Citi Honored in 2014 Global Custodian OTC Derivatives Prime Brokerage Survey
NEW YORK--(BUSINESS WIRE)--Citi has received Roll of Honor recognition in six categories in the recently released Global Custodian 2014 OTC Derivatives Prime Brokerage Survey, the most such honors of any prime broker in the Survey. Global Custodian is the leading magazine covering the international securities services business.
“We are pleased to receive these outstanding recognitions by a top publication in our industry, particularly during a time of great change in the OTC derivative markets”
Citi received the highest number of responses overall and was named to the Roll of Honor in the following categories: Quality of Service and Personnel, Margining, Quality of Execution, Quality of Technology, Types of Derivatives Covered, Connectivity to Execution Venues.
“We are pleased to receive these outstanding recognitions by a top publication in our industry, particularly during a time of great change in the OTC derivative markets,” said Jerome Kemp, Global Head of Futures, Clearing and Collateral. “We thank our clients for their unwavering support, and are very pleased to receive their votes of confidence again this year.”
The Survey identifies excellence as perceived by prime broker clients, primarily hedge funds, banks and asset managers, in twelve core service categories. In each case two providers were identified for inclusion in the Roll of Honor. These awards reflect the breadth and depth of clients responding for particular providers as well as scores and comments received from those clients. The Survey results are based on hundreds of responses from around the world covering the performance of more than a dozen prime brokers who offer this kind of specialty service.
The full results including details of all Roll of Honor mentions and relevant facts concerning participants in the Survey are available at www.globalcustodian.com.
Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.
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