Waterfall Analyst

Citco launches unified private credit portal to streamline loan servicing. * July 28, 2026 * - 9:28 am Citco has introduced a new digital platform designed to simplify private credit loan servicing, as growing market complexity drives demand for greater transparency and operational efficiency across the asset class. The new Citco Credit Portal brings together the firm's loan servicing capabilities into a single platform, providing loan agency and servicing clients with one point of access to loan information, portfolio data and operational workflows. Initially available to clients using Citco's Loan Agency and Servicing business, the platform enables users to view loans, borrowers, lender groups and portfolios while accessing transaction data, payment schedules and servicing information through a unified interface. The launch comes as the private credit market continues to expand, with increasingly complex financing structures, larger syndicates of lenders and heightened demand for timely portfolio information placing greater pressure on servicing providers. Citco said the portal is designed to reduce the operational inefficiencies associated with fragmented systems by creating a single digital environment that combines loan data, documentation and servicing workflows. The firm believes the platform will improve transparency, facilitate collaboration between market participants and provide a more consistent view of loan information throughout the servicing process. Artificial intelligence played a key role in developing the platform, with Citco incorporating agentic AI technologies to accelerate product development and introduce new functionality. The company is also piloting AI-powered tools to automate loan abstraction and improve transaction onboarding into its servicing systems. However, Citco said AI-generated outputs will continue to be reviewed and validated by experienced servicing professionals under a hybrid "AI Plus Human" operating model, combining automation with human oversight to maintain accuracy and control. Elaine Furnari, Head of Citco Loan Services, said the portal aims to address a longstanding transparency gap in private credit by giving clients near real-time visibility into loan activity, exposures and, over time, underlying asset performance. Looking ahead, Citco plans to expand the platform's capabilities to support non-performing loans, restructurings and recoveries, while increasing integration with clients' internal systems and data environments. The launch forms part of the firm's broader strategy to modernise private credit servicing infrastructure as the asset class continues to mature and institutional investors demand more sophisticated reporting, monitoring and workflow management tools.

Citco relocates Luxembourg office to support growth in private markets. * March 30, 2026 * - 3:39 pm The Citco Group of Companies (Citco), a leading asset servicer to the alternative investment industry, today announces the relocation of its Luxembourg office, reinforcing its presence in one of the world's most important alternative asset hubs. The relocation from Citco's Carré Bonn premises reflects continued investment in operational excellence and supports the firm's sustained regional growth, particularly across private markets mandates. With a Total Net Asset Value (TNAV) of USD 297.8 billion (EUR 287.6 billion) across 703 funds and sub-funds, Citco held the largest market share in private markets among service providers in Luxembourg's funds industry in 2025. Citco has operated in Luxembourg for more than 30 years and continues to see increasing demand from alternative asset managers seeking scalable, cross-border servicing solutions. Effective 15 April 2026, Citco Luxembourg will move to UNICITY, 23A, rue de Hollerich, L-1741 Luxembourg. The new premises will operate as a fully integrated asset-servicing hub, delivering comprehensive middle- and back-office support across a broad range of asset classes and fund structures, including private markets, real assets and hedge funds. The expanded, modern workspace is designed to meet evolving client needs, featuring enhanced collaboration areas and dedicated client meeting facilities. "Luxembourg is a cornerstone of the global alternative investment ecosystem," said Eef Verachtert, Managing Director, Citco Fund Services (Luxembourg) S.A. "As the region continues to strengthen its position as a global hub for private markets and cross-border fund structures, this move reinforces our long-term commitment to Luxembourg and to the clients we serve here. It reflects our ongoing investment in our business and ensures that we are well positioned to support our clients' continued growth from one of the world's leading alternative asset centres." "Citco is the world's largest organically grown asset servicer in alternative investments, built through decades of serving the global investment industry," said Jay Peller, Chief Operating Officer, Citco. "We are seeing sustained global demand for private markets infrastructure and Luxembourg remains a critical jurisdiction in that growth story. Our Luxembourg operations have thrived on a proven model of automation, scalability and agility to deliver superior service to our clients and this relocation strengthens our ability to support alternative asset managers worldwide with Citco's comprehensive range of services, world-class technology and access to our global office network." Citco's services span accounting, administration, depositary and financial services supported by advanced technology solutions.