The CTS system was successfully extended to support investment products

17. May 2016

Raiffeisenbank's implementation of the CTS system has been successfully extended to support new investment products. These investment products were used by the former Citibank's retail clients.​ The Bank will allow investing into established mutual funds, investment certificates or into a unique FX deposit product, which provides an attractive yield on the deposited cash. The former Citibank's clients will be gradually switched to standard Raiffeisenbank contracts starting in May 2016. As the next phase, the bank plans to automate the whole process of order routing and cash transfer for the mutual funds orders.