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Citigroup's Asset Manager Solutions for SMAs Named 'Back-Office Solution of the Year' By The Banker Technology Awards 2005

Cited for innovation, customization and improved client efficiency, Citigroup Asset Manager Solutions for Separately Managed Accounts (SMAs) was named the "Back-Office Solution of the Year" by The Banker Technology Awards 2005. "The tale of legacy systems and manual processes is common across financial services but for asset managers, such operational inefficiencies are having a direct impact on business. Citigroup has built an end-to-end solution for the process from account opening to reconciliation . . . This is more convenient for clients and so genuinely assists their business." (Source: Banker Technology Awards, 2005)