Citi UK Fiduciary Services (CIP), part of the Global Transaction Services business, has been recognised in the annual R&M trustee and depositary survey as the UK funds industry top performing trustee and depositary with clients that have assets in excess of 1 billion.
The survey, conducted by R&M, a specialist in providing market research to financial institutions, consisted of a questionnaire looking at 29 different aspects of service provided and a scoring system of 1 (low) to 10 (high). CIP recorded an impressive average score of 8.70 out of 10 to secure the leading position.
We have a client-centric business that has delivered strong, consistent growth, says Andrew Gelb, head of securities and fund services, Europe, Middle East and Africa, Citi. The results of this survey not only reflect the continuing drive by Citi UK Fiduciary Services in enhancing its product offering, but that Citi continues to lead the industry in delivering best-in-class capabilities, service and innovation for our clients.
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