Citi Increases Connectivity Options for Corporate Clients

New functionality offers greater convenience and improved user experience.

Dubai - September 17, 2013 – Citi's Treasury and Trade Solutions announces product enhancement as part of a coordinated effort across its channel solutions to provide an "any channel" approach to integration. The new standardized file import functionality provides clients with a greater diversity of integration options thus delivering increased flexibility and convenience to in exchanging messages and files.

This new enhancement continues Citi's commitment to a superior client experience for connectivity and integration - and enables Citi's institutional e-banking platform, CitiDirect Banking Evolution (BE) to accept ISO XML files - a true global EDI standard that improves integration with many ERP systems and treasury workstations to deliver payment instructions.

Delivering an additional connectivity option to CitiConnect, Citi's premier connectivity solution, this enhancement provides clients with the flexibility to choose the right delivery channel based on their integration needs and system capabilities. "We are extremely pleased to offer this enhanced capability to clients," said Hubert JP Jolly, Global Head of Channel and Enterprises Services at Citi's Treasury and Trade Solutions. "It offers the interoperability and a choice that clients want and need, helping them gain more efficiencies and ease of use."

"The option to use CitiDirect BE File Import to upload our ISO XML files has helped us to accelerate our project with Citi." said Giancarlo Cicuttini, Treasurer at Brembo Group. "This allowed us to best leverage the existing capabilities of our payments system without having to create a new host-2-host interface to Citi."


About Citi Treasury and Trade Solutions
Citi Treasury and Trade Solutions (TTS) enables our clients' success by providing an integrated suite of innovative and tailored cash management and trade finance services to multinational corporations, financial institutions and public sector organizations across the globe. Based on the foundation of the industry's largest proprietary network with banking licenses in over 100 countries and globally integrated technology platforms, TTS continues to lead the way in offering the industry's most comprehensive range of digitally enabled treasury, trade and liquidity management solutions.

About Citi
Citi, the leading global bank, 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.

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