Citi Recognized for Industry Leadership and Innovation in Investment Services to the World’s Leading Asset Managers
Awards highlight specialized expertise, local on the ground network in over 100 countries and comprehensive range of services
New York - December 9, 2011 – Citi today announced that it has been recognized for industry leadership and innovation in investment services with eight awards from several prestigious publications. The awards recognize Citi’s extensive experience to address the specific challenges of global investors and its ability to tap the intellectual capital of Citi’s local network to help clients deepen their insight, extend their reach and expand their business.
Citi was named:
- Most Innovative at Providing Custody Services to Asset Managers by AiCIO and European Custodian of the Year by Funds Europe
- Securities Services Provider of the Year, Securities Lender of the Year, Client Relationship Manager of the Year, Mutual Fund Administrator of the Year and South Europe Regional Sub-custodian in Europe by ICFA
- Best Institutional Fund of Hedge Fund Provider by Hedge Funds Revie
Asset managers are facing investor demands for greater transparency, heightened regulatory scrutiny and a changing competitive environment. Citi helps managers address these new challenges with investment service solutions that combine specialized expertise, comprehensive capabilities and the power of Citi’s global network to help clients meet their performance objectives across asset classes, strategies and geographies. Citi’s complete investment services offering for institutional and alternative managers includes middle office, fund administration, global custody, and investing and financing solutions that are focused on clients’ specific challenges and customized to their individual needs.
"We are thrilled to have been recognized for innovation and leadership from our colleagues and peers across the industry," said Neeraj Sahai, Global Head of Securities and Fund Services, Citi. "These awards clearly demonstrate the growing awareness of how our capabilities enable investors to build more efficient, informed and effective investment processes."
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 $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.
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.
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