Latest Deutsche Bank News: Finextra Research

Working group issues guidance on new message standard for cover payments

Banks have been warned that they may face disruption and delays to payments STP following the introduction of new messaging standards for cover payments as demanded by regulatory agencies.

16 September 2008

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JPMorgan to invest $1bn in treasury services

US bank JPMorgan has bucked the belt-tightening trend by using the Sibos conference to announce a $1bn investment in its treasury services business.

16 September 2008

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Bank job losses caused by restructuring, not offshoring - Deutsche Bank

Internal restructuring has resulted in banks shedding far more staff than the outsourcing of functions to offshore centres, according to a European study by Deutsche Bank.

11 August 2008

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BCS reports Deutsche Bank implementation

UK-based Business Control Solutions (BCS) says Deutsche Bank has begun a global roll out of its Integrity technology, which standardises account reconciliation and substantiation processes.

29 July 2008

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Deutsche Bank live on Chi-X Europe

The nine investment banks establishing the MiFID-compliant Turquoise platform are all now trading on rival ATS Chi-X Europe after Deutsche Bank executed its first trades on the Instinet system.

17 June 2008

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Banks back TradeWeb STP network

TradeWeb says its dealer-owners have committed to use its expanded straight-through processing (STP) platform for the voice and electronically-traded fixed income securities that they trade with customers.

30 May 2008

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EBAday to focus on corporates' role in the future of European payments

More than 400 representatives from banks and 200 leading corporates will convene at the Marina Congress Centre, Helsinki, on 25-26 June to look beyond the practical compliance requirements of operating in the single euro payments area and deal with the strategic questions that banks and corporates must address together if they are to prosper.

23 May 2008

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Outsourcing and offshoring take centre stage at Finexpo

Finexpo - Outsourcing Strategies, a new one-day conference and exhibition from Finextra on 5 June in London will feature keynote presentations from Deutsche Bank, IBM and Société Générale. It will also feature panel discussions covering best practice and the latest outsourcing trends on the sell-side and buy-side - from business processes such as trade execution, risk management and analysis through to back-office processing, infrastructure and application development.

09 May 2008

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SAP and Microsoft team with vendors and banks to form SOA association

Software giants Microsoft and SAP have joined forces to establish an industry association to promote and support the implementation of service orientated architectures (SOA) by financial services firms.

30 April 2008

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Rainbow in talks with LSE over EDX

Rainbow - the European exchange being set up by investment banks - has approached the London Stock Exchange about taking over the bourse's EDX derivatives business and making it the basis of its new trading platform.

25 March 2008

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New futures exchange named ELX

The new electronic futures exchange being set up by a group of banks and trading firms to take on the Chicago Mercantile Exchange will be named ELX Electronic Liquidity Exchange.

12 March 2008

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Banks to launch European derivatives exchange

Following the establishment of the bank-backed European equities trading platform Turquoise, a group of seven global investment banks are now gearing up to a launch a pan-European financial derivatives exchange - dubbed Project Rainbow - that will compete with the region's established markets, including Liffe and Eurex.

06 February 2008

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