Citi extends Temenos contract for fund administration

Citi Equities and Securities Services has extended an existing contract for the Temenos Multifonds Global Accounting solution for its fund administration services, which serve asset managers in some 80 countries globally. The Temenos platform facilitates localised accounting and reporting, which supports the production of net asset valuations. 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,...