Citi
Introduction to cooperation
Citi primarily uses the CTS system to settle transactions and instructions implemented via the CSD, to maintain records of received instructions and completed transactions involving securities, to create accounting records, to monitor open securities positions and to maintain the bank’s own portfolio using the defined methodology.
CTS also provides Citi with clearing agent support services. Together with the arrival of the new MiFID II European directive, the CTS system was customised to fully adapt to Citi's internal processes with respect to these fundamental regulatory changes in providing investment services.
We’ve cooperated with CTS TRADE IT for more than 10 years and we have always been able to rely on their high quality and timely delivery on commitments. The CTS system is an integral part of the portfolio of applications we use to provide services in investment banking. CTS TRADE IT's representatives have always accommodated us in meeting our needs and all dealings are conducted at a professional level.
Read our case study
CTS implementation at Slovenská sporiteľňa
CTS implementation resulted in a reduction in operating costs for the treasury department thanks to higher quality IT support for securities trading processes on both domestic and foreign stock exchanges and a more effective connection to the central securities depository in Slovakia, including direct support for the sales of treasury products in the bank’s branch network
