Citi Teams Up with Software Fintech Cachematrix to Launch Refreshed Digital Investment Portal

Citi announced on Tuesday it has formed a new partnership with Cachematrix, a software as a service fintech firm that is focused on simplifying cash management, to launch refreshed digital investment platform.

“The new Online Investments MMF solution will allow treasury professionals to manage their MMF portfolio in a more streamlined manner. For both active and automated investments, clients will be able to leverage automated analytics tools to support their strategic decision-making and risk management processes, through the bank’s mobile banking solution, CitiDirect BE.”

While sharing more details about the partnership and the platform, Mark Smith, Global Head of Liquidity Management Services, Treasury and Trade Solutions of Citi, stated:

“The world is moving toward better technology, simpler design, and instant access to data and automated analytics. We have redesigned the end-to-end MMF user experience in our Citibank Online Investment portal, to ensure that we are providing our clients with more data-rich fund research and analytics tools; new choices for automated sweep rebalancing; a simplified account structure; and enhanced usability with increased customization options.”

Dave Agostine, CEO, Cachematrix, added:

“Cachematrix is excited to power Citi’s Online Investments portal with our best-in-class financial technology. As cash management has become increasingly in focus with corporate investors, it is important for financial institutions to provide innovative liquidity solutions that create ease in what has historically been a cumbersome process. We believe our partnership with Citi and revamp of the Online Investments portal will help to drive efficiencies for the client with a modern and simplified cash management experience.”

Sponsored Links by DQ Promote

Send this to a friend