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Treasury & Capital Markets
Citi launches real-time liquidity for corporates
Expanded treasury suite offers streamlined, 24/7 account funding, cash forecasting
The Asset 11 Jun 2024

Citi has launched its Citi Real-Time Funding (Citi RTF) solution, the bank’s latest addition to its real-time treasury suite of solutions for corporate clients in Australia, Hong Kong, and the United Kingdom, with plans to expand to additional markets later this year.

Citi RTF, the bank points out, is a differentiated offering that can help corporate treasurers optimize liquidity and make funding decisions with real-time data, while also automating traditionally manual processes for 24/7 account monitoring and complex cash forecasting to support their operations.

The solution may be especially beneficial for companies with a lean treasury team or a centralized liquidity structure, helping them to maximize treasury efficiency and performance,

As well, it enables the automated movement of funds between cross-border accounts based on pre-defined rules set by the client, helping them ensure that cash is available when and where it’s needed. Benefits of the solution include:

  • Automated and instant funding between intercompany accounts on a 24/7 basis, including intraday, afterhours, weekends and holidays
  • Reduced need for account buffers, prefunding and borrowing
  • Timely and automated release of payments, domestically and across borders
  • Consolidated view of intercompany loans and cash positions in one report.

“With the proliferation of instant payments and evolving business models, treasuries must be able to support rapidly growing, 24/7 cash flows,” notes Stephen Randall, global head of liquidity management services, Citi Services. “Citi RTF complements our existing treasury products like real-time multi-banking, on-demand sweeps and real-time liquidity sharing that are powering our clients’ journeys to real-time liquidity management.”

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