AIX selects Citi Kazakhstan for custody services
20 November 2019 Kazakhstan
Image: Shutterstock
Citibank Kazakhstan JSC has been selected as custodian of the Astana International Exchange Central Securities Depository (AIX CSD).
Citi will be offering settlement and safekeeping services for foreign securities trading at AIX.
Tim Bennett, CEO of AIX, commented: “AIX is excited to partner with Citi to support the growth of our business. The custodial relationship will support broadening our post-trade services and the introduction of new products.”
Andrey Kurilin, president of Citibank Kazakhstan JSC, added: “We at Citi are pleased to contribute our global custody expertise to the AIFC success. Our robust digital platform will help investors raise efficiency and reduce operational risks.”
Citi will be offering settlement and safekeeping services for foreign securities trading at AIX.
Tim Bennett, CEO of AIX, commented: “AIX is excited to partner with Citi to support the growth of our business. The custodial relationship will support broadening our post-trade services and the introduction of new products.”
Andrey Kurilin, president of Citibank Kazakhstan JSC, added: “We at Citi are pleased to contribute our global custody expertise to the AIFC success. Our robust digital platform will help investors raise efficiency and reduce operational risks.”
← Previous custody article
NT to provide global custody to House of Fraser Beatties & Jenners Pension Scheme
NT to provide global custody to House of Fraser Beatties & Jenners Pension Scheme
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
.jpg)