Citco Integrates S3 Partners’ Blacklight Technology

June 06, 2019 - 09:36
Citco Integrates S3 Partners’ Blacklight Technology

HONGKONG, CHINA - Media OutReach - 6 June 2019 - The Citco Group of Companies, ("Citco"), a leading provider of asset servicingsolutions to the global alternative investment industry, today announced aproduct partnership with S3 Partners, a leading fintech innovator and dataanalytics firm, and the integration of its BLACKLIGHT Treasury Managementsolution.

 

S3 Partners' real-time,independent financing data prices opaque borrow and loan markets and redefinesshort interest, crowding and previously stale indicators for which the industryhas had no centralized source. BLACKLIGHT leverages these analytics along with leadingtechnology for better outcomes in investment process, risk management, andcounterparty relationships.

 

The agreement between Citcoand S3 allows Citco clients to get the benefit of BLACKLIGHT's Financing TradeCost Analytics (FinTCA) tools to maximize trade, margin and collateralexposures and efficiencies.  The platformwill be rolled out via Citco's ÆxeoTreasury platform.

 

"Our focus at Citco has always been to provide ourclients with the best technologies and services to make their lives easier. This is why we have decided to integrate S3'smarket-standard BLACKLIGHT suite of data and technology," said Albert Bauer, Managing Director at Citco Fund Services (USA) Inc."Integrating BLACKLIGHT into our existing Citco framework enables us toprovide S3's efficient insights to best execution, cost of margin and workingcapital and to monitor liquidity alongside our new Æxeo Treasury platform.  Our clients have asked forthese nuanced analytics which we can now offer via BLACKLIGHT withsingle-sign-on access and virtually no operational friction."

 

"We are thrilled that Citco has chosen to partner with us and recognizesthe value of our broker-neutral solutions," said Bob Sloan, Founder of S3Partners. "The Citco-S3 alliance, along with our distribution via Bloomberg,Nasdaq and Reuters, expands the reach of our technology and data to everyplayer type and client segment."  


About Citco Group of Companies

The Citco Group of Companies (Citco) is a leading provider of assetservicing solutions to the global alternative investment industry. With over $1trillion in assets under administration and 6,500 staff deployed across 40countries, Citco's unique culture of innovation and client-driven solutions hasprovided Citco's clients with a trusted partner for more than four decades.Having grown organically into one of the largest asset servicers in theindustry, Citco's Fund Services division offers a full suite of middle officeand back office services including, treasury and loan handling, daily NAVcalculations and investor services, corporate and legal services, regulatoryand risk reporting as well as tax and financial reporting services. Investingheavily in innovation and technology whilst further developing its currentsuite of client friendly solutions, Citco will continue as a flagbearer for theasset servicing industry. For more information, go to www.Citco.com.


About S3 Partners

Founded in 2003, S3 Partners is a financial technology and datacompany. Clients use our technology and data for better outcomes in theirinvestment process, risk management, counterparty relationships, and investorrelations. Like any resource, the integrity and purity of data is defined byhow it's sourced, how and why it's filtered, who can access it, and how it'sinterpreted. Data is only potential until you find a way to refine it. Refiningdata potential into financial power is S3's business. Our suite of tools armsyou to not just access data but to wield it; cut through marketplace opacityand see with clarity where opportunity lies for your business, portfolio, andthe entire market. S3's comprehensive data integrity powers your marketperception and business intelligence so you can act with agility, on your ownterms. For more information about S3 Partners, please visit s3partners.com.

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