Treasury management

Comply with international and domestic GAAPs.  

MX.3 offers a multi-GAAP, multi-entity and multi-currency accounting ledger for trades and positions across derivatives and cash instruments. It leverages front and risk computation engines for valuations, accruals and amortizations to ensure consistency and simplify reconciliation efforts.  

Effectively hedge positions.

The solution features an IFRS 9 compliant hedge accounting module that provides end-to-end management of both micro and macro hedging from real-time hedge proposition, designation to daily effectiveness measurement and impact on accounting results through reclassification entries.

Gain a holistic view across the banking and trading books.

Corporate and retail activities can be integrated in MX.3. Treasurers have a complete view of the funding requirements and liquidity profile of the banking and trading business units in a single dashboard. They can manage fair value and accrual P&L in one system, monitor the risk and execute economic or accounting hedges. They can manage fair value and accrual P&L in one system, monitor the interest rate gap and execute economic or accounting hedges. 

Comply with evolving global and local regulations and standards.

Bank treasuries face enormous challenges as they cope with evolving standards and regulations. These include Basel, IFRS/FAS, ASC 815/ASU 2017-12, IBOR Reform, SWIFT transition to ISO20022 cash messages, EMIR, Dodd-Frank and SFTR.  

MX.3 reduces IT cost and improves the time to market as regulatory changes unfold. It provides a common trade repository and valuation engine for front, risk, collateral and accounting to fulfill multiple regulatory requirements.  

MX.3 helps control capital costs. It automates the entire calculation chain with the full data set to improve accuracy. Banks implement either standardized or internal models for market and credit risk to reduce capital costs (e.g., FRTB-IMA, SA-CVA, etc.).

Optimize profitability and risk management of your lending activity, manage your liabilities funding cost and trading cost of funds.

MX.3 offers a fund transfer pricing (FTP) framework integrating the bank's activities to our capital markets solution.  

It delivers seamless pricing, cost allocation and risks transfer. It facilitates proper risk management, transparency and governance.  

The solution also supports the computation and transfer of funding valuation adjustment (FVA) for derivatives transactions.

Combine and issue products with agility.

MX.3 offers pricing, trade capture and trade life cycle management in a versatile catalog of traditional and structured treasury products. The solution supports local and specific conventions across markets worldwide, including Islamic finance and Latin America particulars, among others.

MX.3's flexible structuring tool and adaptable configurations make it simple for end-users to extend coverage to additional structured products on the fly.

Drive business expansion.

MX.3 is a scalable, multi-entity platform. It enables treasury management for subsidiaries, special purpose vehicle (SPV) and branches either in a centralized or a decentralized model.  

The solution features a flexible global operating model that mirrors a financial institution’s entity structure with desks, books, portfolios or other hierarchical dimensions.  

It is powered by a robust, high-volume infrastructure with a global real-time operating model.

Expand funding choices.  

MX.3 empowers funding and issuance desks to run their short- and long-term funding activities.  

Short-term funding desks have tools to book and manage deposits, commercial papers, certificate of deposits, repos, reverse repos and more.  

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.  

Make informed real-time decisions.

MX.3's dashboards offer treasurers a bird's-eye view of liquidity ladders, liquid asset buffers and cash and securities inventory to aid secured and unsecured funding decisions.

Funding desks can perform further analysis by drilling down to the currency, security or trade-level information. 

Facilitate bank liquidity risk analysis, control and reporting.

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.

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. It facilitates the optimization of HQLA buffers and enables compliance check.

Facilitate bank liquidity risk analysis, control and reporting.

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.

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. It facilitates the optimization of HQLA buffers and enables compliance check.

Manage market risk for trading and banking books in one system.

The MX.3 enterprise market risk solution provides a complete view of risks across the organization.  

It offers real-time dashboards to monitor repricing gaps, rates and currency exposures (e.g., DV01 and OAS) for trading and banking book products.  

The solution supports historical value at risk (VAR), expected shortfall, stress testing and profit and loss explanations.  

MX.3 achieves Fundamental Review of the Trading Book (FRTB) compliance. It proposes solutions for both the standardized approach, FRTB-SA, and the internal model approach, FRTB-IMA. 

Monitor exposure in real time and pre-deal.

MX.3 offers an enterprise-wide solution for global credit risk management. It covers a wide range of analytical exposures, including pre-settlement, lending, ​issuer,​ country​ and​ concentration ​risks.  

Its powerful Monte Carlo engine simulates counterparty credit risk measures. These include potential future exposure (PFE) and expected exposure (EE).  

All exposures can be checked against limits pre-trade and in real time to optimize decisions and reduce operational risk.

Optimize profitability and risk management of your lending activity, manage your liabilities funding cost and trading cost of funds.

MX.3 offers a fund transfer pricing (FTP) framework integrating the bank's activities to our capital markets solution.  

It delivers seamless pricing, cost allocation and risks transfer. It facilitates proper risk management, transparency and governance.  

The solution also supports the computation and transfer of funding valuation adjustment (FVA) for derivatives transactions.

Centralize risk control.

MX.3 features a leading limits and exposure monitoring solution across multiple source systems in real -time. It interacts with third-party deal capture systems. The solution covers the range of exposures for market, credit, liquidity and operational risks across trading, banking and investment books. The risk controller benefits from real-time position insights with the ability to take effective actions immediately. These include limit suspension, trade hedging or blocking contracts breaching limits. Central management enables consistent and efficient monitoring of intraday limit usage. Limits can be temporarily increased, or the limit line can be reallocated across business units and desks.

Retrospective dashboards summarize excess causes and resolution time and keep top management informed.

Comply with evolving global and local regulations and standards.

Bank treasuries face enormous challenges as they cope with evolving standards and regulations. These include Basel, IFRS/FAS, ASC 815/ASU 2017-12, IBOR Reform, SWIFT transition to ISO20022 cash messages, EMIR, Dodd-Frank and SFTR.  

MX.3 reduces IT cost and improves the time to market as regulatory changes unfold. It provides a common trade repository and valuation engine for front, risk, collateral and accounting to fulfill multiple regulatory requirements.  

MX.3 helps control capital costs. It automates the entire calculation chain with the full data set to improve accuracy. Banks implement either standardized or internal models for market and credit risk to reduce capital costs (e.g., FRTB-IMA, SA-CVA, etc.).

Combine and issue products with agility.

MX.3 offers pricing, trade capture and trade life cycle management in a versatile catalog of traditional and structured treasury products. The solution supports local and specific conventions across markets worldwide, including Islamic finance and Latin America particulars, among others.

MX.3's flexible structuring tool and adaptable configurations make it simple for end-users to extend coverage to additional structured products on the fly.

Eliminate manual processes and increase straight-through processing rates.  

MX.3 offers a genuine end-to-end trade life cycle management with a high-performing straight-trough processing (STP) framework. MX.3 maximizes STP, decreases operational risk, and enhances operational control.  

The solution’s powerful workflow framework for trade, settlement and confirmation processes produces extremely high level of automation along the entire value chain.  

MX.3’s fully integrating platform model enables streamlined collaboration across all departments. It eliminates unnecessary reconciliation between the front and back offices. Out-of-the-box connectivity to reconciliation tools facilitates cash, security position and collateral exposure reconciliation.  

The solution enables bank-wide monitoring of nostro balances in real time. It facilitates the transfer of funds between accounts through manual or automatic procedures.  

Drive business expansion.

MX.3 is a scalable, multi-entity platform. It enables treasury management for subsidiaries, special purpose vehicle (SPV) and branches either in a centralized or a decentralized model.  

The solution features a flexible global operating model that mirrors a financial institution’s entity structure with desks, books, portfolios or other hierarchical dimensions.  

It is powered by a robust, high-volume infrastructure with a global real-time operating model.

Centralize collateral management enterprise-wide.  

MX.3 offers margining, regulatory compliance and collateral trading for all asset classes: bilateral or cleared OTC, repo or securities lending, and exchange traded derivatives products. This includes calculation of bilateral BCBS/IOSCO WGMR margin rules.  

The solution features an automated framework for collateral processing that covers margining, allocation, dispute, substitution, cash and securities settlement, and accounting. It covers standard agreements such as CSA, CSD, SCSA, GMRA and GMSLA. It supports cash and security pools, pool and trade-level margining and triparty profiles.

Combine and issue products with agility.

MX.3 offers pricing, trade capture and trade life cycle management in a versatile catalog of traditional and structured treasury products. The solution supports local and specific conventions across markets worldwide, including Islamic finance and Latin America particulars, among others.

MX.3's flexible structuring tool and adaptable configurations make it simple for end-users to extend coverage to additional structured products on the fly.

Drive business expansion.

MX.3 is a scalable, multi-entity platform. It enables treasury management for subsidiaries, special purpose vehicle (SPV) and branches either in a centralized or a decentralized model.  

The solution features a flexible global operating model that mirrors a financial institution’s entity structure with desks, books, portfolios or other hierarchical dimensions.  

It is powered by a robust, high-volume infrastructure with a global real-time operating model.

Gain a holistic view across the banking and trading books.

Corporate and retail activities can be integrated in MX.3. Treasurers have a complete view of the funding requirements and liquidity profile of the banking and trading business units in a single dashboard. They can manage fair value and accrual P&L in one system, monitor the risk and execute economic or accounting hedges. They can manage fair value and accrual P&L in one system, monitor the interest rate gap and execute economic or accounting hedges. 

Seamlessly connect in batch and real time.

MX.3 is at the heart of the bank’s IT infrastructure, connecting seamlessly with existing systems (e.g., core banking, data warehouse, general ledger, etc.) and the wider capital markets ecosystem.  

The solution provides access to denormalized data via its powerful business intelligence tool or through APIs and batch extractions to downstream systems.  

MX.3 interfaces with market and reference data providers, multi- and single-dealer platforms, affirmation and clearing, repo management, collateral, settlement and transaction regulatory reporting.

Select a preferred infrastructure option.  

MX.3 can be deployed on-premises or on the cloud. Clients can opt for a fully managed SaaS approach on a private or public cloud.  

Multiple relational database management systems (RDBMS) choices are available between Microsoft SQL Server, SAP ASE or Oracle.  

Eliminate manual processes and increase straight-through processing rates.  

MX.3 offers a genuine end-to-end trade life cycle management with a high-performing straight-trough processing (STP) framework. MX.3 maximizes STP, decreases operational risk, and enhances operational control.  

The solution’s powerful workflow framework for trade, settlement and confirmation processes produces extremely high level of automation along the entire value chain.  

MX.3’s fully integrating platform model enables streamlined collaboration across all departments. It eliminates unnecessary reconciliation between the front and back offices. Out-of-the-box connectivity to reconciliation tools facilitates cash, security position and collateral exposure reconciliation.  

The solution enables bank-wide monitoring of nostro balances in real time. It facilitates the transfer of funds between accounts through manual or automatic procedures.  

Comply with international and domestic GAAPs.  

MX.3 offers a multi-GAAP, multi-entity and multi-currency accounting ledger for trades and positions across derivatives and cash instruments. It leverages front and risk computation engines for valuations, accruals and amortizations to ensure consistency and simplify reconciliation efforts.  

Effectively hedge positions.

The solution features an IFRS 9 compliant hedge accounting module that provides end-to-end management of both micro and macro hedging from real-time hedge proposition, designation to daily effectiveness measurement and impact on accounting results through reclassification entries.