Citi has upgraded its investment book of record (IBOR) data delivery service to support middle- office clients operating across multiple trading cycles.
The enhanced IBOR solution provides clients with positions, traded and settled cash, transactions, instrument master data, foreign exchange rates and cash forecast data-driven by regional valuations for listed and over-the-counter (OTC) assets.
The service also includes a historically correct IBOR solution which can integrate with existing performance and client reporting services.
Pervaiz Panjwani, head of custody and fund services for Europe, the Middle East and Africa, said: “The core strength of our offering is the richness of the data, the speed of delivery, and its flexibility to meet clients’ needs, while being order management system, custodian and fund accountant agnostic.”
Sanjiv Sawhney, global head of custody and fund services at Citi, commented: “As our global clients expand across markets and investment types, they operate in increasingly complex environments. Clients will look to partner with a provider that can solve complex problems, simplify their operations and support their growth.”
