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Citi Private Bank's Innovation Office was established specifically to help clients to meet the challenges and opportunities which the rapidly changing world around us presents.
Technological advancements are constantly transforming the ways that we live and do business. Citi Private Bank clients are typically innovators by their very nature. They and their families have often generated their wealth via innovative businesses. The challenge they now face is trying to preserve and grow that wealth by ensuring that their investment portfolios reflect and anticipate innovation's effects upon the economy and their assets.
The Innovation Office serves the dual role of better preparing our clients and the Private Bank for the future. Embedded within the innovation network of Citi, the Innovation Office is both a sense maker and a connector - sharing insight by bringing the outside in and the inside out.
Some examples of how that purpose is served are:
Citi Private Bank was named Best Private Bank for digitally empowering relationship managers, and Best Private Bank for Big Data analytics and Artifical Intelligence at the Professional Wealth Management's second annual Wealth Tech awards in 2019.