Monitoreo de Bancos sub-custodios

Network Management teams are responsible for managing their banks’ global networks of agent banks. Understanding and monitoring these sub-custodians, who are engaged by Global Custodians to support clients’ foreign investments, is an operational, risk and regulatory requirement. Managing these complex global networks is time-consuming, costly and requires significant expertise – and was made no easier by the covid pandemic rendering on-the-ground due diligence impossible.

Eighty percent of Global Custodian banks partner with Thomas Murray to support their Network Management. Thomas Murray provides continuous support for Bank Network Management teams, assessing over 360 sub-custodian banks in 95 markets globally. The service assists banks in meeting regulatory (CASS, AIFMD, UCITS V), fiduciary, client and internal obligations. Our unique model enables banks to share the costs of this monitoring with other Thomas Murray clients.

All agent banks are subject to annual due diligence using the industry standard AFME Due Diligence questionnaire and supplemented by Thomas Murray’s key risk questions. Thomas Murray’s analysts perform on-site operational reviews to validate these responses, ensuring their accuracy and reliability.