Amit Agarwal | ||
When we talk about post-trade services, we typically think of traditional, core finance that sits at the opposite end of the spectrum from deal making and technological innovation. As geopolitics become increasingly complex, and as new and transformative technologies come to the fore, I am often asked whether post-trade services can remain relevant? The answer is not only yes, but that post-trade services, and specifically custody remains the cornerstone to business growth both now and for the future.
At Citi, we are deeply committed to our vision for the future of custody; a vision of shared growth focused on enabling our clients’ businesses as they push forward with their own ambitions. As the world of post-trade continues to advance, this vision is relevant and worthy of investment, perhaps more than ever.
Change is multifaceted. It can mean growing complexity and uncertainty, or it can also bring about new opportunities. For example, in today’s fast-moving markets, speed and precision are essential for asset servicing, which is why we are focused on delivering meaningful data in real time so that clients can make the best decisions about corporate actions and capital utilization in the shortest possible time.
The advancement of digital asset technology and the rise of digitally native clients and networks have created opportunities in this space to streamline access across both traditional and digital networks. As digital assets become more commonplace, we are committed to providing digital asset custody solutions to empower our clients to capitalize on the future.
Citi is set up to ensure that we are agile and ready to embrace future digital transformation. We are bringing together our ecosystem of products and services across our network to deliver end-to-end custody solutions that have a greater impact for our clients. We are modernizing our platforms and technology infrastructure to ensure our clients are closer to the market. We are the first port of call for clients to navigate change.
As you can sense, we have real momentum at Citi – momentum that is delivering change today while defining our approach to making a difference in the future. I look forward to continuing to share our journey with you and sharing our updates on the future of custody, and what’s most topical for the industry and our clients.