SHIFT · GLOBAL
Citi launches Custody+ to enable near-real-time settlement, reshaping institutional asset operations
Citi Investor Services unveiled Custody+, a suite of near- and real-time custody solutions designed to meet continuous demand from institutional clients. Moves beyond traditional T+2 settlement to enable always-on settlement cycles, forcing the industry toward 24/5 or 24/7 operations.
WHY IT MATTERS
Real-time settlement eliminates billions in idle float, reduces counterparty risk, and compresses working-capital requirements across the institutional buy-side. Competitors must follow or risk losing prime broking share.
Source: Business Wire · 2026-08-18