Aetna opts for OpenLend 25 October 2012New York Reporter: Jenna Jones
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Healthcare benefit company Aetna has selected Citi’s OpenLend platform to provide it with securities lending services.
Openlend, part of a suite of investment services delivered through Citi OpenInvestor, provides open-architecture securities lending solutions to help clients achieve their performance objectives.
David Martocci, head of securities finance, securities and fund services at Citi, said: “We are pleased that Aetna recognised the value of our third-party securities lending expertise and our commitment to providing exceptional client service. The success of our OpenLend product is centered around providing customised solutions for our clients. We look forward to helping Aetna with its securities lending program.”
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