Citi Expands ETF Servicing Capabilities in EMEA
Citigroup, Inc. (C)
Last citigroup, inc. earnings: 4/15 08:00 am
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citigroup.com/citi/investor/pres.htm
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Source: Business Wire
LONDON--(BUSINESS WIRE)-- Citi has expanded its ETF custody and fund services capabilities to include EMEA domiciled ETFs, following the successful buildout of its ETF Services platform in the US, Latin America and Asia. Citi’s core offering of ETF custody and fund services is supported by the firm’s Advanced Citi ETF System (ACES), a new state-of-the-art technology platform that enables Citi to fully automate the entire ETF life cycle, from basket creation to order processing and settlement, significantly reducing operational risk and processing time. “We are committed to establishing the premier presence within the ETF Servicing community, said Pervaiz Panjwani, EMEA Head of Custody and Fund Services. “ As ETF issuers and investors continuously require greater levels of efficiency, we are pleased to launch this comprehensive solution for European ETFs to help our clients navigate the challenges
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