Citi has extended its contract for Tememos Multifons Global Accounting to support its fund services business growth worldwide.
The extension is expected to boost Citi’s operations, reduce costs and enhance the digital customer experience for its global fund business.
Max Chuard, CEO, Temenos, said: “We are proud to support Citi’s global fund services business growth. The fund industry is an ever-changing environment, defined by evolving regulatory requirements, expense pressures and sophisticated client demands.”
He added: “For businesses to thrive in such a landscape, we believe investing in innovative and flexible modern software is key. Temenos Fund Administration products have the hallmark of excellence, delivering the cost and operational efficiencies to enable businesses to grow exponentially while also future-proofing their operations.”
