Source: Deutsche Bank
Deutsche Bank today announced the launch of the groundbreaking Autobahn App Market, the first 'App-based' electronic distribution system in the financial services industry, offering clients a central access point to the rich suite of electronic services offered by the bank.
To date, Deutsche Bank's Corporate & Investment Bank has redesigned more than 100 of its electronic services, covering all business divisions as well as asset classes and spanning the full trade lifecycle - from pre-trade analytics to post-trade services. This significant technology investment is in response to demands from clients for a greater breadth of online services that enable them to operate more efficiently.
New services available via the App Market include:
Research Viewer App: quick access filters to jump straight into a personalised view of the latest publications from Deutsche Bank Research;
Trading Commentary App: immediate access to the latest developments in the markets and the reactions of Deutsche Bank's Sales and Trading desks;
Charting App: interactive charts that put the wealth of analytics and data available to the Deutsche Bank's Sales and Trading desks into the hands of clients;
Calendar App: full overview of upcoming company events, sector by sector, as well as upcoming auctions and releases.
Many more apps will be added to the App Market in the coming months, including corporate and transaction banking services. Clients can launch, search and access all apps stored in the App Market instantaneously through a toolbar that sits unobtrusively on the user's desktop.
"The regulatory environment is likely to accelerate the use of electronic services by mandating the use of central clearing counterparties and electronic execution to reduce systemic risk and increase market transparency," said Rich Herman, head of the Institutional Client Group at Deutsche Bank. "We have designed our groundbreaking Autobahn App Market to give our clients a transparent and reliable electronic platform with fully integrated access to the markets right from online pre-trade analytics all the way through to comprehensive electronic trading and post-trade services."
"The Autobahn App Market makes the complex simple, significantly upgrading the experience for our clients with a powerful search engine and an intuitive layout," said Serge Marston, head of ecommerce Sales at Deutsche Bank. "In time we believe this kind of service will be ubiquitous across the financial industry."
Autobahn is an award-winning electronic distribution service that has been available to clients since 1996. It now provides electronic access to Deutsche Bank's wealth of sales, analytical and research expertise as well as transaction banking services. It also enables clients to trade electronically across multiple asset classes, including foreign exchange, equities, commodities, credit, rates and emerging markets. The Autobahn App market has been used internally by Deutsche Bank employees since early 2011.