Citigroup has introduced the CitiDirect Performance and Risk Management Service, a risk-reporting middle-office application that uses heat-mapping visualization technology. It permits asset managers to aggregate multiple, manually generated reports into a single-information view.
“CitiDirect PRISM demonstrates our ongoing commitment to market innovative and leading-edge technology for the benefit of our clients,” said Neeraj Sahai, global head of securities and fund services at Citi. “The heat-mapping technology that powers this new middle-office tool enables a fund’s executives and asset owners to view their portfolio performance and risk exposure in an intuitive manner that aids in their investment and risk-management processes.”
The tool is designed specifically for chief investment officers, portfolio managers, risk managers and product distribution teams to let them readily see complex data relationships across performance, attribution, investment operations and sales.