Back Office & Operations

Citi starts global operating platform for HFs

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Citigroup has announced that Citi Investor Services, part of the Global Transaction Services business, has launched a new global operating platform specifically for hedge funds. One of its aims will be to make life far more simple for the advent of the UCITS III hedge fund community.


Neeraj Sahai


As more and more investors wake up to the operational risks involved in hedge fund investing, a one-stop-shop of straight through processing on the fund administration side will become increasingly important. Now, many firms are the result of multiple mergers and often have a number of