Citi Launches Enhanced Treasury Diagnostics Global Benchmarking Tool
Citi announces the release of the newly enhanced version of Citi Treasury Diagnostics (“CTD”), an award-winning, web-based benchmarking tool designed to help corporates assess their treasury and working capital practices against industry peers and best-in-class companies.
The new release represents a significant milestone, combining the established strengths of CTD in helping companies benchmark key dimensions of treasury operations with the power of the CitiFX Corporate Risk Management survey. The enhancement incorporates an array of new content including FX Instruments, FX Transaction & Translation Risk, Intercompany Lending, Market Regulations, Emerging Market Risk, and Trading & Information Platforms.
“The integration of CitiFX Corporate Risk Management survey content into Citi Treasury Diagnostics is a significant advancement,” said Erik Johnson, Senior Strategist for CitiFX Risk Management Solutions. “With many leading multinationals reassessing their risk management programs, this enhancement helps us better serve Citi clients as they evaluate current treasury practices and refine their strategies.”
The new unified offering will provide clients with a comprehensive view into treasury practices and processes, deliver deeper insights on their performance, and ultimately facilitate speedier progress toward achieving a world-class treasury function.
“Many companies have already leveraged CTD in their process of treasury transformation,” said Ron Chakravarti, Global Head of Citi’s Treasury Advisory Group in Treasury and Trade Solutions. “Adding this depth in risk management to established CTD areas – from liquidity to working capital management – allows us to put an even more valuable discovery tool in the hands of our clients”.
Citi Treasury and Trade Solutions (TTS) enables our clients’ success by providing an integrated suite of innovative and tailored cash management and trade finance services to multinational corporations, financial institutions and public sector organizations across the globe. Based on the foundation of the industry’s largest proprietary network with banking licenses in over 100 countries and globally integrated technology platforms, TTS continues to lead the way in offering the industry’s most comprehensive range of digitally enabled treasury, trade and liquidity management solutions.
Source: MarketWatch – Citi Launches Enhanced Treasury Diagnostics Global Benchmarking Tool
