HFMWeek names Citco Best Administrator in the U.S.
New York, 21 October 2016 – Citco Group of Companies (“Citco”) today announced that it has been named the “Best Administrator - over $30bn overall” by HFM for the seventh consecutive year in the United States.
Kieran Conroy, Head of Hedge Funds said, “Citco’s leadership position in hedge fund administration is a direct result of our commitment to developing best-in-class solutions tailored to our clients’ evolving needs. We listen to our clients and understand their priorities, and as a result we have invested in groundbreaking technology and tools, like our CitcoOne platform and Citco Waterfall, in order to meaningfully solve the operational challenges that our clients face every day. We are proud of the recognition we have received, and are committed to building on that legacy so that we can continue to deliver unparalleled expertise and solutions.”
In its recognition of Citco, HFM noted that “Citco once again excelled itself in HFM’s pre-eminent administrator category. While the hedge fund space has faced serious challenges over the last twelve months, Citco has been able to grow market share and drive client acquisition. The launch of a new technology platform – Citco One – was deemed an industry game changer by HFM’s judges and a sign that Citco remains committed to its clients and an innovative force to be reckoned with in the admin space.”