our global workforce focuses on client services.
Client enablement
Leverage the Murex Center of Expertise to build and grow MX.3 knowledge anytime, anywhere. Learn more.
Murex has developed a dedicated partnership program to connect our buy-side clients with leading technology and data providers in the investment management ecosystem.
Our partner ecosystem comprises data vendors, trading platforms, middle-office solution providers and third-party software vendors to complement and enrich the MX.3 offer and to optimize the total cost of ownership of our solutions.
This dedicated partnership program offers buy-side institutions a specialized ecosystem with the cutting-edge technologies clients need to simplify operations, facilitate expansion to new regions and investment types and comply with regulatory requirements.
Meet our data partners.
Meet our trading partners.
Meet our middle-office partners.
Meet our pricing, analytics and optimization partners.
Murex helps capital markets players to scale and amplify MX.3 platform benefits with the power of the cloud.
For more information, visit our cloud page.
Insights #investmentmanagement
- Video
Murex Partnership Program Offers Buy Side Specialized Ecosystem Powered by MX.3 Openness
Watch the videoAbout Murex
Murex provides enterprise-wide, cross-asset financial technology solutions. Its MX.3 platform is engineered to meet evolving challenges. It supports trading, treasury, risk and post-trade operations to help clients meet regulatory requirements and to manage risk and IT costs. Murex has more than 60,000 daily users in over 60 countries. Murex supports diverse financial services clients, from banking and asset management to commodities and energy. Murex has over 3,000 team members across 19 locations who provide cutting-edge technology, superior customer service and unique product innovation.
