Deutsche Bank has been appointed custodian for Kepler Capital Markets fixed income activity across 14 markets in Europe.
The bank has already begun providing the fixed income services and expects to complete the rollout by the end of this month.
Deutsche Bank is the ideal partner to provide a global clearing solution tailored to our clients needs and our business lines, Joseph Cusanno, managing director and head of fixed income and Olivier Segonne, head of fixed income operations & process control at Kepler Capital Markets said in a statement.
We are delighted Kepler has chosen us for such a broad mandate, says Michael Aschauer, head of global sales and relationship management, Direct Securities Services (DSS), Deutsche Bank. This agreement represents a further expansion of our footprint in Western Europe and demonstrates our commitment and dedication to Direct Securities Services.