The offering provides clients with access to a full range of middle- and back-office services on a single platform, including confirmation, settlement, valuation services, collateral management, margin management, and access to Citi’s global clearing network.
New regulations and oversight are transforming the OTC derivatives market, adding levels of operational complexity and reporting requirements across the contract lifecycle.
The proposed offering addresses the need for a comprehensive OTC derivatives solution clients can use to navigate a rapidly changing regulatory and operational environment, featuring connectivity to all major execution venues and clearing houses, daily valuation services, margin and collateral optimization, and extensive reporting, said the company.
Citi global head of securities and fund services Neeraj Sahai said with OTC derivatives service, they have been able to harness the breadth of Citi’s in-house expertise and high-volume trading technology to help our clients increase efficiency and optimize assets.
