Murdock manages the ERM offering as well as ARC Logics for Financial Services and the securities market
Paul Murdock has been named director of Consulting and Professionals Services for the U.S. securities market within Wolters Kluwer Financial Services’ Enterprise Risk Compliance business.
In this role, Murdock manages the company’s enterprise risk management (ERM) offering, ARC Logics for Financial Services, for the securities market. ARC Logics for Financial Services, which is also offered to banking and insurance organizations, incorporates compliance and regulatory intelligence with an ERM technology platform to help firms manage compliance and operational risks, as well as the audit function.
Additionally, Murdock is responsible for leading Wolters Kluwer Financial Services’ U.S. securities compliance consulting services. The consulting team helps securities firms manage policies and procedures, including drafting, finalizing and updating written supervisory procedures, compliance manuals and codes of ethics. The team also provides analysis, audit services and annual review of a firm’s current compliance practices to identify potential gaps.
Murdock has a comprehensive regulatory background, which includes serving as a senior manager at Ernst & Young LLP, where he led the Investment Management and Capital Markets regulatory practice group. He was also vice president within BlackRock, Inc.’s Law department management committee, establishing compliance policies and procedures. Earlier in his career Murdock was a principal consultant at PriceWaterhouseCoopers, LLP; director of Corporate Compliance at Prudential Insurance Company of America; and a senior compliance examiner at the National Association of Securities Dealers (NASD). He also founded MCG Consulting LLC, a provider of investment advisory services.
“As financial institutions face growing challenges in navigating the regulatory environment—particularly during this period of reform—our continued focus is to help them remain compliant and make smart decisions for their business,” said Todd Cooper, vice president and general manager of Wolters Kluwer Financial Services’ Enterprise Risk Compliance business. “Paul’s extensive background in securities compliance is a valuable asset to the securities firms we serve.”
Murdock received his M.S. in organization change management from The New School and his B.S. in marketing/finance from Syracuse University. He also has a Certificate in Portfolio Management from New York University.
About Wolters Kluwer Financial Services
Wolters Kluwer Financial Services provides best-in-class compliance, content, and technology solutions and services that help financial organizations manage risk and improve efficiency and effectiveness across their enterprise. The organization’s prominent brands include Bankers Systems, VMP® Mortgage Solutions, PCi, AppOne®, GainsKeeper®, Capital Changes, NILS, AuthenticWeb™ and Uniform Forms™.