Case Study: National Commercial Bank achieves SA-CCR compliance and SAR 1bn capital release with Murex MX.3

Murex Solution Enables NCB to Meet Complex SA-CCR Requirements

The National Commercial Bank (NCB), one of the largest banks in the Pan-Arab region, faced the regulatory and operational challenge of complying with the Standardized Approach for Counterparty Credit Risk (SA-CCR) under Basel IV. NCB needed an automated, front-to-back solution to handle the increased data granularity, eliminate manual calculation steps, enable real-time pre-trade EAD checks for traders, and simplify IT architecture. After due diligence, NCB selected Murex and its MX.3 platform (MX.3 for SA-CCR) to meet these requirements.

Murex implemented MX.3 to integrate source data, automate SA-CCR calculations, provide real-time pre-trade “what-if” analytics and drill-down transparency to cash-flow level, and streamline onboarding of new products. The implementation reduced NCB’s risk-weighted assets by approximately SAR 7 billion (EUR 1.6 billion) and released about SAR 1 billion (EUR 227 million) in capital, while removing manual reconciliation steps and improving capital reporting and decision-making for the front office. Murex’s solution also enabled parallel jurisdictional calculations and broader front-to-risk consolidation toward a single treasury platform.

National Commercial Bank

Fahad Al Hunaiti

Senior Vice President