Citi is to offer direct custody & clearing (DCC) services in Finland. This new offering expands Citi’s proprietary DCC network to cover the whole Nordic region, making Citi the only international bank to offer a pan-Nordic service. Citi will become a member of Euroclear Finland, the central securities depository, and will access the system through its Dublin office, facilitating the use of Citi’s single legal vehicle (SLV) platform in Europe, which offers clients direct access to key European locations, including the major T2S markets, via one single access point.
