Following its successful launch in other Asian markets, Citigroup has announced that CitiDirect for securities, its global web-based delivery platform, will be available in Malaysia. Clients in Malaysia will now have real-time access to securities settlement accounts, and comes during a time where the bank is seeing a substantial growth in its Malaysian assets under custody.
This follows CitigroupÆs recent introduction of the platform in Hong Kong, Singapore, Taiwan and Japan in 2005. Benefits of the CitiDirect for securities include provides up to the minute access to transaction data and market intelligence that Citi says increases efficiency, lowers operating costs, and improves overall performance.
Like users in these other Asian markets, Malaysian clients...
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