Citi partners with Snowflake to refine data flows and transform post-trade processes
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.
Tag: Citi
Citi and Vistra support new Food Securities Fund
Citi to provide fund administration and depositary services while Vistra worked on the regulated fund structure setup in Luxembourg.
Citi hires derivatives expert for head of EMEA collateral services
The hire comes as custodians and buy-side firms rush to set up collateral management arrangements before the next phase of the uncleared margin rules.
Citi connects to ICE Clear Europe through newly expanded Baton network
With the Baton network, Citi will automate its collateral management as it becomes first FCM to connect to ICE Clear Europe.
Custody
Fireside Friday with… Citi’s Aashish Mishra
As markets across Asia-Pacific re-emerge from the COVID-19 crisis, Citi's head of direct clearing and custody, Aashish Misra, highlights what digitalisation initiatives will have the most impact on post-trade processes.
Nordea’s custody sales head to lead securities services for Citi in Finland
Hire follows deal between Nordea and Citi to recommend the Nordic bank’s existing sub-custody clients to appoint the US bank as their replacement provider after exiting the space.
Citi opens new branch at BIFC to expand post-trade operations in Korea
The US bank becomes one of the first international tenants at the BIFC, a landmark building that anchors Busan’s rapidly developing financial district.
Citi receives go-ahead to launch domestic custody business in China
Citi will be able to begin offering local custody services to China’s $19 trillion asset management market, which has been a long-term target for global custodians.
Citi realigns prime services sales leadership for the Americas amid team merger
Sales teams across prime finance and the futures, clearing and FX prime brokerage will be merged alongside the new appointment.
Citi wins fund services mandate from Income Partners in Hong Kong
Citi will provide transfer agency for the asset manager's first Northbound fund under the Hong Kong-China Mutual Recognition of Funds (MRF) scheme.