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
Why Summer is a Blind Spot in Private Equity Risk Oversight
Threat levels don't take annual leave. Why PE firms need continuous cyber oversight of portfolio companies, not seasonal assessment.
Why Cyber Risk Belongs in Operational Due Diligence
Cyber risk is still treated as an IT checkbox in operational due diligence. Here's why it needs to be a continuous monitoring signal.
Thomas Murray Publishes "Beneath the Asset: Cyber Risk and the Infrastructure Institutions Depend On"
Cyber risk has become the primary mechanism through which infrastructure failures reach institutional assets
Private Equity Cyber Risk Checklist
The PE Cyber Risk Checklist is a ten-step diagnostic for PE fund leadership, covering every stage from pre-deal surveillance to exit readiness.
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