Helaba goes live on Murex鈥檚 MX.3 for Collateral Management
09 April 2026 Germany
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Helaba has gone live on the MX.3 for Collateral Management solution from Murex.
According to the firms, this is the latest milestone in a decades-long collaboration between the German financial institution and the global fintech firm, and will power an increased level of automation in collateral operations for the bank.
Helaba is a Landesbank, minority owned by the federal states of Hesse and Thuringia, and is part of the Sparkassen-Finanzgruppe, a public sector bank network that is the largest by assets in Germany and Europe.
Starting work with Murex in 1997, the bank completed migration to the MX.3 platform in 2023, which enabled the recent extension.
MX.3 for Collateral Management will deliver broad functional coverage, end-to-end management with high straight-through processing, and shared data across functions.
The implementation ensures strong regulatory compliance 鈥 including uncleared margin rules (UMR) and the International Swaps and Derivatives Association (ISDA), for which Murex is a certified vendor 鈥 and provides a simple, ergonomic user experience.
Leveraging data already available in Helaba鈥檚 existing MX.3 instance, the solution simplifies operations, reduces costs, and consolidates collateral management activities on a single platform.
Anja Schl眉tz, Helaba IT director, states: 鈥淔ollowing the implementation of MX.3 for Collateral Management with Murex, we are now operating with a stable and modern collateral management system that meets our strategic needs and sets a strong foundation for the future.
鈥淭his implementation underscores Helaba鈥檚 continuous uptake of leading technology. Helaba benefits from a stable and robust system that enhances operational efficiency and aligns with its collateral management strategy.鈥
Enabled by a deep, global pool of Murex expertise, MX.3 for Collateral Management positions Helaba to adapt efficiently to future market and regulatory developments.
Luc Testud, Central Europe managing director, Murex, says: 鈥淢urex experts devoted a wide breadth of organisational expertise developed over more than 100 collateral management solution implementations worldwide, including three in Germany, to this successful collaboration with Helaba.
鈥淭he bank has gained leading standard market practices with the flexibility to achieve customisations as and when needed.鈥
According to the firms, this is the latest milestone in a decades-long collaboration between the German financial institution and the global fintech firm, and will power an increased level of automation in collateral operations for the bank.
Helaba is a Landesbank, minority owned by the federal states of Hesse and Thuringia, and is part of the Sparkassen-Finanzgruppe, a public sector bank network that is the largest by assets in Germany and Europe.
Starting work with Murex in 1997, the bank completed migration to the MX.3 platform in 2023, which enabled the recent extension.
MX.3 for Collateral Management will deliver broad functional coverage, end-to-end management with high straight-through processing, and shared data across functions.
The implementation ensures strong regulatory compliance 鈥 including uncleared margin rules (UMR) and the International Swaps and Derivatives Association (ISDA), for which Murex is a certified vendor 鈥 and provides a simple, ergonomic user experience.
Leveraging data already available in Helaba鈥檚 existing MX.3 instance, the solution simplifies operations, reduces costs, and consolidates collateral management activities on a single platform.
Anja Schl眉tz, Helaba IT director, states: 鈥淔ollowing the implementation of MX.3 for Collateral Management with Murex, we are now operating with a stable and modern collateral management system that meets our strategic needs and sets a strong foundation for the future.
鈥淭his implementation underscores Helaba鈥檚 continuous uptake of leading technology. Helaba benefits from a stable and robust system that enhances operational efficiency and aligns with its collateral management strategy.鈥
Enabled by a deep, global pool of Murex expertise, MX.3 for Collateral Management positions Helaba to adapt efficiently to future market and regulatory developments.
Luc Testud, Central Europe managing director, Murex, says: 鈥淢urex experts devoted a wide breadth of organisational expertise developed over more than 100 collateral management solution implementations worldwide, including three in Germany, to this successful collaboration with Helaba.
鈥淭he bank has gained leading standard market practices with the flexibility to achieve customisations as and when needed.鈥
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