Online subscription service providing a guide to local market rules for the trading, clearing and settlement of securities in over 100 capital markets worldwide
Thomas Murray has specialist knowledge and expertise of the global securities services industry and for fifteen years has continually sought to bring greater transparency to local capital markets' practices and procedures. Clients include many institutional investors, banks, and investment groups and the company's information products have been distributed to over 100 countries globally. MarketFlow is the platform through which Thomas Murray maintains and distributes its risk ratings, risk analysis, market data and surveillance products.
The success of the firm's information services has been based on Thomas Murray's ability to fill gaps in existing industry knowledge and assist groups to understand and manage their risk exposures to local market settlement and custody infrastructures throughout the world. There is clear acceptance in the investment industry that investors are exposed to custody risks as well as investment risk. MarketFlow meets the demand for information on these risks, which are not mitigated by their custodians or sub-custodian bank arrangements.
MarketFlow's research activities are focused on the local securities market settlement practices and infrastructures, e.g. clearing houses, CSDs, payment systems and banking/settlement arrangements. The functionality of MarketsSelect allows users to: access the latest market infrastructure risk ratings and analysis; access a history of daily surveillance flashes (which are emailed daily to subscribers); and use the site as a data extraction tool to prepare customised reports from the underlying information databases.
The data collection and validation processes undertaken by the firm comprise one of our key strengths and allow us to operate as a data consolidator, collecting and verifying information with other third parties to ensure that the products and output are correct. In this regard, our own on-the-ground due diligence programmes are complemented by support arrangements in place with over 200 global organisations.
Subscribers to the site will have access to information in three categories:
Capital Market Infrastructure Risk Ratings
Provides users with comparative risk assessments of local capital market settlement and custody infrastructures through the world. Maintained daily, the risk ratings (using the standard AAA through C rating scale) and supporting analysis provide summaries of local capital market post-execution risks.
Securities Market Information
Overall guides to local markets' rules, regulations, systems and procedures for the trading, clearing and settlement of securities. These also include our Custody and Settlement Infrastructure Risk Assessments.
Depository Service
The design, ownership and structure of over 147 CSDs across 96 countries has a major impact on the asset safety of investments held in domestic markets. Depository Service Risk Assessments and the information database provide analyses and data on the differing characteristics of CSDs worldwide.
|