According to Business Wire, Citi Investor Services, a subsidiary of Citigroup, has launched Custody+, a custody solution suite that utilizes Single Event Processing (SEP) technology to achieve real-time asset service processing in the United States, reducing the processing time for voluntary corporate actions by up to 92%. 96% of voluntary events in the United States are completed within two hours, and over 80% of event volumes are processed in real-time. Custody+covers real-time asset services, real-time settlement, on-demand forex, real-time cash and liquidity management, AI driven tax acceleration, and market intelligence, and opens data to customers through cloud and API.
