Citi has upgraded its Investment Book of Record (IBOR) data delivery service to support middle office clients operating across multiple trading cycles. The ‘multi-slot’ IBOR solution can be customised to meet the operational needs of individual clients across their front office locations in various regions, particularly informing start-of-day trading positions and cash forecasts globally. The enhanced IBOR solution provides clients with positions, traded and settled cash, transactions, instrument master data, foreign exchange rates and cash forecast data driven by regional valuations for listed and OTC assets. The service also includes a historically correct IBOR (HCIBOR) solution which can seamlessly integrate with existing performance and client reporting services. Citi’s enhanced IBOR data delivery service is now live and available as a standard part of its. middle office service offering. This enhancement coincides with the culmination of a multi-year investment in its middle office platform, a suite of highly automated and integrated capabilities that includes trade processing, asset servicing, OTC valuation and collateral management services, portfolio accounting, and performance and risk reporting.
