As part of a series on how custodians are evolving client-facing technology, we spoke with major players about the way in-house development and innovation are being incorporated to better provide a range of financial services. While there’s lots of speculation about the disruptive impact challengers present to traditional business models, what some banks are doing is putting lessons from bigtech and fintech into production.
Citi looked to internet firms like Google, Amazon, Facebook and Twitter for ideas on how its use of technologies could apply to custody and fund services, said William Pryor, a managing director and global product head of Data and Analytics for Citi’s Custody and Funds Services.
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