Citi Awarded Top Ranking in Global Investor/ISF Custody Survey
July 01 2016 - 4:00AM
Business Wire
Citi was the highest rated custodian globally in the latest
annual Custody Survey published by Global Investor/ISF magazine.
Regionally, Citi was ranked second in the Americas as well as in
Europe, the Middle East and Africa.
The survey’s results are based on feedback provided by asset
managers and banks who rated their custodians across 18 categories.
Citi achieved the highest average overall score by the weighted
methodology which attaches weight to the views of respondents based
on their assets under management. Respondents described Citi as
“best of breed for safety of custody assets”, praising the bank’s
“excellent client service and responsiveness,” as well as the
“great value” added by its “newer client network group”.
The awards were presented at a ceremony hosted by Global
Investor/ISF in London yesterday. Commenting on the achievement,
Sanjiv Sawhney, Global Head of Custody and Fund Services at Citi
said: “It’s a great honour to receive this prestigious industry
recognition for the second year in a row. As we continue to invest
in our custody platform globally, we are pleased our clients
recognize our commitment to providing industry-leading solutions
and customer service experience.”
With over $15 trillion of assets under custody and the
industry-leading proprietary network spanning 60 markets, Citi’s
custody business provides clients with in-depth local market
expertise, advanced processing technologies and a wide range of
fund services that can be tailored to meet clients’ needs.
###
Citi, the leading global bank, has approximately 200 million
customer accounts and does business in more than 160 countries and
jurisdictions. Citi provides consumers, corporations, governments
and institutions with a broad range of financial products and
services, including consumer banking and credit, corporate and
investment banking, securities brokerage, transaction services, and
wealth management.
Additional information may be found at http://www.citigroup.com
| Twitter: @Citi | YouTube: http://www.youtube.com/citi | Blog:
http://blog.citigroup.com/| Facebook: http://www.facebook.com/citi
| LinkedIn: www.linkedin.com/company/citi.
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