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Article: Lehman Brothers Holdings Inc. Selects Citadel Solutions as Asset Servicing Platform Provider.
- Article from:
- PR Newswire
- Article date:
- August 26, 2009
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CHICAGO, Aug. 26 /PRNewswire/ -- Citadel Solutions announced today that it has been selected by Lehman Brothers Holdings Inc. (LBHI) to provide administration services, including the creation of an asset servicing platform. Citadel Solutions will leverage its proprietary technology and team of experts to support LBHI in managing middle and back-office processing for its derivative, corporate bank loan, commodity and principal investment portfolios.
"Following an extensive search, we are confident that Citadel Solutions
has the technological capabilities and expertise we need to execute our transition strategy," said Jeff Donaldson, head of LBHI's ...