Global custodian banks exist to provide institutional investors such as pension funds, insurance companies, fund managers and sovereign wealth funds with custody and fund administration services. Sub-custodian banks exist to provide local custody, clearing and settlement services to global custodian and global investment banks, though many also have substantial domestic or regional global custody and fund administration franchises of their own.
Thomas Murray's products and services are used by both types of custodian bank to evaluate and benchmark their own performance against their peers and to highlight and distribute their capabilities to actual and potential clients, monitor custodial networks and identify and manage post-trade risks, especially those posed by the market infrastructure of CSDs and payment systems.
- Identification of gaps in operational performance
- Independent assessment of a bank's capabilities
- Monitors and benchmarks third-party service providers
- Facilitates compliance with regulations where the on-going monitoring of third party service providers is required
- Facilitates compliance with regulations where on-going monitoring of post-trade risks is required
- Ensures the selection or retention of "best fit" custody arrangements
Banco BPM, Bank of America Merrill Lynch, The Bank of New York Mellon, Banque de Luxembourg, Barclays Capital, BBVA, BNP Paribas Securities Services, Caceis Investor Services, Cecabank, Citigroup, Credit Suisse, Deutsche Bank, DWP Bank, Handelsbanken, Bank Hapoalim, HSBC, Itaú, JPMorgan, Morgan Stanley, Nomura, Nordea, Northern Trust, Pictet, Qatar National Bank (Q.P.S.C.), RBC Investor & Treasury Services, Santander, SEB, Société Générale, Standard Chartered, VP Bank.
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.