ProShares Trust has expanded Citigroup’s regulatory administration services contract to include the alternative investment manager’s exchange traded funds.

Citi had already been providing a variety of services to ProShare’s mutual funds, according to Michael Sapir, chairman of ProShares Trust and ProFunds. These services include fund accounting and administration, transfer agency as well as regulatory administration.

“We’ve been pleased by the quality of their services and expertise,” Sapir said in a statement. “This new agreement consolidates all of our mutual fund and ETF regulatory administration support services with a single provider, and brings Citi’s industry-leading regulatory and compliance expertise to our growing ETF business.”

Citi has won a series of administration service contracts over the past few months, including an agreement to support $4 billion of registered assets at Columbus, Ohio-based Diamond Hill Capital Management. Eaton Vance International (Ireland) Funds tapped Citi for global custody and trustee services for its Dublin-registered funds. Sandalwood Securities hired the company for hedge fund-of-funds administration in addition to custody.

The company is marketing its services as a means for clients to streamline their internal legal operations. For example, Citi’s Fund Governance Portal gives clients quick access to vital legal documents and allows them to manage workflow related to regulatory filings, compliance policies and corporate governance.

“We have enhanced our funds services offering by broadening our administrative platforms and capabilities to support the specific needs of exchange-traded funds,” says Bob Wallace, North America head of Citi’s Securities and Fund Services.

Tommy Fernandez writes for Money Management Executive.