Deutsche Bank has launched a new liquidity management application on its Autobahn App Market and signed Banque Internationale à Luxembourg (BIL) as a client.
The app market model for customising functionality on the Autobahn electronic distribution platform was launched to clients in September this year, but had been in use internally since 2011.
More then 150 apps are now available on the platform, comprising redesigns of existing electronic services and a range of new apps.
The bank says its Liquidity Manager App enables clients to access and manage daily liquidity analysis, planning and management processes to improve the accuracy of local and worldwide forecasting, improve the transparency of branch account positions and centralise control of liquidity management through shared views and workflows.
Banque Internationale à Luxembourg (BIL) has signed up to connect to Deutsche Bank electronic products and services via the Autobahn App Market for access to Deutsche Bank's electronic transaction banking services, such as the Liquidity Manager App, but also research, analytics and pricing tools that support daily decision-making processes.
Jean-Marc Steines, Head of Financial Markets, BIL, said, "As a leading Luxembourg-based bank it is important to us that we leverage forward-looking solutions that keep up with today's markets.
By utilising Deutsche Bank's state-of-the-art Autobahn App Market we can benefit from inter-connectivity to multiple services provided by Deutsche Bank's App Market offering, which not only allows us to manage more efficiently our liquidity worldwide, but also gives us access to tools such as the Research Viewer and Commentary App so that we can make the right decisions at the right times."