Citi shares best practices and impact of digitization to clients face digital challenges

Original Post Source

In order to give customers a better understanding of global corporate financial management trends and China’s financial reforms, Citi Taiwan’s Treasury and Trade Solutions held a customer seminar on Sept. 26. Swati Mitra, Global Sales Leader for Emerging Market Corporate Clients, Treasury and Trade Solutions at Citi, and Yigen Pei, Country Head of Citi Treasury and Trade Solutions in China, were invited to Taiwan to share their insights with clients. This event attracted a full house of close to 100 participants.

Christie Chang, ICG Head of Citi Taiwan pointed out: “Citigroup handles US$4 trillion in transactions worldwide every day, and has a deep understanding of the importance of digital platforms to customers’ asset management. As a consequence, starting in 1990, Citi has actively committed large amounts of resources to the development of e-banking. Today, customers can easily log onto our online banking websites using any Internet-connected mobile device, and use online banking to manage their global transactions.”

Swati Mitra said that the world currently faces important challenges in such areas as geopolitics issues, liquidity and risk management, cyber security, digitization, regulation, and mergers & acquisitions/ restructuring. Companies must adapt to changes to oversight and tax systems, achieve cost reductions, establish financial flexibility, readdress liquidity and investment strategies, develop M&A execution plans, and transform technology architecture. To help clients facing challenges, Citi’s TTS provides comprehensive treasury advisory services, centralized account management, working capital management, range of liquidity and investment options, system data integration and cyber security, and innovative e-commerce and digitalization initiatives.

Swati Mitra further addressed that digital disruption is leading to new priorities for treasury. In the future, new technologies such as faster payments, API and data visualization and intelligence might change the treasury to a leaner, faster and better transaction management across consumer and business flows.

Meanwhile, Yigen Pei shared the latest strategy of financial policies and development points of free trade zone in China.

Treasury and Trade Solutions (TTS) plays a critical role in keeping Citi Taiwan at the leading position of Taiwan’s competitive banking market, committed to offering the finest client experience with our cutting edge technology and global footprints; providing both integrated and customized solutions to our clients, supporting their business operation locally and globally.

You may also like…


Double warnings expected as storm Talim bears down on Taiwan


The story behind the new premier William Lai


Conductor left behind by bullet train in Taiwan


Universiade mascot is looking for a job


Premier resigns, Cabinet reshuffle slated for Thursday


‘Heroes parade’ draws tens of thousands


FISU, athletes heap praise on Universiade host city


William Lai appointed premier


Taiwan dodges a bullet as Talim continues north turn


Former classmates apologize for bullying after 33 years at reunion

Leave a Reply

Your email address will not be published. Required fields are marked *