Citi's OpenLend Rated Number One Securities Lender for Emerging Markets Capability and Breadth of Su
Citi's OpenLend Rated Number One Securities Lender for Emerging Markets Capability and Breadth of Supply in the Annual Survey
NEW YORK--(BUSINESS WIRE)-- Citi's OpenLend has been rated Number One for Emerging Markets Securities Lending Capability for the fourth straight yearand Number One for Emerging Markets Securities Lending Breadth of Supply for the second consecutive year in the Global Investor/ISF annual Equity Lending Survey. Citi also received the Number One ranking in Regional Lending in the Americas and Asia Pacific as well as a Number One ranking for Stability of Supply and Coordination between Internal Desks.
"We are extremely pleased with our strong ratings as they validate our standing in the industry and our superior securities lending service offering. This year's results continue to reinforce our commitment to expanding our product offering in the emerging markets and providing a diverse pool of supply to the borrower community." said David Martocci, Global Head of Securities Finance, Citi. "OpenLend's innovative trading strategies and ability to optimally leverage our regional trading desks are the key features to delivering successful programs for our clients."
As part of a suite of investment services delivered through Citi OpenInvestor SM, OpenLend SM is an award-winning, open architecture securities lending solution that leverages Citi's global presence and robust risk management controls to help clients achieve their performance objectives.
The Global Investor/ISF Equity Lending Survey, now in its 15th year, measures perceptions of the quality of service provided by lenders to borrowers, and by borrowers to lenders. Citi was benchmarked against 12 peers in the equity lending space.
Citi OpenInvestorSM is the investment services solution for today's diversified investor that combines specialized expertise, comprehensive capabilities and the power of Citi's global network to help clients meet their performance objectives across asset classes, strategies and geographies. Citi OpenInvestor provides complete investment services for institutional, alternative and wealth managers through middle office, fund services, custody, investing and financing solutions that are focused on their specific challenges and customized to their individual needs.
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. Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://new.citi.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi
Nina Das, +1 (212) 816-9267
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