
Due to the growing interest in GPF Funds of Funds in Italy, institutional clients are more and more focused on outsourcing non-core activities – trading, execution, settlement, and reconciliation – to professional service providers. Therefore, the Citco Group’s Banks, as the leading Fund Custodian, have recently extended their array of services and cover all these activities via a newly developed STP solution. Clients will have one single point of access for their selected funds instead of maintaining relationships with dozens of different Fund Management Companies. In addition, clients may also elect to benefit from the Banks’ Trailer Fee Administration Service.