HFMWeek Names Citco Best Administrator in the U.S.

Calls CitcoOne Platform an “Industry Game Changer”

NEW YORK--(BUSINESS WIRE)-- Citco Group of Companies (“Citco”) today announced that it has been named the “Best Administrator - over $30bn overall” by HFM for the seventh consecutive year in the United States.

Kieran Conroy, Head of Hedge Funds said, “Citco’s leadership position in hedge fund administration is a direct result of our commitment to developing best-in-class solutions tailored to our clients’ evolving needs. We listen to our clients and understand their priorities, and as a result we have invested in groundbreaking technology and tools, like our CitcoOne platform and Citco Waterfall, in order to meaningfully solve the operational challenges that our clients face every day. We are proud of the recognition we have received, and are committed to building on that legacy so that we can continue to deliver unparalleled expertise and solutions.”

In its recognition of Citco, HFM noted that “Citco once again excelled itself in HFM’s pre-eminent administrator category. While the hedge fund space has faced serious challenges over the last twelve months, Citco has been able to grow market share and drive client acquisition. The launch of a new technology platform – Citco One – was deemed an industry game changer by HFM’s judges and a sign that Citco remains committed to its clients and an innovative force to be reckoned with in the admin space.”

About Citco Group of Companies

The Citco Group of Companies is a worldwide network of independent financial service companies serving the world's elite hedge funds, private equity and real estate firms, institutional banks, Global 1000 companies and high net worth individuals. Citco companies service these sectors in their respective geographic areas by offering hedge fund administration, custody and fund trading, financial products and corporate and trust planning solutions. Citco has offices in over 40 countries with more than 6,000 staff.

View source version on businesswire.com: http://www.businesswire.com/news/home/20161021005487/en/

Media:
Sard Verbinnen & Co
Paul Caminiti / Elizabeth Smith
+1-212-687-8080 / +44 (0)20 3178 8914

Source: Citco Group of Companies

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