Citi today announced the launch of Citi Issuer Access, an innovative tablet-based suite of capital markets content designed specifically for issuers involved in the capital formation process. As part of this initiative, issuers will receive dedicated tablet computers pre-loaded with a comprehensive suite of applications, including a real time issuer view into the order book, access to investor profiles, dynamic roadshow travel and meeting schedule, post-pricing investor relations services and support. Citi Issuer Access will provide a transparent medium for both Citi and the issuer to remain connected on all offering-related matters, foster a closer working relationship, and ensure greater transparency to corporate executives throughout the offering process.
"Our approach in any capital raising initiative is to treat the issuer as a partner and active participant in the offering process. Citi Issuer Access affirms our commitment to transparency and efficient delivery of information to our issuing clients," said John Chirico, Co-Head of Capital Markets Origination Americas at Citi.
To bring this innovative capability to market, Citi chose to partner with Ipreo, a top-tier financial services data and technology provider. Ipreo is a leading provider of new issuance software, workflow solutions, market intelligence and data to both capital markets and corporate investor relations professionals.
Each tablet will be delivered pre-loaded with the following Citi Issuer Access suite of applications:
- An issuer view into the syndicate bookbuilding application to see the order book real time along with offering feedback
- A detailed roadshow travel and meeting schedule
- In-depth investor profiles, including portfolio characteristics, holdings, and investment approach
- Live access to industry-leading Bigdough database of institutional contacts and advanced investor screening tools
- Real time market intelligence, quotes and news
- Issuer access to the prospectus and other offering-related documentation
- Investor relations services including shareholder insights and market analytics
- Seamless post-offering coverage by Citi’s Corporate Access division
“Ipreo’s entire business is centered around providing market participants with streamlined workflow solutions and actionable information – Citi Issuer Access is an innovative new delivery mechanism for both,” said Scott Ganeles, Chief Executive Officer of Ipreo. “We’re pleased to be able to leverage our unique understanding of both the capital markets and corporate issuers to support Citi in bringing this innovative experience to their clients.”
In addition to the offering-related tools and content listed above, each tablet may be loaded with a collection of additional applications and content based on each user’s preferences.
"Citi is committed to technology innovation at the forefront of the capital markets. We believe mobile connectivity through Citi Issuer Access will enhance an executive’s experience throughout the capital formation process," said Philip Drury, Head of Equity Syndicate Americas at Citi.
Citi, the leading global financial services company, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Additional information may be found at www.citigroup.com.