Citi Named in Global Finance’s “The Innovators 2015” List

CitiConnect® ERP Integrator Recognized for Process Innovation

NEW YORK--()--Citi has been included in Global Finance magazine’s “The Innovators 2015” listing for transaction services. This is the publication’s third annual listing of global firms that are engendering innovation in treasury and transaction processing. This honor recognizes Citi’s business strategy to deploy the flexible, cost-effective, and non-intrusive CitiConnect® ERP Integrator which enables easy access to Citi’s network of Treasury and Trade solutions.

“With The Innovators, we evaluate both entrenched behemoths and agile upstarts that are disrupting the transaction services market. These firms are not just advancing rapidly, they are changing the rules of the game.”

The CitiConnect ERP Integrator consists of a set of pre-configured templates that are uploaded into SAP® software in order to automatically generate a payment file that is immediately ready for processing by CitiConnect ERP Integrator. This innovative offering for integration between a corporate client’s SAP ERP application and Citi has allowed clients to complete bank implementations 60% faster and with 40% less testing effort, all without impact to the internal business processes within a client’s SAP software environment.

“As cutting-edge banks and technology providers transform their transactions services operations, companies are starting to see the benefits,” said Joseph D. Giarraputo, publisher and editorial director of Global Finance. “With The Innovators, we evaluate both entrenched behemoths and agile upstarts that are disrupting the transaction services market. These firms are not just advancing rapidly, they are changing the rules of the game.”

"The CitiConnect ERP Integrator truly offers our clients a transformational experience by helping them focus on their business processes and not worry about file integration with Citi," said Hubert JP Jolly, Global Head of Citi's Channel, Enterprise and Account Services business. “Using this service helps our clients get integrated faster which in turn reduces project cost and complexity.”

The Innovators 2015 list will be published in Global Finance’s June 2015 issue, along with details on selection criteria and an in-depth report on how such innovation is evolving the transaction services landscape.

The CitiConnect ERP Integrator is an extension of CitiConnect®, Citi’s industry leading connectivity platform, and is part of the omni-channel electronic banking product suite that also includes CitiDirect BE®, CitiDirect BE® Mobile and CitiDirect BE® Tablet. All payment instruments across the 100+ countries supported by Citi through the CitiConnect platform are available.

Citi Treasury and Trade Solutions (TTS) enables our clients' success by providing an integrated suite of innovative and tailored cash management and trade finance services to multinational corporations, financial institutions and public sector organizations across the globe. Based on the foundation of the industry's largest proprietary network with banking licenses in over 100 countries and globally integrated technology platforms, TTS continues to lead the way in offering the industry's most comprehensive range of digitally enabled treasury, trade and liquidity management solutions.

For a copy of the Global Finance press release, see the link here:

About Citi:

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

Additional information may be found at | Twitter: @Citi | YouTube: | Blog: | Facebook: | LinkedIn:

About Global Finance:

Global Finance, founded in 1987, has a circulation of 50,050 and readers in 180 countries. Global Finance’s audience includes senior corporate and financial officers responsible for making investment and strategic decisions at multinational companies and financial institutions. Its website — — offers analysis and articles that are the heritage of 28 years of experience in international financial markets. Global Finance is headquartered in New York, with offices around the world. Global Finance regularly selects the top performers among banks and other providers of financial services. These awards have become a trusted standard of excellence for the global financial community.

About SAP:

SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE (or an SAP affiliate company) in Germany and other countries. All other product and service names mentioned are the trademarks of their respective companies. Please see for additional trademark information and notices.


New York
Nina Das, +1-212-816-9267

Recent Stories

RSS feed for Citi