Citi’s Execution to Custody (E2C) solution is being launched in the Latin American market.
A global electronic platform, E2C is automates trade execution, post trade enrichment, clearance and settlement processes in markets and liquidity pools.
Clients using E2C will be able to take advantage of Citi Market’s extensive market access and execution technology as well as Citi’s custody network through a single connection that facilitates straight through processing rates.
As E2C provides both execution and settlement services, the transaction lifecycle is streamlined and client expenses are reduced. The solution also connects clients’ internal systems in the front, middle and back office, which stops duplicative entry and reduces the risk of errors.
Ricardo Hesse, securities services head of Latin America, said: “Citi’s global presence makes the E2C offering unique effective, providing unparalleled in-market expertise on regulation, practices, fee and taxes.”
“Citi owns and operates its entire value chain in many markets, allowing transparency into transaction statuses and providing an external record of transactions as a validation source against your internal systems.”
