Thomas Murray provides tailored support to clients exposed to European fund regulation such as AIFMD and UCITS V. Over 40 depositary banks use our products and services to monitor transfer agents and other post-trade entities, mitigating their counterparty risk exposure and that of their underlying clients. In addition, our industry-leading technology applications provide a platform for effective counterparty monitoring to banks and fund management companies.
AIFMD & UCITS V Compliance
We support European depositary banks in managing their counterparty risk exposure, as required by AIFMD and UCITS V. Depositary banks are liable under AIFMD/UCITS V for losses on assets held in custody, including fund units held on behalf of clients.
Thomas Murray provides risk assessments of central securities depositaries and central counterparties, as well as monitoring of global custodians, sub-custodians, prime brokers, CSDs and markets.
Transfer Agent Monitoring
Transfer agents represent a compliance risk that cannot be managed through a direct contractual relationship.
Thomas Murray monitors over 950 transfer agents across 50 markets, tracking our clients’ exposure and identifying areas of high risk.
Prime Broker Monitoring
Regulatory requirements under AIFMD oblige depositary banks to monitor their delegates that hold clients’ assets in custody. This service, created with industry consensus, applies a proprietary methodology to assess the risk that each prime broker poses overall and in four categories: financial, asset safety, asset servicing, and operational.
Management Company Solution
Management companies are obliged to perform initial and ongoing due diligence over delegated activities such as fund administration, accountancy and distribution; this is mandated in Luxembourg by CSSF circular 18/698.
SupplierSelect – our dedicated counterparty monitoring platform – empowers clients to draft and issue complex questionnaires and to assess and benchmark responses through its embedded analytical tools.
If you would like more information on our Regulatory Solutions products please contact David Dickinson
David Dickinson Head of Client Relationship Management Tel: +44 (0) 20 8600 2310
Click any of the links below to learn more about each relevant service or contact us to discuss your regulatory compliance needs in more detail.
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.