Banking
The Citco Banks provide integrated payment solutions, lending and foreign exchange services to alternative investment funds and other clients, complementing the wider Citco group of companies (Citco’s) fund administration, custody, and depositary offerings.
Our solutions are the backbone of your business
Our customized solutions are designed to fit your organization, your investments, your goals and your distinct challenges. We build a bespoke foundation that sets you up for success.
Established in 1985, the Citco Banks deliver a wide range of services.
Offering a complete cash management solution fully integrated with Citco’s fund administration, custody, and depositary services.
FULL SUITE OF BANKING SERVICES
The Citco Banks offer clients a comprehensive suite of banking services, including investor, operational and deposit bank accounts, foreign exchange and credit services. These offerings are seamlessly integrated with the Citco group of companies’ (Citco) fund administration, custody, and depositary solutions.
FULL AUTOMATION TO REDUCE RISK
Our fully automated services reduce risk and accelerate transactions while enabling efficient settlement and streamlined cash flow management. We also offer foreign exchange services, utilizing an agency model to secure competitive market rates from a selection of top FX brokers. Services offered include spot transactions and hedging solutions.
RANGE OF LIQUIDITY SOLUTIONS
Through the Citco Banks, clients can access liquidity, leverage, bridging, and bespoke hedge fund derivative solutions. Specialized credit facilities are available for Fund of Hedge Funds and secured lending to Private Equity, Private Credit, and Real Assets funds. As highly regulated, risk-averse transactional banks, the Citco Banks adhere stringently to capital adequacy ratios and are certified annually under the SOC 1 Type 2 (ISAE3402/SSAE16) report, adhering to global best practice standards.
Having grown organically, the wider Citco group of companies (Citco) is now one of the largest administration providers in the investment funds industry. Citco’s integrated approach enhances operational efficiency, reduces risk, and provides clients with a seamless experience across all their financial service needs, offering a unique combination of banking expertise and broader financial services capabilities.
Supporting Services
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Custody+ + -
The Citco group of companies (Citco) offers state-of-the-art custody solutions, combining advanced technology with expert oversight to support the complex needs of alternative investment funds and institutional investors globally.
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Depositary Services+ + -
The Citco group of companies (Citco’s) Depositary Services offers tailored solutions for asset safekeeping, cash flow monitoring, and regulatory oversight, supporting a wide range of alternative investment funds across key European financial centers.
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Fund Administration+ + -
Citco is a pioneer in independent fund administration for the alternative investment industry, offering scalable and innovative solutions to meet your specific needs. With a highly experienced team, we cover the whole spectrum of asset-servicing.
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Hedge Funds+ + -
Consistently ranked best-in-class via industry surveys, we provide key solutions including accounting and operations, investor relations and independent pricing, among others. We will continue to pioneer solutions for our Hedge Fund clients to provide the most complete asset servicing offering.
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Fund of Funds+ + -
With a global team of accounting specialists, we use our proprietary technology to offer data services support, customized investor reporting, and look-through and analytics on risk, portfolio performance, attribution and exposures. Combined with the Citco Banks, we use our global presence to support jurisdiction-specific services to clients.
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Private Equity & Private Credit+ + -
Citco’s team of professionals from across the Private Equity and Private Credit sectors deliver a complete, one-stop shop asset servicing solution. We provide administration support for financial statement reporting, tax services, treasury processing, record maintenance, processing investment transactions, waterfall calculations, and more.
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Real Assets+ + -
Our team uses its deep understanding and experience of Real Assets, combined with industry-leading technology, to deliver a complete and holistic service offering. Covering accounting, investor relations, SPV administration and a host of complimentary ancillary services, we offer our solutions to clients across the globe in a seamless fashion.
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Middle Office Solutions+ + -
In-house teams should be looking to outsource key middle office functions to specialists that have the technology, scalability and expertise to rapidly identify issues and streamline processes to cover increased activity. Our offering covers Treasury and Collateral Management, OTC Settlements, Trade Matching and Portfolio Finance.
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Swift services+ + -
The commercial gateway enables institutions across the financial spectrum - from banks and corporates to fintechs and alternatives managers - to access the Swift network via their own platforms. It sits alongside Citco’s own Middle Office Solutions Treasury Managed Service which also provides access to Swift for its clients.
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Direct Lending and Capital Advisory+ + -
Our deep knowledge of alternative funds, strategies and investors allows us to structure creative, flexible and timely solutions for our clients. The sum total of the transactions we have funded or arranged is more than $20 billion, and covers all aspects of direct lending and capital advisory services.
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Loan Servicing Solutions+ + -
Our team of seasoned loan operation professionals offers a fully-integrated Loan Servicing and Agency offering for loan originators and investors.
We understand how day-to-day loan activity impacts your portfolio. Whether you are seeking basic services such as payment and transaction processing – or enhanced agency services for syndicated and complex transactions – Citco’s offering is here to help you navigate them successfully in these challenging times.
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Tax and Regulatory+ + -
We provide timely and accurate tax reporting, along with a range of financial statements and regulatory reporting services that allow you to take advantage of overlaps between different global reporting requirements.
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Private Wealth and Family Office Services+ + -
For over 70 years, individuals and families have put their trust in Citco to preserve their assets for future generations. Our dedicated team of private wealth practitioners provide a range of tailored solutions to meet their short- and long-term estate planning and wealth preservation objectives. Whether for personal or corporate assets – structured under Trusts, Foundations, Private Investment companies or partnerships – Citco can support you through its global coverage and extensive experience.
Industry Recognition
Industry Leaders Custody Asia Awards 2025
Fund Administrator of the Year
Hedgeweek European Awards 2025
Fund Administrator of the Year: Middle Office Services
HFM European Services Awards 2025
Best Administrator - overall