Bandar Baru Bangi, 43650,
Malaysia
Citi
Citi, a prominent reseller, system integrator, and consulting company, that plays a vital role in numerous system integration and digital transformation initiatives. Citi collaboration with software players such as BlackRock empowers organizations to embrace disruptive technologies and accelerate their journey to the cloud, thus reshaping their business models.
| Reseller and SI | Vendor | Application | Category | Market |
|---|---|---|---|---|
| Citi | BlackRock | BlackRock Aladdin Accounting | Portfolio and Investment Management | Investment Management |
| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Product | Category | When | Insight |
|---|---|---|---|---|---|---|---|---|---|---|
|
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Singlife with Aviva | Insurance | 2500 | $2.8B | Singapore | BlackRock | BlackRock Aladdin Accounting | Portfolio and Investment Management | 2023 |
In 2023 Singlife with Aviva implemented BlackRock Aladdin Accounting to unify front, middle and back office investment capabilities, addressing Portfolio and Investment Management requirements for its investment operations. The BlackRock Aladdin Accounting deployment was positioned to deliver end to end investment accounting and reporting across Singlife with Aviva's Singapore operations.
The implementation configured core accounting capabilities within BlackRock Aladdin Accounting, explicitly implementing attribution, full reconciliation and accounting records to create a single source for investment accounting workflows. Configuration work emphasized investment accounting ledgers, reconciliation engines and attribution reporting that align trade lifecycle data with valuation and ledger entries.
Singlife with Aviva engaged Citi as a principal implementation partner and coordinated selection and program oversight with Alpha FMC while BlackRock provided the Aladdin Accounting platform. The engagement used Aladdin to connect front office portfolio positions through middle office reconciliation to back office accounting and reporting, extending across Singlife's investment operations and reporting workflows in Singapore.
Governance and process changes focused on centralizing investment accounting controls and reconciliation procedures, with program coordination between Singlife with Aviva, Citi, Alpha FMC and BlackRock. Outcomes stated by the engagement included streamlined end to end investment accounting and reporting and improved efficiency and risk monitoring for the firms investment function.
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Buyer Intent: Companies Evaluating Citi Services
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