Deutsche Bank today announced that it has enhanced its Next Generation Treasury Solutions to offer new efficiencies and innovation to corporate clients.
Deutsche Bank continues to invest in improving and evolving its offering by focusing on the treasury needs of its clients.
As Treasurers are refocusing their attention on utilizing centralized treasuries, in-house banks, shared service centers and payments factories, Deutsche Bank is helping them to take these structures further and drive added efficiencies to produce greater control over working capital, liquidity positions and risk exposures. Deutsche Bank's Next Generation Treasury Solutions such as integrated working capital management and comprehensive liquidity management enhance visibility while improving control of cash.
Financial supply chain is an area where there has been dramatic progress and Deutsche Bank's Next Generation Treasury Solutions offer an integrated working capital structure for corporates that combine supply chain and payment factory structures using the same platform. The Bank is now offering financial supply chain products that provide an automated and efficient way of delivering liquidity and counterparty risk mitigation.
Deutsche Bank is pioneering the industry by leveraging new technology to create functional, powerful solutions that specifically meet the needs of each client and are delivered in a convenient and intuitive way. The Liquidity Manager App is one of more than 150 Apps live on the Bank's Autobahn App Market, the first App-based electronic offering for clients in the financial services industry - allowing them to benefit from enhanced treasury functionality. The Liquidity Manager App supports Treasurers in their daily liquidity analysis, planning and management process and provides a link into FX exposure activities as well as investments. This App also improves the accuracy of local and worldwide forecasting, enhances the transparency into branch account positions and centralizes control of liquidity management through shared views and workflows.
Additionally, Deutsche Bank's Bank's market-leading Single Euro Payments Area (SEPA) solution positions clients to be ready for the mandatory SEPA migration. Clients are taking full advantage of the Bank's state-of-the-art SEPA engine for SEPA Credit Transfers as well as SEPA Direct Debits. Deutsche Bank's "Ultimate Guide to SEPA Migration" is available for download on iPhone, iPad or iPod touch with iBooks and on computer with iTunes or from Deutsche Bank's website: www.gtb.db.com.
Shahrokh Moinian, Head of Trade Finance and Cash Management Corporates for the Americas, Global Transaction Banking, Deutsche Bank, said, "Deutsche Bank is committed to staying at the forefront of sustained change to benefit our clients. The Bank's dedicated advisory, Trade & Cash Solutions, which was established in the Americas to assist our clientele, offers a consultative approach to identify potential areas of improvement and ways to benefit from our Next Generation Treasury Solutions."
Arthur Brieske, Head of Product Management for the Americas, Global Transaction Banking, Deutsche Bank added, "Deutsche Bank's Autobahn App Market and Liquidity Manager App are ground-breaking examples of how our Next Generation Treasury Solutions can offer new efficiencies and innovation while focusing on our clients' need for greater centralization, automation, standardization and simplification. Treasurers benefit from convenient, intuitive solutions that seamlessly combine products and services to meet their complex business objectives."