Citigroup Inc. has launched a suite of hedge fund middle-office services.

The suite includes post-trade and pre-settlement services that are scalable and modular, the New York company said Monday.

The services use technology designed to help manage daily trade processing and profit and loss reporting, collateral management, corporate action processing and cash management.

Citi's hedge fund middle office services are available to funds operating in North America, Latin America, Europe and the Asia-Pacific region.

With the addition of these services, Citi said, it now offers an end-to-end hedge fund servicing platform, including administration, custody and OpenPrime, a portfolio management and order management system.

Global transaction services, which is a division of Citi's institutional clients supports over 65,000 clients and had $10.3 trillion in assets under custody as of March 31.

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