Dallas, Texas 07/25/2013 (Financialstrend) – Citigroup Inc (NYSE:C) had recently introduced the Risk Map, which is named as the Market Infrastructure Risk Heat Map and would thereby provide for the comprehensive risk evaluations for each market to the investigative and intermediary clients of the company in the global networks. The latest solution that had been offered under the Network 3.0 program of the company is aimed at enabling the clients to easily and quickly assess and analyze the market infrastructure risk across wide range of attributes. The Risk Map had been developed after an analysis of around 65 key metrics conducted by the experts of the Citi spread over around 95 countries and would thereby deliver quantitative assessment of the risk related to the market infrastructure for asset servicing, safe keeping, account structure and opening, settlements, taxation and cash management.
The Managing Director of Citi investor services had commented that this risk map would prove highly relevant and efficient in the present risk focused environment of investments. It would thereby prove to be a valuable resource to enable the clients of the company to make informed decisions related to the investments and thereby quickly to the market movements of the share prices. Thus the investor clients of the company would now be equipped to handle high level of information related to market infrastructure risk to make their decisions effectively.
Citigroup Inc (NYSE:C) had lost 1.30% on Wednesday to close at $52.19 per share, after opening the day at a price of $52.98 per share. The stock had through the day moved with prices fluctuating between $52.11 and $53.17 per share. The company presently has 52 week low at $24.91 and 52 week high at $53.56. The institutional holding is at 69% and there are 3.04 billion shares outstanding in the market with a market cap of the stock presently at $158.72 billion.