As from 1^st January 2019, economic substance requirements have been introduced in a number of jurisdictions, meaning that certain companies and partnerships are required to declare annually if they are engaged in what is called a “relevant activity” and demonstrate – where applicable – that they are satisfying the economic substance test for this activity.

The Citco Group of Companies, (“Citco”), a leading provider of asset servicing solutions to the global alternative investment industry, today announced a product partnership with S3 Partners,  a leading fintech innovator and data analytics firm, and the integration of its BLACKLIGHT Treasury Management solution.

We are delighted to have been awarded “Best Administrator - over $300bn Single Manager” and “Best Administrator - over $300bn Client Service” at the HFM European Hedge Fund Services Awards 2019, held on 28th March at the Natural History Museum in London. 

Congratulations to Albert Bauer and team on being nominated in the SAP Innovation Awards for the Disrupting Hedge Fund Administration via Machine Learning category.