MX.3 for Finance

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Overview

MX.3 for Finance is designed to help institutions manage these changes and control accounting in an efficient, cost-effective and compliant way. Leveraging the cross-asset, modular functionality of the MX.3 platform, it helps simplify, automate and streamline your accounting processes.

The MX.3 Accounting Ledger functionality covers full life-cycle management. This includes intraday accounting journal, trial balance with manual adjustments, accounting period management, financial tracking and feed to General Ledger. It leverages front-office and risk calculation engines for valuations, accruals and amortizations. Benefit from reduced time-to-market with new product accounting coverage in one platform, offering the widest product range in the industry.

MX.3 for Hedge Accounting is an end-to-end solution covering micro and macro hedge accounting from trade booking to financial statements, giving you a full and transparent view of the accounting chain.

It includes functional coverage across fair value and cash flow designation, retrospective and prospective effectiveness measurement, reporting and accounting. It is built to easily connect with your existing systems and infrastructure, reducing implementation costs. Automated and fully integrated business processes, including trade management, risk calculation, reporting and sub-ledger solutions, reduce operational costs and increase efficiency.

Our Accounting solution facilitates compliance with international accounting standards on IFRS 9 / IAS 39, ASC 815 and IFRS 13 marginal CVA allocation, with simulated and analytical CVA / DVA natively computed in the MX.3 risk engine and posting of the marginal CVA allocation processed automatically in the accounting engine.

Control your capital usage and ensure compliance with MX.3 for Finance; a smart technology platform for new accounting standards.

Product/Service details

User Suitability (Capital Markets & Investment)
Trading firms