Citi has rolled out a number of new features to its online big data and analytics platform, Citi Velocity Clarity, for its custody and fund services clients.
The new services include an enhanced user interface, customised reporting capabilities, and new application programming interface (API) and data transfer tools.
The platform will also incorporate data from prime finance and plans to include data from its FX business throughout the year.
“As a pilot user of Clarity, we’ve been very pleased with the interactive nature of the platform and the additional flexibility that it has given us to swiftly interrogate and interpret data,” said Dan Hadden, fund accounting oversight manager, Old Mutual Global Investors.
“The development pipeline is very promising and we believe that the platform will ultimately prove to be a very powerful tool.”
Citi launched Velocity Clarity in June last year with the aim to consolidate data across its custody and fund services business, as well as data from its clients and other third-party vendors. It has since expanded the platform to some of its investor services division.
“We are pleased to announce these exciting new enhancements as a continued demonstration of our ongoing investment and commitment to Citi’s Custody and Fund Service offering globally,” added Sanjiv Sawhney, global head of custody and fund services, Citi.