CITI has been appointed by Sun Life Investment Management and Trust Corp. (SLIMTC) as its middle office service provider in the Philippines. This mandate makes Citi the first bank in the country to onboard a middle office client, which is an industry first.
Leveraging Citi's well-established presence and deep expertise in the the Association of Southeast Asian Nations region, this landmark transaction helps move the Philippine market closer to global industry standards in post-trade related activities.
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