Thomas Murray helps our clients to achieve better compliance and risk management through its three divisions:
Data, Monitoring & Analytics captures, processes and analyses intra-day data from banks, financial market infrastructures and capital markets, as well as providing advisory services. Clients include custodian banks, cash banks and institutional investors.
Regulatory Solutions supports financial institutions exposed to European fund regulation such as AIFMD and UCITS V to mitigate their market and counterparty risk exposure. Clients include depositary banks, management companies, fund platforms and fund managers.
Technologies provides data management technology to major financial institutions to facilitate counterparty monitoring and risk management.
We are a team of c.100 analysts, consultants and technologists, based in London with a presence in the US, Canada, Colombia, Hong Kong and Australia. Thomas Murray people come from a variety of backgrounds, including rating agencies, investment banks, custodian banks, accounting firms, broker dealers and, of course, our graduates.
We are always looking for talented people to join our growing team and invite speculative applications from professionals and graduates alike.
THOMAS MURRAY FOUNDED
Building on the expertise of founders Simon Thomas and Simon Murray, the firm publishes the definitive book on the industry, ‘Global Securities Services – the Institutional Investors’ Guide’ and begins gathering market data and advising clients on global custodian selection.
SECURITIES MARKET INFORMATION PROFILES
The firm’s Securities Market Information Profiles begin life as paper publications covering all major investable markets with a consistent data template.
LAUNCH OF SUB-CUSTODIAN MONITORING
Thomas Murray develops its sub-custodian risk assessment methodologies and processes, well in advance of regulation, while monitoring sub-custodians on behalf of Bank of Bermuda; the service eventually grows into the Sub-Custodian Risk Assessment product with 180 assessments by 2002 and over 360 assessed entities today
FINANCIAL MARKET INFRASTRUCTURE RISK ASSESSMENTS DEVELOPED
Responding to the extended interpretation of Rule 17f-7 of the US Investment Company Act of 1940 and global custodians’ demand for risk assessments to pass to clients, the firm collaborates with industry to enhance its risk classifications and assessment methodologies covering central securities depositories and capital market infrastructures.
TECHNOLOGY PLATFORMS BUILT
Thomas Murray deploys the first generation of its proprietary data management and workflow applications MarketFlow and SupplierSelect for Financial Services, enhancing its ability to gather information and provide consistent analysis and monitoring of markets and financial institutions on a global scale.
FIRST PUBLIC GLOBAL CUSTODIAN & SUB-CUSTODIAN RISK ASSESSMENTS PUBLISHED
The firm begins publishing detailed public assessments of custody providers where it has been commissioned by an assessed entity to demonstrate its capabilities.
GLOBAL CUSTODIAN MONITORING SERVICE ESTABLISHED
The Custodian Monitoring suite of services encompasses fee benchmarking, foreign exchange transaction cost analysis, operational performance benchmarking, and reviews to ensure that contractual terms are in line with current best market practice.
THOMAS MURRAY’S PROPRIETARY SOFTWARE LICENSED FOR INDEPENDENT CLIENT USE
Bank and institutional investor clients start to adopt Thomas Murray’s proprietary software tools as white labelled web applications, recognising their fit and customisability for their own information management and risk assessment processes.
CASH MANAGEMENT SERVICES
Replicating its success with securities services, Thomas Murray works with old and new clients to roll out Cash & Treasury Market Profiles and Cash Correspondent Monitoring services.
CENTRAL COUNTERPARTY RISK ASSESSMENTS LAUNCHED
Central Counterparty risk assessments launched. Thomas Murray extends its risk assessments to the coverage of Central Counterparties, responding to the European Market Infrastructure Regulation and requirements for central clearing of trades.
PRIME BROKER AND TRANSFER AGENT ASSESSMENTS INTRODUCED
The firm begins risk assessments and monitoring of prime brokers and transfer agents to address requirements from the Alternative Investment Fund Managers Directive and Undertakings for Collective Investment in Transferable Securities V Directive for depositary banks to assume liability for downstream risks.
WRAPPED SOLUTION FOR DEPOSITARY BANKS INTRODUCED
Thomas Murray introduces its wrapped solution to address the risk monitoring needs of depositary banks, covering the assessment of global and sub-custodians, prime brokers, market asset safety risk, and transfer agents.
POST-TRADE RISK ANALYTICS DASHBOARDS RELEASED
Thomas Murray’s detailed post-trade risk assessments are applied for the first time directly to clients’ portfolios and trading volumes through interactive visual analytics dashboards, enabling them to quantify their post-trade risk exposures.
25TH ANNIVERSARY AND LAUNCH OF ENHANCED CASH CORRESPONDENT MONITORING SERVICE
Thomas Murray celebrates 25 years of expertise at the heart of the post-trade capital markets sector and applies its counterparty monitoring expertise to an expanded Cash Correspondent risk assessment and monitoring service. This managed service is based on a methodology and assessment questionnaire developed in partnership with industry leaders. It combines the risk assessment of snapshot representations from banks with Thomas Murray’s ongoing news monitoring and report updates.
Thomas Murray is the leading provider of data, risk assessments and analytics on global capital markets and financial counterparties.
Banks, funds and capital market institutions use Thomas Murray's products and services to supplement their internal resources, meet regulatory obligations and reduce costs.