Citi’s enhances IBOR data delivery service for middle-office clients
Citi has been looking to provide tools for clients to access their own data in real-time across multiple trading lifecycles.
Citi has been looking to provide tools for clients to access their own data in real-time across multiple trading lifecycles.
New client dashboards to provide greater transparency into workflows and metrics.
Over the past year, Northern Trust has expanded its middle-office services to several high-profile hedge fund clients.
The US bank had also hired a new global head of middle-office strategy, as part of a push to expand its middle-office coverage and capabilities.
Expansion of its middle-office capabilities has become a key point of focus for JP Morgan’s securities services strategy.
As fund administrators win new mandates that cover multiple jurisdictions and asset classes, they will have to build up new risk management reporting tools.
SS&C has signed on a number of leading buy-side firms and financial institutions to its various automated middle- and back-office platforms.
The high-profile mandate is the latest for Northern Trust’s hedge fund services division, following the launch of new technology products for its hedge fund clients.
The acquisition is an extension of MUFG Investor Services’ partnership it signed with Point Nine last year.