Citco Middle Office Solutions report: Treasury transaction values hit $1.55 trillion in 2023

13 February 2024 - Treasury transaction values and volumes among alternative and institutional fund clients of the Citco group of companies (“Citco”) climbed in 2023, driven by increased demand for outsourced treasury management.

Citco’s 2023 Middle Office Solutions Report showed the value of treasury transactions set a new record among its client-base last year, up 14% to $1.55T. There was also a 17% increase in treasury payment volumes, which jumped in Q4 in particular, and overall Citco processed 511,000 payments in 2023.