Citi is one of the world's leading global financial services companies, providing a broad range of financial products and services in more than 100 countries. Citi’s Prime Brokerage unit is built on a unified platform of comprehensive products and services offering state-of-the-art risk management and industry leading securities finance.

Citi’s Prime Brokerage unit has grown considerably, particularly in the securities finance arena outside the United States. As a result, the financial institution needed to find a way to ensure efficient pricing and supply. Without robust automation, this process was becoming more costly and would have ultimately made it difficult to compete.

Citi's use of AutoBorrow has increased operational productivity by automating low-margin transactions and by ensuring pricing and supply efficiency globally.

Moving into the future, Citi plans to further automate the service of contracts by utilizing EquiLend's Contract Comparison and Dividend Comparison services.

As its Prime Brokerage business continues to grow, Citi Markets & Banking is increasingly looking to the automation, scalability, and flexibility offered by EquiLend to help the company compete effectively in the international Prime Brokerage arena.

EquiLend is uniquely situated to offer a product internationally that is far beyond the competition. We're using the EquiLend platform for business in the Far East, in London, and in the US for non-US securities. It's a perfect fit for us."

-Citigroup Corporate and Investment Banking

Citigroup uses

» Non-US Equity Autoborrow
» Non-US Contract Comparison
» Non-US Dividend Comparison