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On July 17, 2025, Citigroup's trading volume reached 22.02 billion, ranking 35th in the day's stock market.
(C) rose by 3.41%.Citigroup's Global Transfer Agency business has implemented Fenergo’s Client Lifecycle Management platform to enhance investor onboarding and due diligence services for regulated funds in Europe. This move allows for customized policy-driven risk assessments for Anti-Money Laundering (AML) and Know Your Customer (KYC) checks, making the onboarding process more seamless for clients. The platform offers automated data validations and real-time reporting through API connectivity, benefiting both Citi and its clients.
This initiative is part of Citi's ongoing digital transformation agenda, following the launch of its award-winning digital Transfer Agency service in the United Kingdom in 2023. The bank already provides a fully digital client lifecycle service for funds in the UK market. The adoption of Fenergo's platform aligns with Citi's goal to stay ahead of regulatory changes and provide a real-time view of investor statuses, ensuring compliance and operational excellence.
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