Citi’s Global Transaction Services unit has launched a global technology platform specifically designed to service funds of hedge funds. To do this, Citi has entered into an agreement with youDevise to license its dedicated fund of hedge funds platform.
The new service, which integrates into Citi’s Global Operating Platform for Hedge Fund Services, enables Citi to provide a comprehensive suite of fund of hedge fund solutions through a single, seamless front-to-back online service.
YouDevise has developed an online platform used by fund of hedge funds and administrators for front, middle and back office management information. It will integrate