CitiDirect® for Securities New Features November 2015 ......to corporate actions and income events...

CitiDirect® for Securities — RELEASE NEWS — November 2015 1

CitiDirect® for Securities – New Features November 2015 Release

Release News

By Application

Overview Corporate Actions &

Income Custody Reporting Market Guide

Order & Trade Manager

Transaction 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, November 23, 2015.

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

NOVEMBER 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, November 21, 2015. Please DO NOT access CitiDirect® for Securities and its

applications during the following time:

Friday, November 20 from 8:00 PM EDT to 2:00 AM EDT Saturday, November 21

Saturday, November 21 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




Transaction Manager


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?

Multiple Payouts for Capital Gain Event

CAIN will support multiple payouts for a single capital gains event when both long term and short term payouts exist.

Capital Gains Distribution (CAPG) can have multiple payouts including long and short term capital gains. CAIN will display long term and short term cash payouts with entitlement details within the same event.

Figure 1: Multiple Payouts for Capital Gains

Support Multiple Tax Types Across Sub Accounts for Income Allocation

CAIN has been enhanced to accept and display multiple tax withholdings on a single payment.

When applicable, the Entitlements screen will show up to three Tax Withholding Amount and Rate fields (NRA, FATCA, and US Backup withholding). An additional blended Tax Rate field will also be supported.

Figure 2: Multiple Tax Types Across Sub Accounts


Third Party Borrow

CAIN has been enhanced to support processing for Third Party Borrow which is a new functionality that has been added to the product suite.

New Nominees have been introduced as part of this enhancement:

77 – Borrow Tracked 78 – Borrow Non-Tracked 76 – Straight Delivery of Borrow Tracked 79 – Straight Delivery of Borrow Non-Tracked 86 – Loan of Borrow Tracked 87 – Loan of Borrow Non-Tracked

The Holdings By Location/Nominee screen has been enhanced to include additional text information pertaining to the respective Nominee.

Figure 3: Third Party Borrow New Nominees


Custody Reporting

By Application




Transaction Manager


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.


Agency Trust Mutual Fund Nominee Added into Transaction Report

Custody Reporting will include additional settlement location details within its transactional reporting to represent Agency Trust Mutual Funds.

Clients will see new location and settlement codes including descriptions for Agency Trust Mutual Funds. HE code and HE Mutual Fund description will be displayed.

Figure 4: Agency Trust Mutual Fund Nominee


Enhanced Short and Long Term Payout Types for CAPG Event Type Available

Custody Reporting will display both short and long term on payout types for Capital Gains Distributions (CAPG).

Clients can now view within their Income and Corporate Action reports both short and long term payout types for Capital Gains Distribution events. Two new fields, Rate Type and Rate Type Description, have been added to provide more transparency for these payments.

Figure 5: Enhanced Short and Long Term Payout Types

Enhanced Third Party FX Details Within FX Transaction Report

Custody Reporting now includes additional details relating to Third Party FX transactions including: Scope of Operation, Open/Close, Final Leg, Net Settlement, Net Settlement Amount, Net Settlement CCY, and Gain/Loss, which will be displayed in the FX Transactions report.

Clients will now be able to view additional detail within the FX Transaction report in relation to Third Party FX transactions which will provide more flexibility and transparency in reporting.

Figure 6: Enhanced Third Party FX Details


HIGH and LOW FX Rate Pairs Available in FX Transaction Report

Custody Reporting will now display the actual day high and low FX rates within the FX Transactions report relative to the FX Trade Date.

Clients can see more reporting transparency for their FX Transactions as daily high and low market FX rates will be displayed alongside their FX transactions and these rates are as of FX Trade Date.

Figure 7: High and Low FX Rate Pairs

Quick Query Enhancement

Custody Reporting will add a Market Reference field to transaction details when clients search for transactions using Quick Query tool.

Clients will now see additional reporting fields displayed when using Quick Query tool, specifically Market Reference will be added and displayed to help clients better identify their trades.

Figure 8: Quick Query Market Reference


Safekeeping and Cash Account Data Added to FX Transaction Report

Custody Reporting will now display additional Safekeeping and Cash data within the FX Transaction report including Security ID, Issue Name, Quantity, Status and Client Reference for Safekeeping data and Cash Account for Cash data.

Clients will now be able to correlate their trade/cash activity against any related FX transactions booked which creates further transparency.

Figure 9a: FX Transaction Report Cash Account Data

Figure 9b: FX Transaction Report Safekeeping Account Data


File Link Option for Reporting Schedules

Custody Reporting now includes functionality for clients to send their scheduled reports using a file link to their email address.

Clients using File Link will be able to transmit larger volumes of data within their reporting. Upon receiving File Link via email, a client can click on the link and will be directed to their schedules for report download options.

Figure 10: File Link Option for Reporting Schedules


Market Guide

By Application




Transaction Manager


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.


New Content: 'Markets on the Move'

Launched ‘Markets on the Move’ publication which publicizes upcoming trips by Citi’s Securities Country Managers/Market Specialists to meet with clients in major cities around the world.

Provides clients interested in face-to-face meetings with Citi’s market experts with timely information about upcoming visits.

Figure 11: Markets on the Move


Content Upgrade

Upgraded several client publication templates to improve the look and feel of various Market Guide publications and reconfigured the subject line of all Market Guide client email notifications.

These new enhancements improve the clarity and impact of Citi's securities market/service information delivered to clients via Market Guide.

Global Event Calendar

Streamlined 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.

Browser Support

Implemented browser support for the latest versions of Google Chrome and Firefox web browsers.

Ensures a seamless user experience for clients who use these browsers.


Order and Trade Manager

By Application




Transaction Manager


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:


USMF Sub Account Addition to Fund Orders and Confirms

A Sub Account field will now be made available on all USMF orders and will be played back as part of the order confirmation process.

USMF customers are now able to add a sub account to their OTM orders and ensure this sub account is passed through the entire lifecycle of the trade. Customers will receive playback of the sub account in confirmation messages and the sub account will also be passed to FSTC as part of the order routing process.

Multiple Org Access for Users to OTM

OTM Customers will now be able to access Multiple OTM Orgs through one access.

All OTM users will now be able to access multiple Client Org ID's from a single access. For customers who have multiple profiles due to differing organizations or configurations, a single access to OTM will now allow them to manage their accounts.

Commission Method Flexibility for OTM Execution to Custody (E2C)

Enhanced commission table to accept and update all commission types on OTM.

OTM has been enhanced to allow for different commission schedules for different markets. This capability will be extended to allow for multiple commission calculation methods and/or rates within each market, on a per market basis. Specific variables that are now addressed include the ability to calculate transactions for very low cost securities (e.g. “penny stocks”) on a ticket charge basis (i.e. a specific charge for the order as a total) even when trades in that market above a setup defined threshold are calculated another way (per share charge or bps).

This enhancement will give greater flexibility to the way in which commissions are managed and calculated through OTM, along with greater accuracy of calculation and reporting.

Addition of Safekeeping Account to USMF MT509 Messages

Addition of Safekeeping Account on USMF MT509 messages for all orders.

Currently, OTM USMF Hub generates MT509 without the Safekeeping Account Number. USMF customers will now benefit from the addition of their Safekeeping Account Number on MT509's.


70E Free Text Field Addition to MT502 for USMF

Acceptance and processing of 70E Narrative field as part of the OTM Order process.

USMF MT502 orders have a 70E Narrative field which allows the customers to populate anything which cannot be captured in the structured fields in free format. This free format field will now be passed on as part of the original order through to the Fund Manager.

FX Pulse Rejection Acceptance for CIS and E2C

Acceptance and processing of FX rejection messages.

OTM has been enhanced to accept FX Rejection messages for Pulse. Customers will benefit from this automated solution allowing faster updates on their FX and trade.

Figure 12: FX Pulse Rejection Acceptance


Transaction Manager

By Application




Transaction Manager


Transaction Manager, Citi’s web-based platform to initiate, validate, transmit and monitor your instructions through the settlement cycle, introduces the following enhancements:


Pending Settlement Quantity and Actual Settlement Quantity Added to Transaction Manager List Page

Transaction Manager will now display the latest Pending and Actual Settlement Quantity fields on the Transaction List screens. Users will be able to filter and search by these two fields in order to find the settled transaction quantity and keep track of settlement efficiently.

Please note that the Partial Settlement Quantity field has been replaced with the Actual Settlement Quantity field and will continue to show partial settlement amounts until a trade settles where the actual full settlement amount will then be displayed.

Clients can now display these fields on Transaction List (and not just on Transaction Audit) so the customer can quickly view the trades that have been settled and are pending settlement including partially settled trades where applicable.

Figure 13: User Preferences for New Columns Available on Transaction List Page and Summary Reports


Pre-Match Status Added to Transaction Manager List Page

Transaction Manager will now display the Pre-Match Indicator on the Transaction List screens so users can filter and search by this field in order to quickly identify trades that are not matched in market.

Clients can now filter for their unmatched transactions within the Transaction List view so they can quickly react to a subset of their trades and call their brokers to find out why their transactions are unmatched. This enhancement will be available for all new trades that are created or uploaded in Transaction Manager after this new functionality has been implemented.

Figure 14a: Pre-Match Indicator, Actual and Pending Settlement Quantity on Transaction List Page

Figure 14b: Filter by New Columns on Transaction List Page


Figure 14c: User-defined Filters Using New Columns

Third Party Borrow Instructions Available

Transaction Manager now supports an automated solution for clients processing Third Party Borrow instructions using new code words.

Clients can instruct Borrow, Loan of Borrow and Straight Delivery of Borrow through Transaction Manager using the following new code words:

Borrow - select Standard (RP/RF to open, DP/DF to close) and SETR//SECB

Loan of Borrow - select Standard (DP/DF to open, RP/RF to close), SETR//SECL and /RH/BORR

Straight Delivery of Borrow - select Standard (DP/DF to open, RP/RF to close) and /RH/BORR

The above transaction types will be suppressed from Auto Referral list.

Special Payment Orders Instructions Available

Transaction Manager now supports an automated solution for clients processing Security Order Payment transactions.

Clients can use Transaction Manager to process their Security Order Payments offering greater flexibility and increased straight through processing.


Supported browsers CitiDirect for Securities® can be accessed using Internet Explorer, Firefox and Chrome. All applications within

the suite support Internet Explorer versions 8 through 11. Chrome and Firefox are supported for all the

applications as of the November 2015 release with the exception of Fund Services Reporting and Message

Manager which will be supported in 2016.


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. November 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.

CitiDirect® for Securities New Features November 2015 ......to corporate actions and income events...

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