FX Invest: EIB signs Citi for collateral management


The European Investment Bank (EIB) has signed Citi as its collateral management and collateral custody agent responsible for the EIB’s derivatives operations.

Citi is using its OpenCollateral software to mark derivatives collateral to market, carrying out margin calls and settlement responsibilities on behalf of the EIB. The EIB will continue to value its own derivatives transactions to preserve confidentiality with counterparties. Citi is also acting as global custodian for the securities collateral.

As part of a growing trend among dealers, Citi is increasingly involved in supplying third-party services as an integrated component of its derivatives servicing capabilities. This enables buy-side traders to delegate certain functions, generally back-office and derivatives clearing services, which improves customer efficiencies across a number of collateral management business areas.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: