Tue, Oct 6, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Citi enhances collateral management solution to create new efficiencies for asset managers

Monday, September 17, 2012
Opalesque Industry Update: Citi has enhanced OpenCollateralSM, its industry-leading collateral management solution, to provide asset managers with automated collateral position reconciliation via SWIFT. This new capability streamlines collateral management by creating standardization across funds and custodians, requiring fewer collateral accounts and reducing the number of collateral instructions.

Derivatives regulations are driving investors to improve both the capacity and the efficiency of their collateral management operations. “Now, with OpenCollateral, our clients can rely on us to manage collateral directly from their existing custody accounts,” said Rajen Shah, Global Head of Collateral Management, Citi Transaction Services. “Receiving this data directly from the custodian avoids the need for asset managers to be involved in instructing every collateral movement.”

A key step in achieving collateral efficiency is to make best use of fund assets as collateral. This is only possible if the collateral manager has full information from the custodian on held balances each day. “Our early-to-market solution provides better efficiency for investors by enabling them to concentrate all their unencumbered assets within their principal custody accounts,” continued Rajen Shah. “This new capability makes it even simpler for our clients to use our collateral management service across all their existing custody relationships.”

Citi offers complete margin processing and collateral administration to help clients improve collateral efficiency, manage counterparty risk and streamline their operations. In addition to its industry leading collateral management services, Citi offers a full suite of investor solutions through Citi OpenInvestorSM.

Citi OpenInvestor is the investment services solution for today’s diversified investor, combining specialized expertise, comprehensive capabilities and the power of Citi’s global network to help clients meet performance objectives across asset classes, strategies, and geographies. With award-winning service and unmatched scale, Citi provides complete investment services for institutional, alternative, and wealth managers delivering middle office, fund services, custody, investing and financing solutions focused on clients’ specific challenges, customized to their individual needs. For more information, please visit openinvestor.transactionservices.citi.com.


Press Release


What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. U.S. hedge funds prepare for worst finish this year since 2008[more]

    Komfie Manalo, Opalesque Asia: U.S.-focused hedge funds are preparing for their worst year since the 2008 global financial crisis, following a series of letdown including the market sell-off in August and the sell-off in healthcare and biotechnology sectors last month, reported

  2. Investing - AQR Capital and Renaissance Technologies raise stakes in Southwest Airlines[more]

    From Marketrealist.com: In the previous part of this series, we saw how institutional investors played Southwest Airlines (LUV) in 2Q15. Now let’s move on to the trades executed by key hedge funds in Southwest Airlines over the same period. … Most of the hedge funds that had significant exposu

  3. DoubleLine’s Jeffrey Gundlach warns of another round of market shakedown[more]

    Komfie Manalo, Opalesque Asia: DoubleLine Capital co-founder Jeffrey Gundlach is painting a bleak future as he warned that the U.S. equity market and other risk markets, such as high-yield "junk" bonds, are facing another round of selling pressure. Gundlach said in an interview with

  4. A hedge fund strategy that seems to have fizzled[more]

    From Gulfnews.com: The hedge fund strategy that has attracted the most money this year is on course to cause some of the biggest losses for investors, in the latest example of the dangers of going with the crowd. Institutions and individuals have piled an estimated $20 billion (Dh73 billion) into ma

  5. Hedge fund Barnegat survives September’s market selloff[more]

    Komfie Manalo, Opalesque Asia: Bob Treue’s $679 million Barnegat Fund proved resilient after another month of market letdown as the hedge fund gained 2.2% last month, bringing its year-to-date gains to 2.8%. Treue said in his monthly report to i