Citi Named Derivatives Clearing Bank of the Year

NEW YORK — Citi has been named Derivatives Clearing Bank of the Year by financial news site GlobalCapital for the third consecutive year. The award was presented at the annual Americas Derivatives Awards gala in New York which honor the companies, innovations and people that have had the biggest impact on the derivatives markets in the region during the past 12 months.

“We are truly proud and honored to be recognized as an industry leader for the third consecutive year,” said Jerome Kemp, Global Head of Futures, Clearing and Collateral. “This is an extraordinary accomplishment and is a direct reflection of our strategic investments in people and infrastructure.”

“We are well positioned to deliver operational and capital efficiencies to our client base as regulatory reform is implemented globally,” said Christopher Perkins, Global Head of OTC Clearing. “This accolade underscores our commitment as we continue to expand our capabilities and bring more innovative solutions to market.”

Earlier this year, Risk named Citi OTC Client Clearer of the Year. In 2015, Citi was named Bank of the Year by FOW magazine, and Client Clearing Provider of the Year by Asia Risk.