Back Office & Operations

Citi unveils new hedge fund operating platform

by

Citi Investor Services has rolled out a new global operating platform specifically for hedge funds. The platform aims to offer the firm's administration clients a fully-integrated infrastructure spanning the entire operating life cycle of a hedge fund, from receipt of trade to daily operations, calculation of NAV through to the generation of investor statements.

The platform will establish standardised applications and processes across each region to ensure accuracy, transparency and consistency. It also provides support for all investment products, strategies and instruments, and the firm considers it to be especially adept at valuing complex securities.

It will also incorporate