1. What Are Capital Markets?
2. Primary vs Secondary Markets
3. Role of Banks, Brokers & Exchanges
4. Understanding Financial Instruments
5. Money Market vs Capital Market
6. Basics of Bonds, Equities & FX
7. What Are Derivatives?
8. Swaps, Forwards & Options Simplified
9. Margin & Collateral Basics
10. Mark-to-Market Explained
11. Introduction to Risk Management
12. Market Data & Fixings
13. Trading Lifecycle Overview
14. Role of Front, Middle & Back Office
15. Clearing and Settlement
16. Understanding Yield Curves
17. Discounting and Compounding
18. Regulatory Overview (MiFID, EMIR)
19. Role of Technology in Trading
20. Why Murex Exists – Solving Complexity
21. What Is Murex MX.3?
22. History and Evolution of Murex
23. Global Clients & Use Cases
24. MX.3 Modules Overview
25. Core Architecture Explained
26. MX.3 Data Model Overview
27. Environment Setup and Installation
28. Navigating the MX.3 Interface
29. Front-End Workspaces & Views
30. Core Terminologies (Trade, Deal, Workflow)
31. Introduction to Static Data
32. Market Data Handling in Murex
33. Trade Capture Basics
34. Pricing Concepts in MX.3
35. Simulations and Pricing Workflows
36. Workflow and Lifecycle Events
37. Reporting Overview
38. Security and Permissions
39. Role-Based Access Control
40. Performance Architecture and Caching
41. MX.3 Integration Ecosystem
42. Common User Roles and Profiles
43. System Health and Monitoring Overview
44. Common Errors and Troubleshooting
45. Section Review and Mini Case Study
46. Static Data Concepts
47. Managing Instruments
48. Counterparty Master Data
49. Legal Entity Management
50. Rate Curves & Curve Definitions
51. Calendars & Business Day Conventions
52. Market Data Sources
53. Reference Data Quality
54. Static Data Governance
55. Versioning Static Data
56. Securities & Identifiers (ISIN)
57. Currency & FX Definitions
58. Holiday Calendars in MX
59. Tenor Conventions
60. Loading Static Files (CSV/XML)
61. Static Data APIs
62. Data Mapping & Transformations
63. Reference Data for Derivatives
64. Configuration Reuse Patterns
65. Static Data Security
66. Managing Complex Instruments
67. Templates & Default Values
68. Static Data Backups
69. Static Data Reconciliation
70. Static Data Performance Tuning
71. FX Rate Sources
72. Credit Entities & Ratings
73. Index & Reference Data
74. Historical Static Data Management
75. Static Data in Workflows
76. Importing FpML for Static Data
77. MxML Static Data Patterns
78. Cross-Reference Tables
79. Business Metadata & Comments
80. Data Archival Strategies
81. Using Lookup Tables
82. Multi-tenant Static Data Concerns
83. Static Data Testing
84. Static Data Change Management
85. Data Lineage for Static Data
86. Static Data Automation
87. Common Pitfalls & Fixes
88. Static Data Case Study
89. Workshop: Build Reference Data
90. Quiz: Static Data
91. Section Review
92. Market Data Overview
93. Market Data Feed Architecture
94. Curve Construction Basics
95. Bootstrapping Yield Curves
96. Curve Instruments & Inputs
97. OIS vs LIBOR Considerations
98. Multi-curve Setup
99. Curve Interpolation Methods
100. FX Spot & Forward Curves
101. Volatility Surfaces
102. Surface Building Methods
103. Implied Volatility Handling
104. Market Data Storage Patterns
105. Tick Data & Time Series
106. Market Data Caching
107. Market Data Reloads
108. Market Data Reconciliation
109. Market Data Transformation Rules
110. Historical Market Data
111. Reference Market Data Providers
112. Handling Missing Data
113. Market Data Validation
114. Curve Shift & Scenarios
115. Stress Testing Market Data
116. Calibration Engines
117. Sensitivity to Curve Inputs
118. Market Data Governance
119. Market Data Automation
120. Integrating Market Data APIs
121. Real-time vs Snapshot Feeds
122. Latency Considerations
123. Using Bloomberg/Refinitiv
124. Synthetic Instrument Creation
125. Market Data in Pricing Engines
126. Surface Extrapolation Techniques
127. Market Data Troubleshooting
128. Workshop: Build Curve
129. Workshop: Vol Surface
130. Quiz: Market Data
131. Case Study: Calibration
132. Deployment Patterns for Market Data
133. Monitoring Market Data Pipelines
134. Market Data Security
135. Case Study: Reconciliation
136. Tips & Best Practices
137. Section Review
138. Trade Capture Basics
139. Deal vs Trade Concepts
140. Trade Types in MX
141. Front Office Entry Screens
142. Trade Validation Rules
143. Trade Enrichment
144. Capturing Complex Trades
145. Trade Templates
146. Trade Matching
147. Trade Amendments & Cancellations
148. Trade Workflows & States
149. Booking Best Practices
150. Trade Reporting
151. Audit Trails
152. Trade Serialisation (MxML/FpML)
153. Importing Trades via Files
154. Trade Lifecycle Events
155. Booking via API
156. Trade Enrichment Plugins
157. Matching and Confirmation
158. Trade Settlements
159. Trade Billing & Fees
160. Exception Handling
161. Trade Reconciliation
162. Trade Retention & Archival
163. Trade Data Lineage
164. Trade Load Performance
165. Handling Corporate Actions
166. Corporate Actions in MX
167. Workbench and Dashboards
168. Bulk Trade Operations
169. Trade Lifecycle Case Study
170. Workshop: Capture & Amend
171. Testing Trade Flows
172. Trade Security Considerations
173. Trade Authorisation & Roles
174. Trade Migration Patterns
175. Trade Error Diagnostics
176. Automation for High Volume
177. Trade Compression & Netting
178. Trade Enrichment Best Practices
179. Case Study: Trade Lifecycle
180. Quiz: Trade Capture
181. Review Exercises
182. Practical Lab
183. Section Review
184. Pricing Engine Overview
185. Pricing Model Types
186. Discounting Models
187. Volatility Models
188. Pricing Parameters
189. Using Market Data in Pricing
190. Calibration Processes
191. Greeks and Sensitivities
192. Mark-to-Market vs Mark-to-Model
193. Valuation Adjustments (XVA)
194. Pricing Overrides
195. Pricing Schedules & Jobs
196. Batch Valuation
197. Real-time Pricing
198. Intraday Revaluations
199. Pricing Performance Tuning
200. Pricing Logs & Audit
201. Model Risk Considerations
202. Scenario Pricing
203. Stress Pricing
204. Pricing Workflows
205. Pricing API
206. Handling Exotic Instruments
207. Greeks Calculation in MX
208. Pricing in Multi-currency
209. Calibration Validation
210. Pricing Case Study
211. Workshop: Configure Pricing
212. Workshop: Valuation Job
213. Instrument-Specific Pricing
214. Repo & Sec Lending Pricing
215. Commodity Pricing Considerations
216. Equity Derivative Pricing
217. Interest Rate Derivative Pricing
218. Credit Derivative Pricing
219. Pricing under Collateralization
220. Pricing Reconciliation
221. Pricing for Risk Reports
222. Real-world Pricing Examples
223. Quiz: Pricing & Valuation
224. Review Exercises
225. Practical Lab
226. Troubleshooting Pricing
227. Performance Improvements
228. Best Practices
229. Section Review
230. Risk Engine Overview
231. Market Risk Basics
232. VaR Concepts
233. Historical vs Parametric VaR
234. Stress Testing
235. Scenario Analysis
236. P&L Attribution
237. Risk Reports
238. Credit Risk Basics
239. Counterparty Credit Risk
240. CVA & DVA Overview
241. Collateral and Margining Impact
242. Exposure Calculations
243. Netting & Compression Effects
244. Position Limits
245. Regulatory Risk Metrics
246. Risk Data Feeds
247. Monte Carlo Simulations
248. Scenario Generation
249. Backtesting Risk Models
250. Risk Dashboards
251. Risk Alerts & Thresholds
252. Margin Requirements
253. Collateral Optimization
254. Sensitivity Analysis
255. Greeks in Risk Context
256. Intraday Risk Monitoring
257. Risk Model Governance
258. Regulatory Reporting
259. Model Validation
260. Risk Aggregation
261. Credit Exposure Reconciliation
262. Case Study: VaR Implementation
263. Workshop: Build Risk Report
264. Troubleshooting Risk Calculations
265. Performance Tuning for Risk
266. Best Practices
267. Quiz: Risk & Analytics
268. Review Exercises
269. Practical Lab
270. Integration with BI Tools
271. Risk Automation Patterns
272. Real-world Examples
273. Advanced Topics
274. Summary & Checklist
275. Section Review
276. Post-Trade Overview
277. Settlement Types
278. Payment Instructions
279. Custody & Settlement Systems
280. Clearing House Interfaces
281. Settlement Failures & Repairs
282. Reconciliation Processes
283. Corporate Actions Handling
284. Payment Netting
285. FX Settlement Lifecycle
286. STP (Straight Through Processing)
287. Settlement Notifications
288. Nostro/Vostro Reconciliation
289. Account Mapping
290. Batch Settlement Jobs
291. DVP / RVP Concepts
292. Trade Settlement Reporting
293. Exception Workflow for Settlements
294. Settlement SLA Monitoring
295. Operational Controls
296. Reconciliation Tools Integration
297. Data Matching Rules
298. Settlement Case Study
299. Workshop: Settlement Flow
300. Testing Settlements
301. Settlement Security
302. Settlement Performance
303. Automation for Settlement
304. Settlement Exceptions Demo
305. Reporting & Dashboards
306. Auditing Settlements
307. Cross-Border Settlements
308. Handling Corporate Actions in Settlement
309. Settlement Reconciliation Best Practices
310. Error Remediation Patterns
311. Regulatory Requirements
312. Third-party Integrations
313. Case Study: Settlement Failure
314. Quiz: Settlements
315. Review Exercises
316. Practical Lab
317. End-to-end Settlement Example
318. Troubleshooting
319. Section Summary
320. Section Review
321. Collateral Basics
322. Margining Concepts
323. CSA Agreements
324. Eligible Collateral Rules
325. Collateral Optimization
326. Haircuts & Valuation
327. Margin Calls Lifecycle
328. Substitution of Collateral
329. Rehypothecation Issues
330. Collateral Settlement
331. Collateral Reporting
332. Intraday Margining
333. Collateral Dispute Handling
334. Pledge vs Transfer
335. Collateral Analytics
336. Case Study: Margin Call
337. Workshop: Collateral Workflow
338. Collateral in MX.3 Configuration
339. Collateral Jobs & Scheduling
340. Exposure Calculation for Collateral
341. Integration with Custodians
342. Collateral Reconciliation
343. Collateral Optimization Strategies
344. Regulatory Collateral Requirements
345. SSAs & Tri-party Solutions
346. Backtesting Collateral Rules
347. Automation Examples
348. Collateral Dispute Resolution
349. Collateral Performance Tuning
350. Quiz: Collateral
351. Review Exercises
352. Practical Lab
353. Real-world Collateral Examples
354. Troubleshooting Collateral Issues
355. Best Practices
356. Summary & Checklist
357. Section Summary
358. Additional Reading
359. Case Studies
360. Section Review
361. Exercises
362. Mini Project
363. Deep Dive Topics
364. Final Quiz
365. Section Review
366. Integration Patterns Overview
367. MxML Basics
368. FpML & Trade Serialization
369. REST & SOAP APIs
370. Messaging Middleware (Kafka)
371. ETL for Trade Data
372. File-based Integrations
373. Real-time Streaming
374. Third-party Connectivity
375. Fix & Market Connectivity
376. Trade Confirmations
377. Trade Lifecycle Events Integration
378. Reference Data Synchronization
379. Market Data Integration
380. Settlement System Interfaces
381. Accounting & GL Feeds
382. Reporting Exports
383. Security & Encryption
384. Authentication & Authorization
385. API Rate Limiting
386. Integration Testing
387. Monitoring Integrations
388. Error Handling Strategies
389. Idempotency & Retry Patterns
390. Contract Testing
391. Performance Tuning for Integrations
392. Data Mapping Examples
393. Workshop: Build an API Integration
394. Case Study: Real-time Feed
395. Troubleshooting Integration Issues
396. Security Best Practices
397. Governance for Integrations
398. Automation & CI for Integration Code
399. Deployment Patterns
400. Integration Checklist
401. Quiz: Integrations
402. Review Exercises
403. Practical Lab
404. Advanced Integration Topics
405. Third-party Connectors
406. Message Replay & Recovery
407. Data Contracts
408. Monitoring & Alerts
409. Section Summary
410. Section Review
411. System Architecture Overview
412. Environments & Lifecycle
413. Installation Steps
414. Backup & Restore
415. High Availability
416. Scaling MX.3
417. Patching & Upgrades
418. User Management
419. Permissions & Roles
420. Job Scheduling & Orchestration
421. Monitoring & Health Checks
422. Logging Strategies
423. Alerting & Runbooks
424. Performance Tuning
425. Capacity Planning
426. Security Operations
427. Disaster Recovery Planning
428. Environment Promotion Patterns
429. Compliance & Auditing
430. Operational Playbooks
431. Automation for Admin Tasks
432. Data Archival Processes
433. Housekeeping Jobs
434. Debugging System Issues
435. Common Support Scenarios
436. Incident Management
437. Change Management
438. Runbook Examples
439. Capacity & Load Testing
440. Vendor Support Models
441. Licensing & Entitlements
442. Integrations Health Monitoring
443. Maintenance Windows
444. Automation: CI/CD pipelines
445. Environment Security Hardening
446. Hands-on: Admin Tasks
447. Troubleshooting: Common Failures
448. Operational KPIs
449. Case Study: Outage Recovery
450. Quiz: Administration
451. Review Exercises
452. Practical Lab
453. Best Practices Summary
454. Section Summary
455. Section Review
456. Advanced Configuration Patterns
457. Complex Instrument Handling
458. Model Calibration Challenges
459. Advanced Risk Analytics
460. Performance Optimization Patterns
461. Cross-Module Workflows
462. Automation & Scripting
463. API Extensions
464. Plugin Development
465. Advanced Integration Patterns
466. Custom Reporting Engines
467. Data Warehousing for MX
468. BI Integration & Dashboards
469. Machine Learning Use-cases
470. Advanced Monitoring & APM
471. SecOps & Hardening
472. Multi-region Deployments
473. GDPR & Data Privacy
474. Governance & Compliance Deep Dive
475. Project: End-to-End Implementation
476. Project: Migration Case Study
477. Project: Custom Integration
478. Capstone: Build a Trade Flow
479. Capstone: Risk Reporting
480. Certification Preparation
481. Interview Prep for MX Roles
482. Resume & CV Tips for Murex
483. Teaching & Mentoring Patterns
484. Running Internal Training
485. Consulting Best Practices
486. Pricing & Commercialization
487. Scaling Training For Teams
488. Continuous Learning Paths
489. Case Studies & Lessons Learned
490. Final Exam Practice
491. Final Project Submission
492. Grading & Feedback
493. Certificate Issuance
494. Post-course Support
495. Community & Forum Access
496. Continuing Education
497. Advanced Reading List
498. Final Capstone Review
499. Graduation Checklist
500. Program Wrap-up & Next Steps
Chapter 501 — Hands-On Project: FX Swap Trade Flow
A complete practical walkthrough of the FX Swap trade lifecycle—from trade capture to settlement—covering pricing, confirmation, risk checks, and P&L impact.
Chapter 502 — Hands-On Project: Collateral Margin Call Workflow
Step-by-step simulation of the full collateral workflow including exposure calculation, margin call generation, dispute handling, and reconciliation.
Chapter 503 — Capstone Project: End-to-End Trade Flow
A full end-to-end integrated trade processing project across Front Office, Risk, Operations, and Back Office, showcasing the complete lifecycle across systems.
Chapter 504 — Capstone Project: Trade-to-Risk Pipeline (PFE & Margining Outputs)
Build a full Trade-to-Risk pipeline generating PFE, exposure profiles, SIMM calculations, and margining outputs with reporting and monitoring.
Chapter 505 — Capstone Project: LNG Cargo Scheduling and Settlement Simulation
A real-world LNG trading scenario including cargo nomination, vessel scheduling, hedging, risk reporting, and settlement processing.
Chapter 506 — Capstone Project: Collateral Margin Call Automation
Automation of the complete collateral margining cycle including rules configuration, automated call creation, messaging, and workflow orchestration.