About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Briefs

Bank of Hangzhou Implements Murex’s FRTB Solution to Meet China’s New Regulatory Standards

Subscribe to our newsletter

The Bank of Hangzhou has expanded its use of Murex’s MX.3 platform by implementing the Fundamental Review of the Trading Book (FRTB) solution using the Standardized Approach (SA). This move ensures compliance with the updated market risk capital rules set by China’s National Financial Regulatory Administration (NFRA), which adopted Basel Committee guidelines in November 2023.

The bank initially deployed MX.3 in 2021 to manage capital markets activities across front-office, back-office, and risk functions. Following a detailed evaluation, the bank selected Murex’s preconfigured FRTB-SA solution to meet the January 2025 compliance deadline. The integration was completed in eight months, streamlining risk management processes and reducing manual reconciliation efforts.

Murex leveraged its experience from over 40 FRTB projects to assist in the implementation. The seamless integration of the FRTB solution with the existing MX.3 platform has enhanced the bank’s operational efficiency, improved model validation, and accelerated the launch of new products, positioning the bank for future growth in a more stringent regulatory environment.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: The future of market data – Harnessing cloud and AI for market data distribution and consumption

25 June 2025 10:00am ET | 3:00pm London | 4:00pm CET Duration: 50 Minutes Market data is the lifeblood of trading, but as data volumes grow and real-time demands increase, traditional approaches to distribution and consumption are being pushed to their limits. Cloud technology and AI-driven solutions are rapidly transforming how financial institutions manage, process,...

BLOG

Bloomberg Boosts MARS Coverage with New Climate Module and Expanded Derivatives Exposure Coverage

Risk management for multi-asset portfolios is becoming increasingly complex with tightening derivatives and climate-related disclosures all posing new challenges to market participants and investors. In response to these evolving needs, Bloomberg’s Multi-Asset Risk System (MARS) has introduced two significant enhancements: MARS Climate, a comprehensive solution for portfolio-level climate risk analysis, and expanded support for global...

EVENT

TradingTech Summit MENA

The inaugural TradingTech Summit MENA takes place in November and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions in the region.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...