Nick Murphy, who up until recently was a data specialist for pricing and evaluations at ING Investment Management in the Netherlands, has departed the investment management firm to join EDM vendor Asset Control as a product owner in its Dutch office. Murphy, who was with ING for a total of seven years, last year, spoke at FIMA about the banning of the term “golden copy” at the firm and the evolving nature of data management solutions in the industry at large.
Murphy explained to delegates to the conference that the focus is now on maintaining centralised and standardised data for instruments, but it is also about meeting the requirements of the internal business users. One can therefore expect him to bring this hands on experience to bear in his new role at the EDM solution provider. During his time at ING Investment Management, Murphy was engaged in everything from development and project management for specific market data projects through to the proposal and management of strategic global solutions.
Prior to ING, he spent three years as a market data manager at ABN Amro Asset Management, during which time he delivered on a data project to support the firm’s deployed LatentZero and DST solutions. Before that, Murphy was market data manager at Commerzbank, supporting the firm’s market risk, credit risk and compliance departments.
At Commerzbank, he was also charged with assisting the IT department in rolling out the Asset Control system, which has since been extended via the recent deployment of the AC Plus platform. Commerzbank has been moving towards a more integrated data infrastructure over the last few years and the focus has been on integrating both the customer and internal data acquired as part of its takeover of Dresdner Bank back in 2008.
Murphy has also previously worked within the data management teams of German firm Bankgesellschaft Berlin, JPMorgan Investment Management and Chemical Bank.