markets and securities services...citidirect® for securities — release news — july 2015 1...

CitiDirect® for Securities — RELEASE NEWS — July 2015 1

CitiDirect® for Securities – New Features July 2015 Release

Release News

By Application

Overview Corporate Actions & Income Custody Reporting Market Guide Order & Trade Manager

Click on the blue tabs to view the changes by application.

Dear Client:

The Markets and Securities Services team is pleased to announce that new application features and enhancements will be

available to you on Monday, July 20, 2015.

Please note that the Order and Trade Manager projects will be implemented during the weekend of Saturday, July 25 and

available on Monday, July 27, 2015.

The July Consolidated Release will incorporate enhancements across our core applications including the following — Corporate Actions & Income, Custody Reporting, Market Guide and Order & Trade Manager.

Please be advised that while the Markets and Securities team makes every attempt to have consistent release content

throughout the release cycle, there may be internal or external factors that impact this and the release content is therefore

subject to change.

JULY RELEASE DOWNTIME

Please note that all of our new enhancements and upgrades will be deployed to the CitiDirect® for Securities production

environment during the weekend of Saturday, July 18, 2015. Please DO NOT access CitiDirect® for Securities and its

applications during the following time:

Friday, July 17 from 8:00 PM EDT to 2:00 AM EDT Saturday, July 18

Saturday, July 18 from 7:00 AM EDT to 5:00 PM EDT

If you have questions regarding any of the information in this RELEASE NEWS, or if you would like more information, please

contact your Client Services Officer or your Citi Account Manager.

Thank you,

The Markets and Securities Services Team

These materials are proprietary and confidential to Citibank, N.A., and are intended for the exclusive use of CitiDirect

® for Securities customers. In addition, no copy of these materials

shall be disclosed to third parties without express written authorization of Citibank, N.A. For clients who need assistance with this site, please contact your designated Client Services Officer or Customer Service Representative. • Citi Transaction Services www.transactionservices.citi.com © 2015 Citibank N.A. All rights reserved. Citi and Citi Arc is a service mark of Citigroup Inc. used and registered throughout the world. SWIFT is a trademark of S.W.I.F.T. SCRL. All other brands, products, and service names mentioned are trademarks or registered trademarks of their respective owners.

Markets and Securities Services

http://www.transactionservices.citi.com/


Corporate Actions and Income

By Application



Citi’s web-based Corporate Actions and Income (CAIN) tool enables clients to view, manage and respond to corporate actions and income events quickly and easily.

What’s New? What’s the Impact?

New Corporate Action Event Codes

To align with DTCC Transformation and market standards, the Principal event or Principal and Interest event will no longer be displayed as PRII – Interest Payment with Principal. The new data model will display each event separately, Principal - Partial Redemption Without Reduction of Nominal Value and INTR - Interest event. In addition, the DECR (Decrease Value Reduction of a Single Share) event used to report capital distribution will be replaced by correct market event, CAPD – Capital Distribution.

Events announced on or after August 1, 2015 with a payment date on or after December 1, 2015 will be impacted by the new data model. Otherwise, events will continue to be reported as PRII and DECR.

Figure 1a: New Corporate Action Event Codes: CAPD – Capital Distribution


Figure 1b: New Corporate Action Event Codes: INTR – Interest Payment

Figure 1c: New Corporate Action Event Codes: PRED – Partial Redemption Without Reduction of

Nominal Value

Multiple Income and Exception Codes

CAIN will be enhanced to support the latest Income and Exemption Codes.

CAIN currently supports a single Exemption code for NRA taxes, but with the introduction of FATCA, CAIN will be enhanced to support a second exemption code for FATCA taxes.

Figure 2: Multiple Income and Exception Codes


Custody Reporting

By Application



The Custody Reporting (CR) platform provides great flexibility and more customization options to address the diverse needs of our clients. We are pleased to introduce a number of enhancements based on your requests – including new features, reports, customization options, and much more.


Roll Back of DKNY Default

CitiDirect for Securities® Custody Reporting will support additional status codes with corresponding fail codes for related US market settlements.

Clients using CitiDirect for Securities® Custody Reporting can now benefit from greater reporting transparency through a new fail code available known as 'CANCELLED DUE TO SPLIT/PART SETTL'.

Figure 3: New Fail Code: B4 – 'CANCELLED DUE TO SPLIT/PART SETTL'


Market Guide

By Application



Market Guide is Citi’s premier securities market information channel that delivers tailored market information solutions for a large number of markets and topics of interest for Markets and Securities Services clients. Market Guide provides clients with an efficient way to gain access to comprehensive, timely and accurate securities market and service information along with the tools needed to tap into new market opportunities. Market Guide supports clients’ business decisions by providing comprehensive market information as well as readily available and customizable snapshots of clients’ chosen markets.


Global Event Calendar

Enhanced the Global Event Calendar feature used to publicize visits by Citi's Securities Country Managers / Market Specialists to clients in major cities around the world.

The new enhancements to the Global Event Calendar functionality allow for the coverage of events involving multiple markets and provides for improved client communication regarding multi-country events.

Global Holiday Calendar

Updated the Global Holiday Calendar feature used to keep clients informed about forthcoming business holidays across all 106 markets in Citi's global network.

The Global Holiday Calendar now features advanced search functionality which delivers more precise search results to clients.

Figure 4: Global Holiday and Event Calendar


Coverage of the West African Economic and Monetary Union (WAEMU)

Implemented automatic email subscriptions to Citi’s pan-WAEMU content such that clients subscribed to any of the markets comprising the bloc will automatically receive all pan-WAEMU content. WAEMU comprises the following 8 African markets:

Benin

Burkina Faso

Guinea-Bissau

Ivory Coast

Mali

Niger

Senegal

Togo * Available to clients based on their Market Guide entitlements.

Provides clients with improved access to market information, service information and risk analyses across the 8 WAEMU markets.

Figure 5: West African Economic and Monetary Union (WAEMU) coverage


Order and Trade Manager

By Application



Order and Trade Manager (OTM) offers an integrated online platform for equities execution, fund order execution, settlement and safekeeping. It provides you with the ability to gain secure, flexible access to major markets, actively monitor trade progress throughout the complete life cycle in real time, and increase your straight through processing rates. The following enhancements are being introduced in this release:

Please note that the Order and Trade Manager projects will be implemented during the weekend of July 25th.


3 Decimal Place Reporting for USMF

Citi USMF customers will now benefit from additional decimal place reporting on all USMF Funds.

OTM will receive daily reconciliation reports from FSTC for 3 decimal places rather than 2 as was previously reported. This means that reconciliation between the fund and customer will be more accurate and furthermore will ensure no residual holdings for customers holding to 3 decimal places.

Execution to Custody (E2C) Clone order expansion

Cloning orders for all E2C order types

The functionality that exists today to clone orders will be expanded to include all orders states. This function will be available to users in the order blotter.

BIN USMF per client logic Citi File Hub 69A message processing and File Reprocess for MT536

Citi File Hub will now include processing of 69A field and MT536 messages on behalf of Customers

This new requirement will expand the current functionality to include MT536 messages. The MT536 messages will be defined and parsed for display and further processing in Citi File Hub.

Figure 6: Account Details BIN USMF per client logic


USMF Support for BIN calculation

USMF BIN calculation will be available through OTM along with enhancement to store BIN at a Fund Level

OTM will have the functionality to add the BIN calculation to the outbound order file from OTM. Customers of USMF will benefit from this enhanced functionality as Citi will be able to support the ability to save cash/cash and reinvest/reinvest dividend type accounts at fund Level by BIN. Reports will also display BIN for pending account opening reports.

Figure 7a: FSTC Fund Account Entry

Figure 7b: FSTC Fund Account Entry


Supported browsers CitiDirect for Securities® can be accessed using Internet Explorer, Firefox and Chrome. Please refer to the below list of supported browsers and versions.

IE8 IE9 IE10 IE11 CHROME FIREFOX

Corporate Actions and Income Y Y Y Y Y November 2015

Class Actions Y Y Y Y November 2015 November 2015

Custody Reporting Y Y Y Y Y Y

Entitlements Y Y Y Y November 2015 November 2015

Framework Y Y Y Y Y Y

Inquiry Y Y Y Y Y Y

Intram Cash Y Y Y Y Y Y

Market Guide Y Y Y Y August 2015 TBD

Message Manager Y Y Y Y November 2015 November 2015

Order and Trade Manager Y Y Y Y November 2015 November 2015

Transaction Manager Y Y Y Y Y Y


These materials are proprietary and confidential to Citibank, N.A., and are intended for the exclusive use of CitiDirect® for

Securities customers. In addition, no copy of these materials shall be disclosed to third parties without express written

authorization of Citibank, N.A. July 2015 Citi Transaction Services www.transactionservices.citi.com

© 2015 Citibank, N.A. All rights reserved. Citi and Citi Arc is a service mark of Citigroup Inc. used and registered

throughout the world. SWIFT is a trademark of S.W.I.F.T. SCRL. All other brands, products, and service names mentioned

are trademarks or registered trademarks of their respective owners.

markets and securities services...citidirect® for securities — release news — july 2015 1...

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