Citco claims organic US$1 trillion first
January 30, 2019

The Citco Group of Companies, a provider of asset servicing solutions to the global alternative investment industry, has this week announced that global assets under administration (AuA) have hit the US $1 trillion mark.

It says that an important footnote to this achievement is that the milestone was reached purely through organic growth, which it claims as an industry first amongst alternative asset service providers.

It adds that the growing drive to streamline operations is leading managers to outsource more functions, including: front office risk reporting, middle office treasury and collateral management, back office financial statements, and tax and regulatory reporting.

Simultaneously, growing diversification across asset classes, moves into hybrid strategies and the launch of a wide range of investment vehicles will continue to translate into growing complexities for fund administration.





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The Citco Group of Companies, a provider of asset servicing solutions to the global alternative investment industry, has this week announced that global assets under administration (AuA) have hit the US $1 trillion mark.

It says that an important footnote to this achievement is that the milestone was reached purely through organic growth, which it claims as an industry first amongst alternative asset service providers.

It adds that the growing drive to streamline operations is leading managers to outsource more functions, including: front office risk reporting, middle office treasury and collateral management, back office financial statements, and tax and regulatory reporting.

Simultaneously, growing diversification across asset classes, moves into hybrid strategies and the launch of a wide range of investment vehicles will continue to translate into growing complexities for fund administration.



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