Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Citi Swoops into Money Market Monitoring Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, May 24, 2010

Citi Swoops into Money Market Monitoring

Reported by Daniel Tovrov

Citi Global Transaction Services's investor services unit has launched new offerings to help its mutual fund clients comply the new money market regulations from the SEC. The service will help firms with the amended reporting and disclosure requirements and will assist with monitoring liquidity, maturity and credit quality limits.

"Citi’s expanded suite of money market capabilities will enable our clients to respond swiftly and thoroughly to the required regulations without additional resources or infrastructure investments," stated Bob Wallace, North America head of Citi’s Securities and Fund Services.

Citi has also enhanced its monitoring capabilities for the new weighted average maturity limits. The offering makes daily and weekly liquid asset level measurements and tests the weighed average life of the money market portfolio. Citi also supports the stress test requirement and has analytical tools that make judgments based on particular hypothetical events.

State Street and BNY Mellon have both come out with services for the new money market regulations this month as well. BNY Mellon is running the stress tests for all six of ING Fund's money market products. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use