
The Risk
Banks are increasingly required by investors to support investment in digital and tokenised assets. Some banks have made the decision to enter the digital asset class, while others have announced that they will not; many more have this on their ‘roadmap’ but are delaying due to lack of knowledge, low risk appetites and lack of institutional-grade providers in the market. The problem for many is knowing which of the many emerging digital asset service providers to work with.
The Solution
Digital asset risk should be limited to the success or failure of an instrument, not the operations and support investment. Thomas Murray has created the first operational risk solution focused exclusively on the servicing and safekeeping of digital assets. Launched in 2021, it provides banks and institutional investors – asset managers, hedge funds, asset owners and others – with the information and analysis they need to invest confidently in this growing asset class.
Thomas Murray provides trusted, independent validation of service providers, ensuring that their capabilities and operational safety are fully understood and satisfy investors’ requirements throughout the lifecycle.

We safeguard clients and their communities

Petroleum Development Oman Pension Fund
“Thomas Murray has been a very valuable partner in the selection process of our new custodian for Petroleum Development Oman Pension Fund.”

ATHEX
"Thomas Murray now plays a key role in helping us to detect and remediate issues in our security posture, and to quantify ATHEX's security performance to our directors and customers."

Northern Trust
“Thomas Murray provides Northern Trust with a range of RFP products, services and technology, delivering an efficient and cost-effective solution that frees our network managers up to focus on higher Value activities.”
Insights

Securities Clearing Center Company, Muqassa, Announces its Continued Compliance with the PFMI
Muqassa is pleased to announce its continued compliance with the PFMI following a review by Thomas Murray.

What Does the Situation in the Middle East Mean for CSDs?
The ongoing US/Israeli conflict with Iran, and the strikes across Israel and several Gulf states, have created uncertainty across Middle East Markets.

T+1 settlement: 2026 Overview
Expert analysis from Thomas Murray's Financial Market Infrastructure team of how the move to T+1 is affecting the world's markets.

Why Asset Owners and Allocators Need Modern, Automated ODD
Operational Due Diligence (ODD) is no longer a one-off point in time exercise - it should be an ongoing, structured process.
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