Citi Wins Awards for Asset Servicing at AsianInvestor’s Service Provider Awards 2011
Hong Kong - December 1, 2011 – Citi’s Securities and Fund Services, part of the Global Transaction Services division, has won three awards at AsianInvestor’s Service Provider Awards 2011 for:
- Best Outsourcing Services
- Best Direct Custody in China
- Best Direct Custody in India
Through its Securities and Fund Services business, Citi’s industry-focused experts provide investors worldwide with tailored solutions delivered through proven global platforms that feature modular, open architecture. With over $12.5 trillion of assets under custody and the industry’s largest proprietary network, clients can leverage Citi’s local market expertise and global reach to extract value across the entire investment value chain.
The award wins illustrate Citi’s growth and continued excellence in the asset servicing sector in Asia Pacific. The Best Direct Custody in China award was Citi’s third consecutive win for the category and the Best Direct Custody in India award was its second. The award for Best Outsourcing Services was won for the first time this year.
The AsianInvestor Service Provider awards are designed to recognize those that excel in their support of the buy-side in Asia Pacific. Entries were assessed by the editors of AsianInvestor through written pitches and face-to-face interviews.
David Russell, Regional Head, Asia Pacific, Securities and Fund Services, Citi, commented: "We are extremely proud to have won these prestigious awards and see this as recognition of the excellence of our asset servicing offering in Asia Pacific. We will continue to leverage our capabilities and experience to develop new and innovative products and services for our clients."
AsianInvestor is a monthly magazine dedicated to the asset management industry in Asia Pacific. The audience includes institutional investors, distributors of investment products, investment managers, and service providers.
Citi’s Global Transaction Services, a division of Citi’s Institutional Clients Group, offers integrated cash management, trade, and securities and fund services to multinational corporations, financial institutions and public sector organizations around the world. With a network that spans more than 100 countries, Citi’s Global Transaction Services supports over 65,000 clients
Citi, the leading global financial services company, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.
Additional information may be found at www.citigroup.com | Twitter: @CitiGTS | YouTube: www.youtube.com/citi | Blog: http://new.citi.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi
About Global Transaction Services
Global Transaction Services, a division of Citi’s Institutional Clients Group, offers integrated cash management, trade, and securities and fund services to multinational corporations, financial institutions and public sector organizations around the world. With a network that spans more than 100 countries, Citigroup’s Global Transaction Services supports over 65,000 clients. As of the third quarter of 2011, it held on average $365 billion in liability balances and $12.5 trillion in assets under custody.