Citi Unveils Custody+ Suite for Real-Time Institutional Solutions and Bitcoin (BTC) Custody

Citi Investor Services is rolling out Custody+, a comprehensive suite of near- and real-time custody solutions to support always-on markets and institutional needs.

The bank says the platform follows the U.S. rollout of its patented Single Event Processing technology, which now handles over 80% of total event volume in real time.

Custody+ offers real-time asset servicing that cuts voluntary corporate action processing times by up to 92% in the U.S., with 96% of such events completed in under two hours.

The suite also delivers instant settlements across 62 proprietary markets, on-demand FX, real-time cash and liquidity management via Citi Token Services, AI-accelerated tax processing that reduces documentation times by up to 70%, and enhanced AI-powered market intelligence available in over 100 locations.

Citi’s custody business already supports clients in more than 100 markets worldwide. Citi expects to go live with digital asset custody later this year, starting with the custody of Bitcoin (BTC). This is being built on Citi’s common digital asset architecture and will offer a one-stop custody experience.

… Continue reading the full article at the original source below.