Citco launches record keeping and reporting team
10 June 2019 New York
Image: Shutterstock
The Citco Group (Citco) has launched Citco Institutional Services (CIS), an investment record keeping and reporting team to be headed by Nick Eisenlau.
Eisenlau, who will lead the development of the business, most recently served as Citco’s head of strategy and analytics, where he led the development and rollout of CitcoOne, the asset servicing web data analytics and visualisation platform.
CIS will work closely with Citco’s core operations teams, leveraging asset processing capabilities while offering new services optimised for pensions, endowments, outsourced chief investment officers and family offices.
CIS will offer verification of fund fees, across both open-end and close-end fund charges, including management, incentive and carry structures as well as delivery of standardised reports.
CIS will also provide a performance book of record so that investors can capture full transparency on their investments as well as outsourcing services for alternatives data capture and quality control to meet the growing complexity of multi-asset portfolios.
CIS’ performance reporting can be tiered based on client needs, including data services to other applications, reporting dashboards or interactive user analysis tools.
Roald Smeets, president of Citco, said: “Citco has serviced investor assets for 75 years. Institutional Services is a natural evolution of our core administration capabilities and will broaden our relationship with investors across the globe. We are thrilled to have such an experienced talent as Nick Eisenlau to drive the build-out of this offering.”
Eisenlau, who will lead the development of the business, most recently served as Citco’s head of strategy and analytics, where he led the development and rollout of CitcoOne, the asset servicing web data analytics and visualisation platform.
CIS will work closely with Citco’s core operations teams, leveraging asset processing capabilities while offering new services optimised for pensions, endowments, outsourced chief investment officers and family offices.
CIS will offer verification of fund fees, across both open-end and close-end fund charges, including management, incentive and carry structures as well as delivery of standardised reports.
CIS will also provide a performance book of record so that investors can capture full transparency on their investments as well as outsourcing services for alternatives data capture and quality control to meet the growing complexity of multi-asset portfolios.
CIS’ performance reporting can be tiered based on client needs, including data services to other applications, reporting dashboards or interactive user analysis tools.
Roald Smeets, president of Citco, said: “Citco has serviced investor assets for 75 years. Institutional Services is a natural evolution of our core administration capabilities and will broaden our relationship with investors across the globe. We are thrilled to have such an experienced talent as Nick Eisenlau to drive the build-out of this offering.”
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)