Asset servicing solutions provider Citco Group (Citco) has partnered with S3 Partners to allow its clients to access S3’s BLACKLIGHT’s financing trade cost analytics tool for trade, margin and collateral exposures and efficiencies.
BLACKLIGHT leverages data analytics along with technology for better outcomes in the investment process, risk management, and counterparty relationships.
The platform will be rolled out via Citco’s Æxeo treasury platform.
Bob Sloan, founder of S3 Partners, said: “We are thrilled that Citco has chosen to partner with us and recognises the value of our broker-neutral solutions.”
He added: “The Citco-S3 alliance, along with our distribution via Bloomberg, Nasdaq and Reuters, expands the reach of our technology and data to every player type and client segment.”
Albert Bauer, managing director at Citco Fund Services (US), commented: “Our focus at Citco has always been to provide our clients with the best technologies and services to make their lives easier. This is why we have decided to integrate S3’s market-standard BLACKLIGHT suite of data and technology.”
He added: “Our clients have asked for nuanced analytics which we can now offer via BLACKLIGHT with single-sign-on access and virtually no operational friction.”
