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Prime Custody: Achieving Asset Protection & Operational Simplicity
Chart 5: Citi’s Prime Custody Offering
Citi’s Prime Custody offering also exceeds the geographic
reach of any competitor in this space, providing a truly global
solution that delivers to hedge funds and investment managers
the information they need in the local market time required
to realize their investment strategy. Citi Prime Finance
operates in more markets worldwide than any competitor.
This reach is matched and enhanced by Citi Securities and
Fund Services with the industry’s largest and most established
custodial network.
The fnal aspect of Citi’s offering is the provision of a smart
algorithm. This algorithm was designed to optimize the
Citi Prime Custody service from both a risk and fnancing
perspective to help our clients obtain the leverage they require
at an effcient price point.
Our smart asset selection algorithms take into account the
outstanding margin requirement on the Prime Finance account
and then fgure out what excess exists across both the Prime
Finance and Custody asset pools.
In addition to assessing the fnancing potential of assets, our
Prime Custody offering recognizes that an asset servicing
event is forthcoming and automatically sweeps back that asset
from the custody account so that the hedge fund or investment
manager can take full advantage of the Prime Broker’s longer
declaration window.