Citi takes outsourced treasury service online
TECHNOLOGY NEWS
LONDON -- The FX industry has already witnessed the automation of the way banks trade with each other and their clients. Now the FX buy side is seeing the next level of the process go online with new electronic outsourced treasury services from their banks.
Citigroup launched its new web-enabled Agency Treasury Services (ATS) in Europe in August. The unit, which has managed clients’ treasury activities for 10 years, went live in North America in September and the bank plans to roll it out in Asia
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