Citi and State Street join FundGuard’s $40m Series B investment round
The investment management platform will use the injection of funds to bring on additional resources and identify new areas to expand its products and services.
The investment management platform will use the injection of funds to bring on additional resources and identify new areas to expand its products and services.
Additional $15m investment from Citi Ventures, Deutsche Börse Group and Mediant takes the Series B investment total to over $50m.
Bimal Kadikar spent some 20 years with Citi, becoming global head of prime finance, futures & OTC clearing technology, before setting up Transcend Street Solutions in 2013. He discusses with Global Custodian the challenge of optimising collateral use across the enterprise and integrating ESG criteria into collateral management.
New head of custody for North America at Citi brings over 20 years' experience, with the last five and a half spent with Deutsche Bank.
Extended partnership will enable Mirae Asset Global Investment to expand its products across both passive and active investment solutions.
Taskize’s user interface will provide Citi’s custody clients with a direct means to contact their operational counterparts, replacing email.
Former head of capital introduction and prime consulting at Credit Suisse joins up with Citi in EMEA role.
Initiative aims to provide mutual clients with seamless front-to-back experience as Citi joins growing list of custodians to partner with SimCorp.
Custodian has invested heavily in its Asia middle-office outsourcing solution in Australia, Malaysia, India, and Singapore, and now announces industry-first in Philippines.
The initiative will see an integration with Citi’s Velocity Clarity data platform as the bank looks to a new data solution to streamline processes and reduce costs.