When Nationwide embarked on a project to replace its legacy system with an enterprise-wide treasury platform for its Treasury team in the UK, a key area where it was looking for improvements was hedge accounting. This is the practice of accounting for an asset or portfolio of assets and their hedge(s) together to reduce the volatility in the income statement.
To find out more about this project, please read the full case study.
For more than 30 years, Murex has been providing enterprise-wide, cross-asset financial technology solutions to capital markets players. Its cross-function platform, MX.3, supports trading, treasury, risk and post-trade operations, enabling clients to better meet regulatory requirements, manage enterprise-wide risk, and control IT costs. With more than 57,000 daily users in 60+ countries, Murex has clients in many sectors, from banking and asset management to energy and commodities.
Murex is an independent company with over 2,400 employees across 18 countries. Murex is committed to providing cutting-edge technology, superior customer service, and unique product innovation.