The Risk
Institutional Investors appoint Global Custodians for their fund administration and accounting, settlements, and corporate actions across multiple assets classes: equities, bonds, cash, derivatives, hedge funds, real estate, and private equity. Global Custodians support investment across markets and appoint sub-custodians (agent banks) in markets where they do not have a presence. Choosing and reviewing global custody arrangements is a critical task that Institutional Funds undertake regularly, but opaque fee structures, lack of transparency and a disinclination to move assets can leave Funds underserved and over-charged.
The Solution
Thomas Murray's Fund Advisory team are experts in Securities Services. They carry out consulting engagements, benchmarking reviews and RFP processes for Asset Owners and Asset Managers to find the best possible global custody arrangements, and to ensure they are compliant with their counterparty evaluation, selection, and monitoring requirements.
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
5 Key Takeaways from a Deal Hacker: What PE Firms Should Look for When Doing Cyber Deal Due Diligence
Are your private equity deals safe from cybercriminals? The answer is very much ‘no’. Deals are being compromised, money is being lost, and reputations are being affected.
Why Cybersecurity Due Diligence is Critical to Deal Completion
It’s a common story: after months of meticulous financial, operational, and market analysis, a critical finding emerges in the final weeks before deal closure – threatening what seemed like a near-certain transaction with a three-month delay.
DORA Compliance Checklist: Practical Guidance for Q4 and 2026
Our structured, expert-led checklist, will help you to prioritise and demonstrate readiness to supervisors and regulators.
Ransomware at Europe’s Airports: Case for Community-Driven Third Party Risk Management
The recent ransomware attack on Collins Aerospace’s Muse software, which brought chaos to airports across Europe, serves as a stark reminder of a critical gap in how organisations approach Third Party Risk Management (TPRM).
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