Perspectives 2019 2020 Public Sector

Citi Perspectives 83 David Walker Head of EMEA Public Sector, Citi Matthew Bax Equities and Securities Services Sales, Citi Sid Newby Equity and Securities Services Sales for Asset Owners, Citi Shivani Arora Market and Regulatory Intelligence, Citi Firms should ensure that they have the adequate capabilities in place: these include establishing internal guidelines for investments and related processes, monitoring adherence to these policies, maintaining data security, and reporting effectively. This will require analytics tools and collaboration between internal teams — across trading, operations and technology, risk and compliance, product management, and cybersecurity — and with service providers. Many service providers now offer compartmentalized oversight and risk management solutions for that are relatively straightforward to plug into the firm’s infrastructure. Internalizing investment management requires asset owners to establish the supporting operational processes, data strategy, talent and governance models. As their oversight responsibility increases, partnerships with service providers and vendors can help asset owners optimize their business models to realize the full benefits of insourcing. Asset owners need a partner that can support their firm of today, whilst providing strategic guidance for the future. At Citi, we have put asset owners at the center of our Markets and Securities Services business, providing the support and partnership that public sector asset owners need as they internalize investment management and adapt their business models for the future.