Citigroup gets HIP transplant

Michael Sleightholme

Citigroup, one of the world's largest financial corporations, has gone live with a new global technology platform, bred exclusively for funds of hedge funds managers.

The HIP, or Hedge Fund Information Provider, is a niche platform from vendor youDevise that firm officials say will transform funds of hedge funds (FoHF) operations into a "seamless" front-to-back online service.

The product, which will be integrated with Citi's current back office services, will provide FoHF managers with up-to

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